Backup offers
$6,650 Closing Credit¹
#OC25011977, Sylvia Bravo, Listing Office: HomeSmart, Evergreen Realty
826 N Barranca Ave Covina, CA 91723
$6,880,000 List price
1.0 acres
Condo
Property details
About 826 N Barranca Ave
***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.
Highlights
Home typeCondominium
StatusActive
Lot size1.0348 Acres
Year built1961
MLS #TR24074689
Garage3 spaces
Summary
- MLS Number: TR24074689
- MLS Name: CRMLS
- Office Name: MacroReal Inv Grp Inc.
- Office Email: gradyl@macroreal.com
- Listing Agent: Grady Liu
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,880,000
826 N Barranca Ave
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 23, 2016 | Home Sold | $8,050,000 |
| Mar 31, 2016 | Home Sold | $7,025,000 |
| Sep 02, 1999 | Home Sold | $2,491,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,496,092 | $72,814 |
| 2023 | $5,388,334 | $71,823 |
| 2022 | $5,282,689 | $70,920 |
| 2021 | $5,179,115 | $69,868 |
| 2020 | $5,125,634 | $68,331 |
| 2019 | $5,025,132 | $65,272 |
| 2018 | $4,926,600 | $63,992 |
| 2017 | $4,830,000 | $63,992 |
History based on county public records data.
Nearby schools
7
Ben Lomond Elementary School
Public District KG-5
0.4 mi
•621 E Covina Blvd
7
Cypress Elementary School
Public District KG-5
0.8 mi
•351 W Cypress St
6
Cedargrove Elementary School
Public District KG-6
1.1 mi
•1209 N Glendora Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,429. The majority of Covina, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
26%
<35k
65%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
16%
Single, with Kids
26%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Music Concerts
Where do the neighbors shop?
Banana Republic
IKEA
H&M
Where do the neighbors go to eat?
Jack In The Box
Quiznos
Chipotle
What do the neighbors drive?
Toyota
Lexus
Volkswagen
What do the neighbors listen to?
Jazz
Soft Adult Contemporary- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 826 N Barranca Ave
This home is located at 826 N Barranca Ave in Covina, CA and zip code 91723 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $6,880,000.
While more than 12 listings in Covina, CA in January 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Covina, CA between December and January 2025 decreased by 0.9%. In January 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $782,377.
From Rocket Homes Real Estate and based on county public records data.