826 N Barranca Avenue, Covina (91723)
$7,280,000
0 
0
22,820
PROPERTY DETAILS
| Address: |
view address Covina, CA 91723 Map Location |
Features: | Garage, Multi-level |
|---|---|---|---|
| Square Feet: | 22,820 sq.ft. | Lot Size: | 1.03 acres |
| Year Built: | 1961 | Property Type: | Apartment |
| County: | Los Angeles | List Date: | 2024-04-15 |
| Listing Number: | TR24074689 | Listed By: | MacroReal Inv Grp Inc. |
| Listing Office: | [email protected] | Days on market: | 16 |
PROPERTY DESCRIPTION
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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Exterior
| Community Swimming Pool(S): | Yes | Garage Size: | 3.00 |
| Parking Spaces: | 3.00 |
Property and Lot Details
| Lot Acres: | 1.03 | Lot Number: | 5.00 |
| Lot Sqft: | 45,075.00 | Public Sewer: | Yes |
| Public Water: | Yes | Transaction Type: | Sale |
| Year Built: | 1961 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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