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$6,880,000
213 Days On Site

826 N Barranca Avenue
Covina, CA 91723

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
22,820
SqFt
$301
/SqFt
1961
Built
County:
Los Angeles
Listed by Grady Liu of MacroReal Inv Grp Inc. [email protected]

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826 N Barranca Avenue826 N Barranca Avenue826 N Barranca Avenue826 N Barranca Avenue
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***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.

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Listing Snapshot
Price 
$6,880,000
Days On Site 
213 Days
Bedrooms 
N/A
Inside Area (SqFt) 
22,820 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.0348 Acres
Year Built 
1961
MLS® Number 
TR24074689
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoPrice changed to $6,880,000
6 months agoListing updated with changes from the MLS®
7 months agoStatus changed to Active
7 months agoListing first seen on site
General Features
Acres 
1.0348
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Parking Spaces 
3
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
22820
Stories 
Two
Water Source 
Public
Zoning 
CVR3-RD2000*
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
CommunityFenced
Community Features
Building Access 
Gate
Community Features 
Pool
Financing Terms Available 
Cash1031 Exchange
MLS Area 
614 - Covina
826 N Barranca Avenue, Covina, CA, 91723 Pezzini Luxury Homes

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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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