826 Barranca Avenue, Covina
Covina Home For Sale
***PRICE IMPROVED*** We are pleased to present the rare opportunity to acquire a garden style 24-unit multi-family investment in Covina, California. Located at 826 North Barranca Avenue, the subject property is part of the portfolio of The Bahamas Apartment. This multi-family Asset is in a market with solid demographics and unique accessibility to major employment hubs, easy to access freeway I-10 and I-210, close to downtown Covina. The property is within minutes to essential city frequented locations—Costco, Walmart Supercenter, Home Depot, Plaza West Covina, Ikea, Azusa Pacific University, Citrus College, Cal Poly Pomona, and Kaiser Permanente Baldwin Park Medical Center. The spacious unit mix consists of studio, one-bedroom, Two-bedroom and Four-bedroom units with large floor plan, patio, Central AC. This property portfolio offers value-add opportunity for investors to invest in a prime asset with well-maintained condition. Two Units are nonconforming units (1 Studio and 1 one becroom unit). Investor has opportunity to legalize those unit and potentially add ADU. Buyer to verify. Ideal for exchange with potential upside on rent. The property will be delivered free and clear.
Property Details
Additional Information
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- City:
- Covina
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- County:
- Los Angeles
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- Zip:
- 91723
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- MLS® #:
- TR24074689
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- Bedrooms:
- 9
-
- Bathrooms:
- 8
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- Lot Size:
- 1.03
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- Levels:
- Two
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- Garages:
- 3
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- HOA Dues:
- $
Price Change History for 826 Barranca Avenue, Covina, (MLS® #TR24074689)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $7,280,000) | $6,880,000 | $400,000 (5.49%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 28th, 2024 at 6:50pm PDT. 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.