19550 E Cienega Avenue, Covina, CA — listing photo 1
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FOR SALENew Listing

19550 E Cienega Avenue

Covina, CA 91724
146,057 Lot Sq Ft
Built 1988
$22,500,000

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1988
Lot size
3.35 acres
Parking
177 spaces
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Pool

  • Community

Lot

  • Street Level

Community, Schools & Utilities

Community

View
None
Annual property tax
$254,703

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

19550 E Cienega Avenue

Covina, CA 91724

Frequently Asked Questions About 19550 E Cienega Avenue

Property type: Residential Income

The current asking price is $22,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 19550 E Cienega Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1988. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Covina, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Covina property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: KEVIN LUTZ
MLS ID: W76708

Available property

$22,500,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.