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    Multi-Tenant Investment Portfolio For Sale Title is generated by Realmo AI

    710-724 E San Bernardino Rd Portfolio, Covina, CA

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    Multi-tenant property with auto repair and warehouse/retail tenants.

    Type:INDUSTRIAL
    Property size:
    16,773 SF
    Lot size:
    1.58 Acres
    Price / SF:
    $351/SF
    Added:
    Mar 17, 2025
    Days on Market:
    455
    Last Refresh:
    May 20 at 8:19 pm

    Property Features for 710-724 E San Bernardino Rd Portfolio

    General Information

    Standard status
    Active
    Size
    16,773 SF
    Lot size
    1.58 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Jay Park

    Listing agent Jay Park

    Listing office City Commercial Properties

    Listing date Mar 17, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of City Commercial Properties

    HighLights

    • Leased to tenants for auto repair and warehouse/retail use, providing immediate income.
    • Located on a busy street in a prominent location, ensuring high visibility and accessibility.
    • Recent remodeling in 2024‑25 including new roofing and metal fencing.
    • Ample parking available for both units.
    • Each tenant has their own entrance and lot.
    • Includes office build‑out and new office HVAC unit in one unit.

    Overview

    This investment portfolio is located on a busy street in a prominent location. The property consists of two units: Unit 710, which is approximately 7,053 square feet and leased for auto repair use with an auto repair bay; and Unit 724, which is approximately 9,720 square feet with a large parking lot and leased for warehouse and retail use. Each tenant has its own entrance and lot, and there is ample parking available. Both units have grade-level doors. Remodeling is planned for 2024-2025, including a new roof and metal fencing. Unit 724 has a built-out office, a new office HVAC unit, and new exterior paint.

    Local Financial Insights For Retail

    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 $567.6k $33.84
    − Vacancy −$37.5k −$2.23
    EGI $530.1k $31.61
    − OpEx −$159.0k −$9.48
    NOI $371.1k $22.12
    16,773 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $5.30M
    $4.64M – $6.18M (±1% cap)
    NOI $371,096 @ 7.0% cap · market cap 6.29%
    Second Best
    Warehouse
    $3.12M
    $2.73M – $3.64M (±1% cap)
    NOI $218,249 @ 7.0% cap · market cap 3.70%
    Theoretical Best
    Office A
    $8.98M
    $7.86M – $10.48M (±1% cap)
    NOI $628,614 @ 7.0% cap · market cap 10.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Cameron Properties — 973 E Badillo St, Covina, CA 91724
    • Personal Units 4U — 113 N Citrus Ave, Covina, CA 91723
    • Vinny’s Garage — 753 E Edna Pl, Covina, CA 91723
    • Los Angeles Warehouse — 804 E Edna Pl, Covina, CA 91723

    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.876
    Latitude
    34.0907

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant property with auto repair and warehouse/retail tenants.
    Where is this warehouse located?
    The property is located at 710-724 E San Bernardino Rd Portfolio Covina, CA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: Leased to tenants for auto repair and warehouse/retail use, providing immediate income.; Located on a busy street in a prominent location, ensuring **high visibility and accessibility**.; Recent remodeling in 2024‑25 including **new roofing and metal fencing**.
    (323) 985-6400 Call to check price and availability
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