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    Two-Building Commercial Property in Azusa Title is generated by Realmo AI

    748 N Mckeever Avenue, Azusa, CA 91702

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    Claim this Listing
    For Sale
    $6,888,888

    Commercial Sale - Azusa, CA

    Property size:
    26,697 SF
    Price / SF:
    $258/SF
    Added:
    Jul 24, 2024
    Days on Market:
    695
    Last Refresh:
    Jun 18 at 5:06 am

    Property Features for 748 N Mckeever Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    AZM1M2
    Standard status
    Active
    APN
    8605003058
    Size
    26,697 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Architectural style
    Other

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    Listing Contact
    Roxanne Lopez

    Listing agent Roxanne Lopez License #01981366

    Listing office KALEO REAL ESTATE COMPANY 158 N. Glendora Avenue #M, La Verne, CA

    Listing date Jul 24, 2024

    MLS# CV24152109 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two buildings totaling over 26,000 sq ft on over one acre.
    • Virtually no columns and unobstructed space.
    • New ASTEC Fluid‑Applied Re‑Ply Cool Roof System.
    • Ceiling clearance of 24‑28 feet with multiple roll‑up doors.
    • Unique container interior offices and shipping container storage.
    • Upgraded electrical (400 AMP), new asphalt driveway & parking, new paint, new wrought iron fencing.

    Overview

    This commercial property features two separate buildings totaling over 26,000 square feet, situated on over one acre. The buildings offer virtually no columns, providing unobstructed use of space. The property has been maintained to perfection and includes upgrades such as a new ASTEC Fluid-Applied Re-Ply Cool Roof System, new doors and windows, upgraded electrical systems, and a new asphalt driveway and parking area. It features 400 AMP electricity and new paint on both buildings. The rear concrete building includes unique container interior offices with a one-of-a-kind aesthetic and shipping container storage at the rear exterior. The front offices are located in front of the metal building. Both buildings have a ceiling clearance of 24-28 feet and multiple roll-up doors. A security system is included. New wrought iron fencing is installed in front of the property. The property is close to major freeways, gas stations, food establishments, and retail locations. The property is zoned AZM1M2 and is located in Azusa, California.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $429.3k $16.08
    − Vacancy −$20.6k −$0.77
    EGI $408.7k $15.31
    − OpEx −$61.3k −$2.30
    NOI $347.4k $13.01
    26,697 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.96M
    $4.34M – $5.79M (±1% cap)
    NOI $347,380 @ 7.0% cap · market cap 5.04%
    Second Best
    Industrial
    $4.46M
    $3.90M – $5.20M (±1% cap)
    NOI $311,983 @ 7.0% cap · market cap 4.53%
    Theoretical Best
    Office A
    $14.29M
    $12.51M – $16.68M (±1% cap)
    NOI $1,000,543 @ 7.0% cap · market cap 14.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Big Box & Wholesale Store Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Personal Units 4U — 325 N Azusa Ave, Azusa, CA 91702
    • Azuka Storage Facility — 402 N Azusa Ave, Azusa, CA 91702
    • Price Self Storage — 1110 W Foothill Blvd, Azusa, CA 91702
    • Extra Space Storage — 900 W Foothill Blvd, Azusa, CA 91702

    Location Insight

    • Map
    • Local Demand
    City
    Azusa
    County
    Los Angeles
    State
    California
    Longitude
    -117.916
    Latitude
    34.1312

    FAQs

    What type of property is this?
    Warehouse - Two buildings totaling over 26,000 SF on over one acre.
    Where is this warehouse located?
    The property is located at 748 N Mckeever Avenue Azusa, CA.
    What is the asking price?
    The asking price for this property is $6,888,888.
    What are key features of this property?
    This property features: Two buildings totaling over 26,000 sq ft on over one acre.; Virtually no columns and unobstructed space.; New ASTEC Fluid‑Applied Re‑Ply Cool Roof System.
    More about this property
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