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Listed by Griffin Wright • RENKEN COMPANY
$ 3,188,000
Est. payment /mo
Price Dropped by $2K
Covina, CA 91723
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-25157468
Year Built 1970
Property Sub-Type Office
Source California Regional Multiple Listing Service (CRMLS)
Property Description
DOWNTOWN COVINA OFFICE BUILDING FOR SALE
**DO NOT DISTURB TENANTS**
List Price: $3,188,000
Building Size: 16,372 SF ($195 PSF)
Lot Size: 17,315 SF + 8,347 SF Parking Lot (adjacent, off-site parking lot included in sale)
Occupancy: 96.5% Leased
Pro Forma NOI*: $196,515 (*All tenants at market rents and Property Tax reassessed at List Price)
CAP Rate: 6.2%
- Two Story Multi-Tenant Office Building with 21 On-Site Parking Spaces + 30 Off-Site Parking Spaces
- Sale Includes a parking lot parcel across Citrus Avenue with 30 additional parking spaces for a total parking ratio of 3.1/1,000.
- Building APN: 8445-010-019; Parking Lot APN: 8444-001-002
- Parking lot sealed and striped July 2025
**DO NOT DISTURB TENANTS**
List Price: $3,188,000
Building Size: 16,372 SF ($195 PSF)
Lot Size: 17,315 SF + 8,347 SF Parking Lot (adjacent, off-site parking lot included in sale)
Occupancy: 96.5% Leased
Pro Forma NOI*: $196,515 (*All tenants at market rents and Property Tax reassessed at List Price)
CAP Rate: 6.2%
- Two Story Multi-Tenant Office Building with 21 On-Site Parking Spaces + 30 Off-Site Parking Spaces
- Sale Includes a parking lot parcel across Citrus Avenue with 30 additional parking spaces for a total parking ratio of 3.1/1,000.
- Building APN: 8445-010-019; Parking Lot APN: 8444-001-002
- Parking lot sealed and striped July 2025
Location
State CA
County Los Angeles
Area 614 - Covina
Interior
Laundry None
Building
Lot Description Rectangular Lot, Corner Lot