5-Unit Apartment
378 E Badillo Street, Covina, CA 91723
For Sale
$1,049,000
The unit mix includes studios, one-bedroom apartments, and a two-bedroom apartment.
Property Size3,444 SF
Lot Size0.16 Acres
Price / SF$304.59
Days on Market8
Property Features for 378 E Badillo Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
WRIGHT PROPERTY MANAGEMENT
Listed By:
John Wright · License CA #01927712
(714) 392-3129
Source:
Archetyperealty
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 12 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WRIGHT PROPERTY MANAGEMENT
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story apartment property contains five residences: two studios, two one-bedroom units, and one two-bedroom unit. Two apartments are on the ground floor and three are upstairs; each has a single-level interior layout. The building measures approximately 3,444 square feet on a 6,778-square-foot parcel and was built in 1959. Parking comprises a two-car garage and five carport spaces.
Four apartments are occupied. The remaining one-bedroom, one-bath unit is vacant and requires full interior rehabilitation. The transaction is a court-ordered partition referee sale, subject to court confirmation and overbid.
Four apartments are occupied. The remaining one-bedroom, one-bath unit is vacant and requires full interior rehabilitation. The transaction is a court-ordered partition referee sale, subject to court confirmation and overbid.
Key Highlights
- Five apartments: two studios, two one‑bedroom units, and one two‑bedroom unit
- Two‑story building with two ground‑floor apartments and three upstairs
- Approximately 3,444 square feet on a 6,778‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,417
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,340
$1.1M
Cap Rate 7%
$791,671
$791.7K
Cap Rate 9%
$615,744
$615.7K
Market Conditions
NOI Build-Up for 3,444 SF
Gross rent
$109.5K $31.80/SF
− Vacancy
−$8.8K −$2.54/SF
EGI
$100.8K $29.26/SF
− OpEx
−$45.3K −$13.17/SF
NOI
$55.4K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,340
Cap Rate 7%
$791,671
Cap Rate 9%
$615,744
Alternative Uses
Best Use
Apartment 5plus
$791.7K
$692.7K – $923.6K
NOI $55,417 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,073 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,641
Businesses Nearby
Explore this area
Business Placement
Demographics for 91723, CA
19,653
Population
6,516
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
8,545
Density / Sq Mi
$87,363
Median Household Income
$44,154
Median Earnings
$1,711
Median Rent
$663,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix includes studios, one-bedroom apartments, and a two-bedroom apartment.
Where is this apartment building located?
The property is located at 378 E Badillo Street Covina, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Five apartments: two studios, two one‑bedroom units, and one two‑bedroom unit; Two‑story building with two ground‑floor apartments and three upstairs; Approximately 3,444 square feet on a 6,778‑square‑foot lot
