19550 E Cienega Avenue, Covina, CA 91724
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
19550 E Cienega Avenue,Covina, CA 91724
$22,500,000
- - Beds
- - Baths
- 65,688 sq. ft.
- Multi-family
- Active
Listed by: kevin lutz, kevin hurley
Office: keller williams realty/pasadena626-204-3300
MLS#:WS26194584
Source:CRMLS
Price summary
- Price:$22,500,000
- Price per sq. ft.:$342.53
About this home
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 B’s 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....
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Home facts
- Year built:1988
- Listing ID #:WS26194584
- Added:16 day(s) ago
- Updated:September 25, 2026 at 11:29 AM
Rooms and interior
- Living area:65,688 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1988
- Building area:65,688 sq. ft.
- Lot area:3.35 Acres
- Lot Features:Street Level
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$22,500,000
- Price per sq. ft.:$342.53
- Tax amount:$254,703
Features and amenities
- Pool features:Community
Parking
- Total parking spaces:177
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