For Sale
West Covina, CA
Commercial Real Estate Market Trends & Data
$408
Avg asking sale price
$24
Avg asking lease rate
10,947 SF
Avg unit lease size
23,765 SF
Avg building size for sale
5.12%
Average cap rate
West Covina's Demographic Profile
West Covina has 31,052 households and a median income of $94,001, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 102,482 |
| # Households | 31,052 |
| Median age | 40 |
| Median household income | $94,001 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 12,318 |
| 5-year population change | -4% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near West Covina, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Covina | $462 | 13,197 SF | 6.97% |
| City Of Industry | $402 | 11,510 SF | 6.81% |
| Covina | $419 | 13,826 SF | 6.72% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Covina | $390 | 27,045 SF | 6.68% |
| City Of Industry | $364 | 34,206 SF | 6.68% |
| Covina | $396 | 17,366 SF | 6.25% |
| Walnut | $750 | 27,251 SF | 7.50% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| West Covina | $474 | 16,294 SF |
| City Of Industry | $657 | 22,889 SF |
| La Puente | $359 | 21,124 SF |
| Covina | $389 | 11,518 SF |
| Walnut | $816 | 3,151 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Covina | $305 | 24,006 SF | 6.53% |
| City Of Industry | $360 | 21,229 SF | 5.74% |
| La Puente | $291 | 8,864 SF | 4.77% |
| Covina | $286 | 18,059 SF | 5.92% |
| Baldwin Park | $370 | 16,919 SF | 6.53% |
Commercial Properties For Sale in West Covina
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether West Covina pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| West Covina | $408 | 23,765 SF |
| City Of Industry | $478 | 30,017 SF |
| La Puente | $360 | 29,444 SF |
| Covina | $562 | 16,520 SF |
| Walnut | $714 | 22,385 SF |
Regional Demographic Comparison
This comparison places West Covina alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in West Covina or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| West Covina | 102,482 | 31,052 | 40 | $94,001 | 3 | 12,318 | -4% |
| City Of Industry | 182 | 52 | 40 | $110,000 | 3 | 35 | -4% |
| La Puente | 35,734 | 9,067 | 38 | $76,125 | 4 | 3,790 | -4% |
| Covina | 48,511 | 15,805 | 40 | $86,739 | 3 | 6,957 | -4% |
| Walnut | 26,789 | 8,274 | 47 | $125,432 | 3 | 1,401 | -4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in West Covina, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in West Covina
View All Commercial Real Estate For Sale in West Covina
Is West Covina a good market for a first-time commercial real estate investor?
West Covina offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in West Covina?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in West Covina. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in West Covina?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for West Covina. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does West Covina compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to West Covina. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for West Covina acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in West Covina, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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