Covina (614) 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, diverse community, and a perfect blend of suburban charm and urban convenience. With a population of over 50,000, Covina offers a lively atmosphere with a variety of amenities, parks, and recreational facilities, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Covina is its mixed-use properties, which provide a unique opportunity for homeowners and investors. Homes with a mixed-use subtype allow residents to enjoy the convenience of living and working in the same space. Imagine waking up in your beautifully designed home, then heading downstairs to your own cafe or boutique, all while being just minutes away from the bustling downtown area. This flexibility not only fosters a sense of community but also opens up new avenues for entrepreneurship.

Covina’s mixed-use neighborhoods are strategically located near major transportation routes, making commuting to Los Angeles and surrounding areas a breeze. The city boasts a rich tapestry of cultural influences, showcased in its diverse dining options, shopping experiences, and community events. Whether you're strolling through the historic downtown district or enjoying a weekend at one of the local parks, Covina has something for everyone.

With its appealing real estate market, particularly in mixed-use properties, Covina is a place where dreams can flourish, blending the comforts of home with the excitement of business. Come discover the endless possibilities that await you in Covina!

Newest Covina (614) 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.