Covina Homes with Three Or More Levels Stories

Covina Homes with Three Or More Levels Stories

Welcome to Covina, California, a charming city nestled in the heart of Los Angeles County. Known for its rich history and vibrant community, Covina offers a unique blend of suburban tranquility and urban convenience. With its picturesque neighborhoods, excellent schools, and a plethora of parks, Covina is an ideal destination for families and individuals seeking a welcoming place to call home.

One of the standout features of Covina is its diverse real estate market, particularly the availability of homes with three or more levels. These multi-story residences provide ample space for growing families or those who simply desire extra room for entertainment and relaxation. Imagine waking up in a beautifully appointed master suite on the upper level, while the lower floors serve as a hub for family gatherings and social events. With multiple stories, these homes often come equipped with stunning views, spacious balconies, and open-concept living areas that seamlessly blend style with functionality.

In addition to the impressive architectural options, Covina boasts a warm climate, making it perfect for outdoor enthusiasts. Explore the nearby San Gabriel Mountains or take a stroll through the city’s well-maintained parks and recreational areas. With easy access to major freeways and public transportation, commuting to downtown Los Angeles or other parts of the county is a breeze.

Whether you're searching for a multi-level family home or looking to invest in a property that offers both comfort and style, Covina has something for everyone. Come and discover the charm of this Los Angeles County gem—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

Start Your Search

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.