855.375.4001
Listed by gradyl@macroreal.com - Grady Liu - MacroReal Inv Grp Inc.
$6,880,000 affordable loan icon Calculate Payment

826 Barranca Avenue Covina, CA 91723

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Apartment Residence
Beds
Baths
... Bed/Bath
22,820 Sq. Ft.

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Last updated on 7/6/2024 11:16 PM
***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 wi...th 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. Continue reading
MLS#
TR24074689
Property Type
Apartment
Year Built
1961
Square Feet
22,820 sq. ft
Lot Size
1.03
Stories
2.0
Sewer
Public Sewer

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Listed by gradyl@macroreal.com - Grady Liu - MacroReal Inv Grp Inc.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 7/6/2024 11:16 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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