Covina Homes with Three Or More Levels Stories

Covina Homes with Three Or More Levels Stories

Welcome to Covina, California, a hidden gem nestled in the heart of Los Angeles County. This vibrant city offers a perfect blend of suburban charm and urban convenience, making it an ideal place for families, professionals, and anyone seeking a welcoming community. Known for its friendly neighborhoods, Covina boasts a rich history, diverse culture, and a variety of recreational activities. Residents enjoy easy access to shopping, dining, and entertainment options, along with beautiful parks and outdoor spaces that invite you to explore the great California weather.

In Covina, you’ll find an array of homes that cater to various lifestyles, including those with three or more stories. These multi-level residences provide ample space, offering a unique opportunity for families or individuals seeking room to grow. With expansive floor plans and thoughtfully designed layouts, homes with three or more stories in Covina not only accommodate your living needs but also create a sense of luxury and comfort. Imagine hosting gatherings in spacious living areas, or enjoying breathtaking views from upper-level balconies.

The city’s real estate market is thriving, and homes with multiple stories are in high demand. They often feature modern amenities, stylish finishes, and outdoor spaces that enhance the California living experience. Whether you’re looking for a cozy family retreat or a stylish urban oasis, Covina has the perfect multi-level home waiting for you. Discover the charm of this beautiful city and explore the possibilities of multi-story living in Covina—where your dream home awaits!

Newest Covina Homes with Three Or More Levels Stories

708 E Ruddock Street, Covina
$4,100,000
28 Beds ⋅ 26 Baths ⋅ 26993819 MLS ⋅ Active Status
708 E Ruddock Street, Covina offers investors a compelling combination rarely found in Southern California multifamily: a 14-unit asset with no local rent control, central air conditioning, and a below market basis. Set on a quiet cul-de-sac in one of Covina's most established neighborhoods, this pride-of-ownership community sits on an expansive 34,279 square foot lot.The freedom from local rent control is significant. While many nearby submarkets cap owners' ability to push rents toward market, Covina gives ownership full flexibility to reposition the property as units turn, with only state level regulatory ceiling on the upside. Unit sizes stand out too, averaging over 1,000 square feet, well above the norm for this submarket. Six of the fourteen units are townhouse-style, offering a true two-story living experience that drives tenant loyalty and premium rents. Each unit also has its own individual water heater, keeping utility costs low and operations simple. Parking is another strength: 40 spaces across two-car garages, one-car garages, covered parking, and on-grade parking, well above typical ratios nearby. A gated entrance and quiet cul-de-sac setting round out the property's appeal and keep turnover low. The rent roll reflects a stable, well-run asset at 100% occupancy with many long-term tenants in place.Current rents span a wide range, from the $1,300s to nearly $2,200 for similarly configured units, pointing to clear upside as units turn.For investors seeking dependable in-place income paired with an easy to realize path to rent growth, 708 E Ruddock Street is the most compelling multifamily investment opportunity available in Covina today.

708 E Ruddock Street, Covina

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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