826 N Barranca Avenue
Covina, CA 91723
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1961 build
- – on site
***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.
Last checked:
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Last updated Sep 23, 2024
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MLS# TR24074689 —
The Building
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Year Built:1961
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:22820.00
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Building Area Units:Square Feet
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Total Number Of Units:24
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:23
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# of Separate Water Meters:1
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# of Separate Electric Meters:23
Interior
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Levels:Two
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Entry Location:Gate
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Laundry:Common Area
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Laundry:1
Location
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Directions:North of San Bernandino Blvd
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Latitude:34.09488400
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Longitude:-117.88074800
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:CVR3-RD2000*
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Lot Features:Lot Over 40000 Sqft
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Lot Size Area:45075.0000
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Lot Size Acres:1.0348
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Lot Size SqFt:45075.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:4037.21
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Tax Tract:3410
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Tax Lot:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:8429031016
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Pool:Community, Fenced
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:3.00
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Garage Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/20/24
May 20, 2024
|
Price Changed | CRMLS_CA | $6,880,000 | -5.5% |
|
4/15/24
Apr 15, 2024
|
Listed / Active | CRMLS_CA | $7,280,000 | 3.6% (0.5% / YR) |
|
4/1/16
Apr 1, 2016
|
CRMLS_CA | $7,025,000 |
