Property Details
About this Property
***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.
MLS Listing Information
MLS #
CRTR24074689
MLS Source
California Regional MLS
Days on Site
217
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
Contact Information
Listing Agent
Grady Liu
MacroReal Inv Grp Inc.
License #: 01290494
Phone: (626) 898-5868
Co-Listing Agent
Hao Ding
License #: 02024511
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
826 N Barranca Ave is a Residential Income in Covina, CA 91723. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,880,000 and was built in 1961. This address can also be written as 826 N Barranca Ave, Covina, CA 91723.
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This listing information is up-to-date as of September 23, 2024. For the most current information, please contact Grady Liu, (626) 898-5868
