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INVESTMENT HIGHLIGHTS
- Prime location near I-10 freeway and Eastland Shopping Center offers exceptional visibility and walkability for customer traffic.
- Directly across from a large public parking lot with ample street parking, ensuring convenience for employees and visitors.
- Flexible CVC3AY zoning supports a wide range of uses including office, retail, restaurant, or food service.
EXECUTIVE SUMMARY
Prime commercial opportunity in the heart of Covina. Currently built out as office space, this 2,280 sq. ft. building on a 3,547 sq. ft. lot offers excellent potential for a wide variety of uses. With CVC3AY zoning, the property is ideally suited for office, retail, restaurant, or other food service. The location is unbeatable-just blocks from the I-10 freeway, within walking distance to the Eastland Shopping Center, and surrounded by major auto dealerships. High visibility and easy accessibility make this a strong candidate for businesses seeking steady traffic flow. Ample street parking is available, and the property sits directly across from a large public parking lot, ensuring convenience for both employees and customers. Whether you're an investor or an owner-user, this versatile space provides an excellent opportunity to position your business in a thriving commercial corridor.(Buyer to cooperate with seller 1031 exchange.)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,280 SF
Building Class
C
Year Built
1954
Price
$898,000
Price Per SF
$393.86
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.65
Lot Size
0.08 AC
Zoning
CVC3AY - Commercial
Parking
4 Spaces (2.68 Spaces per 1,000 SF Leased)
Frontage
26’ on Shoppers Ln
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8451-002-023 | Improvements Assessment | $209,715 |
| Land Assessment | $423,894 | Total Assessment | $633,609 |
PROPERTY TAXES
Parcel Number
8451-002-023
Land Assessment
$423,894
Improvements Assessment
$209,715
Total Assessment
$633,609
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