19550 E Cienega Avenue, Covina, CA 91724
19550 E Cienega Avenue, Covina, CA 91724
19550 E Cienega Avenue, Covina, CA 91724
26
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$22,500,000
Est. payment /mo
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5 Beds
4 Baths
3.35 Acres Lot
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19550 E Cienega Avenue Covina, CA 91724

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26194584

Bedrooms 5

Lot Size 3.353 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Villa Christina Apartments is a well-maintained, resort-style 78-unit multifamily community located in the Charter Oak neighborhood of Covina, in unincorporated Los Angeles County. Family owned and operated for 37 years, the property consists of four two-story buildings situated on 3.35 acres and offers a highly desirable mix of 49 two-bedroom/two-bath units and 29 three-bedroom/two-bath units. The community features a gated pool and spa, barbecue areas, ample on-site parking with 177 spaces, and a property-owned laundry facility. Approximately 68% of the units have received full interior upgrades,, or kitchen upgrades only, including stone countertops, custom cabinetry, and full appliance packages. Recent capital improvements include a comprehensive pool and spa renovation completed in 2024 and the replacement of Building Bs roof in 2026. The property is subject to the LA County Rent Stabilization Ordinance. There is the potential to add ADU's, buyer to further evaluate. Villa Christina presents a compelling value-add opportunity with 38% upside in current rents. Villa Christina offers a buyer a stabilized multifamily platform in the Charter Oak neighborhood of Covina with clear mark-to-market upside and long-term hold fundamentals.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction E Cienega Ave & Grand Ave

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 8404021047

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by KEVIN LUTZ, DRE#00925595 Keller Williams Realty/Pasadena 
Co-listed byKEVIN HURLEY • Keller Williams Realty/Pasadena

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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19550 E Cienega Avenue

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