Covina Homes with Mixed Use Subtype

Welcome to Covina, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich history and welcoming community, Covina offers a unique blend of suburban charm and urban convenience. With its tree-lined streets, friendly neighborhoods, and a variety of local amenities, it’s no wonder that residents love calling this place home.

One of the standout features of Covina is its diverse real estate landscape, particularly the availability of homes with a mixed-use subtype. These properties are perfect for those looking to combine residential living with commercial opportunities. Imagine living in a beautifully designed home while having the convenience of a retail space or office right at your doorstep! This innovative approach to real estate not only maximizes space but also allows for a vibrant lifestyle where work and home life seamlessly intertwine.

Covina is also a hub for outdoor enthusiasts, boasting numerous parks and recreational areas, including the picturesque Covina Park and the scenic Walnut Creek Nature Park. With easy access to major highways, residents can enjoy a quick commute to downtown Los Angeles while still savoring the tranquility of suburban life.

Whether you're looking to invest in a mixed-use property or simply want to explore the charming neighborhoods of Covina, this city promises a lifestyle that is both dynamic and fulfilling. Come discover the endless possibilities that await you in Covina, where your dream home and business can thrive side by side!

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.