826 N Barranca, Covina, CA 91723
826 N Barranca, Covina, CA 91723
826 N Barranca, Covina, CA 91723
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$7,280,000
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1.03 Acres Lot
Active

826 N Barranca Covina, CA 91723

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26111339

HOA Y/N No

Year Built 1961

Lot Size 1.035 Acres

Property Sub-Type Mixed Use

Property Description

The Bahamas Apartment is a 24-unit garden-style apartment community located at 826 N Barranca Avenue in Covina, California. Built in 1961, the property offers an attractive and diverse unit mix including studio, one-bedroom, two-bedroom, and four-bedroom floor plans with an average unit size of approximately 951 square feet.
The property presents investors with a strong value-add opportunity in a desirable San Gabriel Valley rental market. The community features spacious layouts, central HVAC, on-site laundry facilities, a community swimming pool, covered carport parking, storage areas, and pitched composition roofs. Select units have been upgraded.
Conveniently located with immediate access to the I-10, I-210, and I-605 freeways, the property provides connectivity throughout Los Angeles, Orange, Riverside, and San Bernardino Counties. The Bahamas Apartment is also minutes from Azusa Pacific University, Citrus College, Cal Poly Pomona, Plaza West Covina, and the Covina Metrolink Station.
The offering is ideal for both private investors and 1031 exchange buyers seeking long-term upside through rental growth and operational improvements. The property is subject only to California AB-1482 and is not under local rent control, providing additional flexibility for future ownership.

Location

State CA

County Los Angeles

Area 614 - Covina

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Pool Community, Fenced

Community Features Valley, Pool

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8429031016

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Grady Liu MacroReal Inv Grp Inc. gradyl@macroreal.com, DRE #01290494

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826 N Barranca

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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