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228-238 E Rowland St 6,748 SF 40% Leased Retail Building Covina, CA 91723 $2,500,000 ($370.48/SF)
Investment Highlights
- Large Rear Parking Lot - ±30 Spaces
- Office/Retail Uses
- Close Proximity to I-10 Freeway
- Owner User/ Investment Opportunity
Executive Summary
Located at 228–238 E. Rowland Street in Covina, CA, this 6,748 SF single-story multi-tenant retail property offers an excellent owner-user or investment opportunity with five individual units and strong street frontage. The building supports a mix of office and retail uses and includes a large rear parking lot with approximately 30 spaces, providing ample convenience for tenants and customers. Positioned near the I-10 Freeway, Shoppers Lane, and the Eastland Shopping Center, the property benefits from high visibility and easy access within a well-trafficked commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,748 SF
Building Class
C
Year Built
1954
Price
$2,500,000
Price Per SF
$370.48
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.42 AC
Zoning
C3AY
Parking
30 Spaces (4.45 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 228
- 1,350 SF
- Retail
- -
- Now
- 230
- 2,700 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 228 | 1,350 SF | Retail | - | Now |
| 230 | 2,700 SF | Retail | - | Now |
228
| Size |
| 1,350 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
230
| Size |
| 2,700 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $762,497 | |
| Land Assessment | $928,465 | Total Assessment | $1,690,962 |
Property Taxes
Parcel Numbers
Land Assessment
$928,465
Improvements Assessment
$762,497
Total Assessment
$1,690,962
Contacts
-
Todd Launchbaugh -
Trent Howland -
Matthew Rodriguez -
Lee & Associates Commercial Real Estate Services
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Photos
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228-238 E Rowland St
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