1 of 9
Tools
Size
9
Bedrooms
6
Full Baths
1
Partial Bath
22,820 Sq Ft.
interior
1.03 Acres
Exterior
Financial
$7,280,000
Change Currency
$319
Price Per Sqft
Listing Details
Apartment
Property type
1961
Year Built
11137778
Web Id
TR24074689
MLS ID
28
Days Posted
Description
826 N Barranca Avenue, Covina, CA 91723
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 locationsCostco, 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.
This is an Active listing.
Broker Office Phone Number: 626-898-5868
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 626-898-5868
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
date | Price | variance | type |
---|---|---|---|
4/15/2024 | $7,280,000 | - | Listed |
Listing By: MacroReal Inv Grp Inc. via Data Source: California Regional Multiple Listing Service, Inc
listing agent: Grady Liu