708 E Ruddock Street, Covina, California image 1
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708 E Ruddock Street

Covina, CA 91723
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$4,100,000 $17,285/Mo
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Bed 28

Bed

Bath 26

Bath

SqFt14,999

Sqft

SqFt34,291

Sqft(Lot)

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 tru e 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,100,000

AD Id : 91552788

MLS Id : 26993819

Beds : 28

Lot Size : 34,291 Sq. Ft

Living Area Size : 14,999 Sq. Ft

Year Built : 1978

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 28

    Bathroom Information

    Total Baths: 26

  • Interior Features

    Appliances: Disposal, Refrigerator

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1978
    Building Area Total: 14999
    Private Pool: No

  • Lot Information

    Main Square Feet: 34291 Lot Size Acres: 0.7872 Lot Size Square Feet: 34,291

  • Listing Price Information

    Listing Price: $4100000

  • Tax Information

    Parcel Number: 8429033025

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    AttachedCarport, DoorMulti, DoorSingle, Garage

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: Covina
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
449 S Barranca, Covina, CA, 91723 $1,320,000 6 5 -- 18,992 Sq. Ft
231 E Dexter, Covina, CA, 91723 $1,050,000 4 -- -- 8,721 Sq. Ft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/12/2026 @ 22:31

MLS: 26993819 LISTED BY: Nicholas Hayner, Maywood Property Group 310-650-9696 SOURCE: CRMLS

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