Covina Homes with Mixed Use Subtype

Covina Homes with Mixed Use Subtype

Welcome to Covina, California, a vibrant city nestled in the heart of Los Angeles County, where suburban charm meets urban convenience. Known for its welcoming atmosphere and rich community spirit, Covina boasts a delightful blend of residential neighborhoods, beautiful parks, and a thriving downtown area. With its prime location, just a short drive from the bustling city of Los Angeles, residents enjoy easy access to world-class dining, shopping, and entertainment while still relishing the tranquility of suburban life.

One of the most appealing aspects of Covina is its diverse real estate market, particularly the availability of homes with a mixed-use subtype. These unique properties offer the perfect opportunity for those looking to blend residential living with commercial potential. Imagine living in a beautifully designed home while running your business just steps away! This flexibility is ideal for entrepreneurs, artists, and families seeking to create a work-life balance without the hassle of long commutes.

Covina's mixed-use properties are strategically located, providing easy access to major thoroughfares and public transportation, making it convenient for both residents and customers. The city is also home to a variety of amenities, including parks, schools, and cultural attractions, ensuring that everything you need is nearby.

Whether you’re looking to invest in a charming mixed-use property or simply want to explore the vibrant community of Covina, you’ll find a welcoming environment that celebrates both its rich history and its bright future. Come discover the unique lifestyle that awaits you in Covina!

Newest Covina Homes with Mixed Use Subtype

$2,250,000
OC26194395 MLS ⋅ Active Status
RARE DEVELOPMENT & INVESTMENT OPPORTUNITY along the Arrow Highway corridor in unincorporated Los Angeles County. This approximately 0.30-acre property offers prominent Arrow Highway frontage and potential long-term redevelopment and assemblage value. The property is currently improved with an existing residence, providing potential interim use while an investor or developer evaluates future opportunities. The surrounding area is experiencing substantial residential development, including larger apartment and townhome projects. Nearby multifamily/development property has also been marketed in the $4 million+ range as of the time of this listing, further highlighting investor and developer activity in the immediate area. POTENTIAL ASSEMBLAGE OPPORTUNITY — the property's location adjacent to other parcels may create additional value to a developer seeking to assemble a larger development site. Los Angeles County planning documents have also identified this parcel and neighboring properties for higher-density housing planning, adding to the long-term redevelopment potential of this Arrow Highway corridor. Excellent opportunity for developers, builders, investors and land buyers seeking a strategically located parcel in the San Gabriel Valley. Buyer and buyer's agent to independently investigate and verify zoning, permitted uses, density, development potential, assemblage opportunities, access, utilities, entitlement requirements and all other matters with Los Angeles County and applicable governmental agencies. Seller and listing agent make no representations or guarantees regarding future development, density, entitlements or the feasibility of any proposed project. No showings. Drive by offers only. https://www.hcd.ca.gov/housing-elements/docs/los-angeles-co-6th-draft060721.pdf (page 327 at the time of this listing)

21312 E Arrow, Covina
$7,280,000
TR26111339 MLS ⋅ Active Status
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.

826 N Barranca, Covina
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.