19550 E Cienega Avenue, Covina, CA 91724
Local realty services provided by:ERA North Orange County Real Estate
19550 E Cienega Avenue,Covina, CA 91724
$22,500,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kevin lutz, kevin hurley
Office: keller williams realty/pasadena
MLS#:WS26194584
Source:San Diego MLS via CRMLS
Price summary
- Price:$22,500,000
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 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....
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Home facts
- Year built:2377
- Listing ID #:WS26194584
- Added:21 day(s) ago
- Updated:September 30, 2026 at 02:33 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Year built:2377
- Levels:2 Story
Finances and disclosures
- Price:$22,500,000
Features and amenities
- Pool features:Community/Common
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