826 N Barranca Covina, CA $ 7,280,000
826 N Barranca
$ 7,280,000
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826 N Barranca

Covina, CA, 91723
$ 7,280,000
Baths1.0 Sq 22,820

Monthly Estimate*

$ 44,824

Listed by MacroReal Inv Grp Inc.
826 N Barranca, Covina, CA 91723 - Image 1
826 N Barranca, Covina, CA 91723 - Image 2
826 N Barranca, Covina, CA 91723 - Image 3
826 N Barranca, Covina, CA 91723 - Image 4
826 N Barranca, Covina, CA 91723 - Image 5
826 N Barranca, Covina, CA 91723 - Image 6
826 N Barranca, Covina, CA 91723 - Image 7
Studio

Multi-Family Home for sale in Covina, CA

for $7,280,000 with 1 full bath. This 22,820 square foot home was built in 1961 on a lot size of 1.0348.

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.

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Multi-Family Active

Price

$ 7,280,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.0348

Year Built

1961

Town/City

Covina

County/Region

Los Angeles

MLS | Web ID

TR26111339

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features Community Fenced
Year Built 1961
Property Subtype Mixed Use
Gross Income 0
Community Features Valley Pool
County Los Angeles
Net Operating Income 418981
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Contingency See Agent Remarks
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North of San Bernardino Rd
City Covina
Entry Location Gated
Senior Community Y/N false
Number Of Units Total 24
MLS Area 614 - Covina
Lot Size Units Square Feet
Lot Size Square Feet 45075
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Property Sub Type Additional Mixed Use
Cap Rate 5.76
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned
Water Source Public
Total Parking 0
Lot Size Area 45075
Number of Buildings 2
Building Area Total 22820
Lot Size Acres 1.0348
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 25
Number of Separate Electric Meters 25
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* Excluded Features
List By
Macroreal Inv Grp Inc.

Broker

gradyl@macroreal.com

Email

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$44,824
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$7,280,000 Listed Price

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826 N Barranca, Covina, CA, 91723 is a Multi-Family Home for sale at $7,280,000 with 22,820 sqft and a lot size of 1.0348. 826 N Barranca is a studio with 1.0 baths and was built in 1961. The property's zip code is 91723 which is in Covina, CA