$7,280,000
 $39,081 est/mo Sourced by Back At You

826 N Barranca,Covina, CA 91723

Covina, CA 91723

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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.

Details

MLS #TR26111339
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site105
Listing Provided ByMacroReal Inv Grp Inc. | Grady Liu

Features

SQ Feet22,820
Story(s)2
Units24
Building(s)2
Acreage1.03

Parking

Parking FeaturesAssigned
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesValley, Pool

Area Information

StateCA
CountyLos Angeles
CityCovina
Zip Code91723
Area614 Covina
Listing VS Median (in 91723)
Price:
$7,280,000
low | high
Med:
$5,665
100% of Average
sqft:
22,820
low | high
Med:
40,268
26.459246275197% of Average
$ / sqft:
$319
low | high
Med:
$0
100% of Average
On site:
105
low | high
Med:
11
100% of Average
Sourced by Back At You

Market Activity 91723

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityCovina
Zip Code91723
Area614 Covina
Listing VS Median (in 91723)
Price:
$7,280,000
low | high
Med:
$5,665
100% of Average
sqft:
22,820
low | high
Med:
40,268
26.459246275197% of Average
$ / sqft:
$319
low | high
Med:
$0
100% of Average
On site:
105
low | high
Med:
11
100% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 10:46:22 PM PDT