$7,280,000
826 N Barranca, Covina CA 91723
Multi-Family (24 Units)
Property type
15 days
On market
$319
Price per sqft
0 cars
Garage
1961
Year built
45,075 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Grady Liu DRE #01290494 626-898-5868, MacroReal Inv Grp Inc., Hao Ding DRE #02024511, MacroReal Inv Grp Inc.
Listing updated: May 21, 2026 at 11:57pm.
Last checked: Jun 5, 2026 at 09:00am
Source: CRMLS #TR26111339
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,550 | $0 | $1,600 | Unfurnished |
| 9 | 1 | 1 | — | $1,947 | $0 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $2,670 | $0 | $2,700 | Unfurnished |
| 12 | 2 | 2 | — | $2,346 | $0 | $2,700 | Unfurnished |
| 1 | 4 | 3 | — | $3,450 | $0 | $3,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 24
Separate Electric Meters: 25
Separate Gas Meters: 25
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Cap Rate
5.76%
NOI / List Price
Gross Scheduled Income: $0
Operating Expense: $0
Net Operating Income: $418,981
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: Gated
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Pool: Community, Fenced
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8429031016
Additional Parcels: No
Tax Lot: 5
Community
Senior Community: No
Community Features: Valley, Pool
Nearby Schools
Nearby schools around the 826 N Barranca, Covina, CA 91723. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,824,000
Total Interest
$7,428,191
Total Payment
$13,252,191
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$44,545
per month
Property History for 826 N Barranca
Covina Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91723.
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