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2889 E Valley Blvd
West Covina, CA 91792
Valley Covina Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,754 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.45
Lot Size
0.45 AC
Zoning
WCC3
Parking
32 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
133’ on E Valley Blvd

AMENITIES

  • Bus Line
  • Signalized Intersection

ABOUT 2889 E VALLEY BLVD , WEST COVINA, CA 91792

The Valley Covina Center is a free standing, shopping center located on the signalized northwest corner of Valley Boulevard and Sentous Avenue in the City of West Covina. Valley Covina Center neighbors a 7-Eleven and within close proximity to several residential units, industrial buildings,Tasty Express, and McDonald's. The property owner recently invested $300,000 in a newly completed state of the art laundromat with new machines, flooring, and much more. Due to the rich residential demand, the new owner will see double digit sale increase. With minimal vacancies remaining, the property allows to hedge against market rents with the property' s tenants being on modified gross. The new owner can renegotiate and convert these leases to triple net. It will allow a substantial increase on return within the next five years; owner has opportunity to unlock great intrinsic value because of location within the San Gabriel Valley mixed with increasing occupancy demand. *Seller Financing Available: Inquire with Listing Agents For More Information The location of the Valley Covina Center is less than half a mile away from Highway 60. There are more than 300,000 people whom reside within a five mile radius with an average household income of $94,000. Traffic count on the corner of Valley Boulevard and Sentous Avenue are 35,000 vehicles per day.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8725-017-015
Land Assessment
$2,040,000
Improvements Assessment
$2,244,000
Total Assessment
$4,284,000
  • Listing ID: 5681528

  • Date on Market: 1/30/2017

  • Last Updated:

  • Address: 2889 E Valley Blvd, West Covina, CA 91792

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