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    Remodeled Freestanding Building on San Bernardino Title is generated by Realmo AI

    578 E San Bernardino Road, Covina, CA 91722

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    For Sale
    $899,000

    Remodeled commercial building suitable for retail, restaurant, office, or medical.

    Property size:
    2,967 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $302/SF
    Added:
    Mar 28, 2025
    Days on Market:
    443
    Last Refresh:
    Jan 20 at 9:02 am

    Property Features for 578 E San Bernardino Road

    General Information

    Standard status
    Active
    Size
    2,967 SF
    Lot size
    0.20 Acres

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    Listing Contact
    Linda Vidov
    Linda Vidov

    Listing agent Linda Vidov License #01715788

    Listing office Top Commercial Realty, Inc

    Listing date Mar 28, 2025

    Source Exprealty

    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 Top Commercial Realty, Inc

    HighLights

    • Fully remodeled in 2017 with new HVAC, plumbing, electrical, lighting, flooring, paint and fixtures.
    • Versatile zoning allows for retail, restaurant, office, medical, and other uses.
    • Potential for two‑tenant occupancy with existing second entrance.
    • Located on highly trafficked San Bernardino Road near Downtown Covina and the 10 freeway.
    • Features a flexible layout with a front office area, conference room, private offices, kitchenette, and a large flex space/garage.
    • Includes 12 rear parking spaces with alley access.

    Overview

    This is a free-standing, fully remodeled 2,967 square foot building situated on approximately 8,747 square feet of land. The property features a front office area with a large open working area, a conference room, two private offices, a kitchenette, two ADA compliant restrooms, and a storage area. The back portion of the building has a large room that could be opened up, a large flex space currently used as a garage, and a walk-in refrigerator. Remodeled in 2017, the building includes new HVAC, plumbing, electrical, lighting, flooring, paint, and all new fixtures throughout. Currently used as one unit by an owner/user, the building will be vacated at the close of escrow. Previously a two-tenant building, the second entrance door remains, allowing it to be restored to two units. A rear parking area provides 12 spaces, and there is alley access. The zoning allows for retail, restaurant, office, medical, and other ancillary uses. Located along highly trafficked San Bernardino Road between Grand and Barranca, the property is less than one mile from Downtown Covina restaurants and shopping and has close access to the 10 freeway.

    Local Financial Insights For Specialty 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 $100.4k $33.84
    − Vacancy −$6.6k −$2.23
    EGI $93.8k $31.61
    − OpEx −$23.4k −$7.90
    NOI $70.3k $23.70
    2,967 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.00M
    $879.2K – $1.17M (±1% cap)
    NOI $70,332 @ 7.0% cap · market cap 7.82%
    Second Best
    Retail
    $937.8K
    $820.6K – $1.09M (±1% cap)
    NOI $65,644 @ 7.0% cap · market cap 7.30%
    Theoretical Best
    Office A
    $1.59M
    $1.39M – $1.85M (±1% cap)
    NOI $111,196 @ 7.0% cap · market cap 12.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Malinow and Silverman Mortuary Social Service Agency

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.879
    Latitude
    34.0906

    FAQs

    What type of property is this?
    Flex space - Remodeled commercial building suitable for retail, restaurant, office, or medical.
    Where is this flex space located?
    The property is located at 578 E San Bernardino Road Covina, CA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Fully remodeled in 2017 with new HVAC, plumbing, electrical, lighting, flooring, paint and fixtures.; Versatile zoning allows for retail, restaurant, office, medical, and other uses.; Potential for two‑tenant occupancy with existing second entrance.
    More about this property
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