826 North Barranca Avenue
$6,880,000
9
38
22,820
22,820
$301
Description
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,...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.
- Listed by Grady Liu • DRE #01290494 • Brokerage DRE #01290494 • MacroReal Inv Grp Inc. • gradyl@macroreal.com
- Listed by Hao Ding • DRE #02024511 • Brokerage DRE #01290494 • MacroReal Inv Grp Inc.
Property Details for 826 North Barranca Avenue
Parking Spaces Total
3
Private PoolNo
Total Units24.0
Building TypeAttached
Lot Size SourceAssessor
Living Area22820
Assessor Parcel Number8429-031-016
Property Attached YNtrue
LISTING UPDATED: 09/23/2024 03:49 AM
Property Details for 826 North Barranca Avenue
Status | Active |
---|---|
MLS # | TR24074689 |
Days on Market | 201 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1961 |
County | Los Angeles County |
Building Information for 826 North Barranca Avenue
Building/Complex826 N Barranca AveFloor-Stories2Residences-Pet Policy-Year Built1961Building Size-
Property Information for 826 North Barranca Avenue
Property History for 826 North Barranca Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 826 North Barranca Avenue
Taxable ValueLand$4,016,536Additions$1,479,556Total$5,496,092
Tax Record2024$72,814 ($6,068 / month)
Home Facts
Total Finished SqFt22,820 SqFtAbove Grade Finished SqFt22,820 SqFtLot Size45,061 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningCVR3-RD200CountyLOS ANGELESAPN8429-031-016
Schools near 826 North Barranca Avenue
This home is within Covina-Valley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ben Lomond Elementary School PublicK to 5 | ||
Sierra Vista Middle School Public6 to 8 | ||
South Hills High School Public9 to 12 | ||
Fairvalley High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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