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610 N Azusa and 1809 Danes Dr 1809 E Danes Dr 4,383 SF Retail Building West Covina, CA 91791 $1,950,000 ($444.90/SF)
INVESTMENT HIGHLIGHTS
- Strategically located on a hard corner with tremendous traffic count.
- One of the busiest intersections, excellent access, frontage and visibility
- Flexible lease term, tenants are on month to month lease
- Located in a busy retail area, surrounded by national retail brand including Food 4 Less, Home Depot, Stater Bros Markets, Walmart and many others
- Freestanding building with two separate properties and two separate parcel number
- Large lot size, approximately 19,741 sqft
EXECUTIVE SUMMARY
Two separate properties with two separate parcel number, included three freestanding buildings sell together for one price at $1,950,000. One of the building (600-610 N.Azusa Ave, West Covina) is a commercial retail Strip Mall, corner location. High visibility, ±50,000 cars per day on Azusa Ave, 4 units retail, 3048 sqt. Lot size 9817 sqft, APN#8443-017-016. Included other building next to it on 1809 E. Danes Dr, West Covina, SFR in a neighborhood commercial zoning, per city of West Covina, 1336 sqft. Lot size 9924 sqft, APN#8443-017-015. Plenty of parking spaces. Total 4384 sqft and total lot size 19,741 sqft for both properties. Great investment opportunity, own your own business and rent the others for rental income, or rent everything! Also good for developer/builder and has great potential!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,383 SF
Building Class
C
Year Built
1962
Price
$1,950,000
Price Per SF
$444.90
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.45 AC
Zoning
WCCN*
Parking
20 Spaces (4.56 Spaces per 1,000 SF Leased)
Frontage
71’ on E Danes Dr
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $259,782 | |
| Land Assessment | $1,980,849 | Total Assessment | $2,240,631 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,980,849
Improvements Assessment
$259,782
Total Assessment
$2,240,631
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610 N Azusa and 1809 Danes Dr | 1809 E Danes Dr
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