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1051 Citrus Avenue, Covina, CA 91722
Priced at Only: $1,850,000
For more Information Call Mobile: 714.478.6676
Address: 1051 Citrus Avenue, Covina, CA 91722
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  • MLS#: CV24196170 ( Mixed Use )
  • Street Address: 1051 Citrus Avenue
  • Viewed: 2
  • Price: $1,850,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: LOS ANGELES
  • City: Covina
  • Zipcode: 91722
  • Provided by: RE/MAX MASTERS REALTY
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime Office & Retail Building for Sale A Premium Investment Opportunity Located in a high traffic area, this versatile office and retail building offers an exceptional investment opportunity for buyers seeking a dynamic and profitable property. The building spans multiple levels, providing ample space for both retail and office use. Upper floors include modern office spaces with flexible layouts, suitable for single or multi tenant use. Each office features high ceilings, large windows, and abundant natural light, fostering a productive work environment. On site parking with 14 spaces available, including dedicated spots for both retail customers and office tenants. Situated in a bustling area with high visibility, the building is easily accessible via major highways and public transportation. The surrounding area boasts high foot traffic, a mix of residential, commercial, and leisure destinations, ensuring constant visibility and business flow. Multi tenant rental income from both office and retail spaces. Strong demand for retail and office properties in this highly sought after area with potential for long term capital appreciation. Whether youre looking to expand your portfolio, or invest in a prime location that offers both retail and office tenants, this property offers everything you need for a successful venture.
Features
Assetclass
  1. Office
  2. Specialty
Building Area Total
  1. 4094.00
Building Expenses
  1. 1433.00
Commoninterest
  1. None
Construction Materials
  1. Frame
  2. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Current Financing
  1. None
Current Use
  1. Commercial
Electric
  1. Standard
Fencing
  1. Block
Heating
  1. Wall Furnace
Insurance Expense
  1. 5906.00
Land Use
  1. Office
  2. Retail
Laundry Features
  1. Gas Dryer Hookup
  2. Inside
  3. See Remarks
  4. Washer Hookup
Netoperatingincome
  1. 63490.00
Otherexpense
  1. 1800.00
Parcel Number
  1. 8421026024
Professionalmanagementexpense
  1. 11125.00
Property Type
  1. Mixed Use
Residentmanagerexpense
  1. 1200.00
Roof
  1. Composition
  2. Flat
  3. Mansard
  4. Tar/Gravel
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Signage
  1. Sign Freestanding
Suppliesexpense
  1. 3000.00
Totalexpenses
  1. 41570.00
Totalmonthlyrent
  1. 8755
Trash Expense
  1. 2426.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Water Sewer Expense
  1. 1613.00
Water Source
  1. Public
Year Built
  1. 1927
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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