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About This Home

This 9-bedroom, 8-bathroom residential multi family at 826 N Barranca in Covina, CA is listed for $7,280,000 ($319 per sqft). Built in 1961, the home offers 22,820 sqft of living space on a 1.03 acres lot.

Agent 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.

Key Features

  • Built in 1961
  • 1.03 acre lot
  • 2 stories

Property Details

2 stories
6 full, 2 half
1961

Monthly Cost Estimate

$38,935/mo

20% down · 6.5% · 30 years

Principal$5,265
Interest$31,547
Insurance$2,123

Estimates only. Actual payments may vary.

Location

826 N Barranca

Covina, CA 91723

Features & Amenities

Exterior Features

Community Features Included: ValleyLot 20000-39999 Sqft

Property Details

Parking

Assigned

Questions & Answers

This 9-bedroom, 8-bathroom residential multi family at 826 N Barranca is listed at $7,280,000 ($319/sqft). The estimated monthly payment is $31,547 based on 20% down at 6.5% interest.

Key features include: Built in 1961, 1.03 acre lot, 2 stories. Exterior Features: Community Features Included: Valley, Lot 20000-39999 Sqft.

This property is listed by Grady Liu and can be reached at 6262368934 or gradyl@macroreal.com.

GL

Grady Liu

Agent at MacroReal Inv Grp Inc.

(626) 236-8934

Listed by MacroReal Inv Grp Inc. · View on Broker Site

MLS# TR26111339· Source: listhub· Updated 11 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

826 N Barranca, Covina, CA 91723

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