Remodeled Flex/Office
For Sale
$899,000
578 580 E San Bernardino Road, Covina, CA 91722
Fully remodeled building with front office, adaptable back flex/garage area, and rear parking with alley access.
Property Size2,967 SF
Lot Size0.20 Acres
Price / SF$302
Days on Market495
Property Features for 578 580 E San Bernardino Road
General Information
Standard status
Active
Size
2,967 SF
Total Parking Spaces
12
Lot size
0.20 Acres
Property subtype
Commercial/Industrial
Additional Details
Highway Access
Yes
Building Details
Year Built
1965
Year Renovated
2017
Tenancy
Multi
Listing Agency:
Top Commercial Realty, Inc
(626) 399-3715
Listed By:
Linda Vidov · License #01715788
(626) 399-3715
Source:
Exitrealty
Added: Mar 29, 2025
Changed: Jul 10
Last Checked: Aug 1 at 11:39AM
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
Investment Insights
Based on property information with market context.
This free-standing, fully remodeled building totals 2,967 SF on approximately 8,747 SF of land. The front office area is designed for practical day-to-day operations, with a large open working area, conference room, two private offices, a kitchenette, two ADA-compliant restrooms, and a storage area. The back portion includes a large room that could be opened up, a flex space currently used as a garage, and a walk-in refrigerator. The building was completely remodeled in 2017 with new HVAC, plumbing, electrical, lighting, flooring, paint, and fixtures throughout. It is currently configured as one unit by an owner/user and will be vacated at close of escrow; the property was previously split into two tenants and a second entrance door remains, allowing the space to be restored to two units.
Located along highly trafficked San Bernardino Road between Grand and Barranca, the property benefits from visibility and easy regional access. It is less than one mile from Downtown Covina restaurants and shopping, with close access to the 10 freeway. A rear parking area provides 12 spaces, and the property includes alley access.
The zoning supports a range of uses, including retail, restaurant, office, medical, and other ancillary options. With its front office layout and adaptable rear flex/garage configuration, this property is well suited for an owner/user seeking a turn-key space, or for buyers considering a potential two-tenant setup using the existing second entrance door.
Located along highly trafficked San Bernardino Road between Grand and Barranca, the property benefits from visibility and easy regional access. It is less than one mile from Downtown Covina restaurants and shopping, with close access to the 10 freeway. A rear parking area provides 12 spaces, and the property includes alley access.
The zoning supports a range of uses, including retail, restaurant, office, medical, and other ancillary options. With its front office layout and adaptable rear flex/garage configuration, this property is well suited for an owner/user seeking a turn-key space, or for buyers considering a potential two-tenant setup using the existing second entrance door.
Key Highlights
- Fully remodeled 2,967 SF free‑standing building on approx. 8,747 SF lot (remodeled in 2017)
- 2017 upgrades include new HVAC, plumbing, electrical, lighting, flooring, paint, and new fixtures throughout
- Front office layout with large open working area, conference room, two private offices, kitchenette, and storage
Financial Insights For Office B
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 | $113.9k | $38.40 |
| − Vacancy | −$27.5k | −$9.25 |
| EGI | $86.5k | $29.15 |
| − OpEx | −$21.6k | −$7.29 |
| NOI | $64.9k | $21.86 |
2,967 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$926.5K
$810.7K – $1.08M
NOI $64,856 @ 7.0% cap · market cap 7.21%
Second Best
Industrial
$495.3K
$433.4K – $577.9K
NOI $34,673 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,196 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,559
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91722, CA
36,111
Population
10,340
Households
3.5
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
4.1 sq mi
ZIP Area
8,808
Density / Sq Mi
$98,033
Median Household Income
$39,738
Median Earnings
$2,039
Median Rent
$626,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SoCal Sizzle Taco Catering — 599 S Barranca Ave #211, Covina, CA 91723
- Pane e Vino — 143 N Citrus Ave, Covina, CA 91723
Frequently Asked Questions
What type of property is this?
Flex space - Fully remodeled building with front office, adaptable back flex/garage area, and rear parking with alley access.
Where is this flex space located?
The property is located at 578 580 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 2,967 SF free‑standing building on approx. 8,747 SF lot (remodeled in 2017); 2017 upgrades include new HVAC, plumbing, electrical, lighting, flooring, paint, and new fixtures throughout; Front office layout with large open working area, conference room, two private offices, kitchenette, and storage
