Mixed-Use Retail
156-160 West Badillo Street Covina, CA 91723
156-160 West Badillo Street, Covina, CA, 91723
$1,350,000
Pending
For Sale
$1,350,000
Pending
Stucco retail building with fire sprinklers and on-site parking, currently occupied and positioned on W Badillo Street.
Property Size4,330 SF
Lot Size0.23 Acres
Days on Market190
Property Features for 156-160 West Badillo Street
General Information
- Standard status
- Pending
- Size
- 4,330 SF
- Lot size
- 0.23 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1963
Listing agency
eXp Realty of Greater Los Angeles
(888) 652-1314
Listed by
Daryl Owen · License #01727084
(888) 652-1314
Source
Compass
Added: Jan 12 Updated: Jul 21 at 4:13AM Checked: Jul 21 at 4:13AM
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 eXp Realty of Greater Los Angeles
Investment Insights
Based on property information with market context.
A well-located mixed-use commercial property featuring stucco construction and a rolled hot mop roof. The building is approximately 4,330 square feet and sits on a 10,065 square foot lot. It is currently occupied, providing in-place income. Additional improvements include a fire sprinkler system and on-site parking.
The property has strong frontage along W Badillo Street and is positioned in the heart of Covina, with proximity to transit and neighborhood amenities.
This offering combines existing occupancy with supporting site and building features, including parking and fire sprinklers.
The property has strong frontage along W Badillo Street and is positioned in the heart of Covina, with proximity to transit and neighborhood amenities.
This offering combines existing occupancy with supporting site and building features, including parking and fire sprinklers.
Key Highlights
- 4,330 SF mixed‑use commercial building on a 10,065 SF lot, currently occupied for in‑place income
- Stucco construction with a rolled hot mop roof
- Fire sprinkler system included
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 | $146.5k | $33.84 |
| − Vacancy | −$9.7k | −$2.23 |
| EGI | $136.9k | $31.61 |
| − OpEx | −$41.1k | −$9.48 |
| NOI | $95.8k | $22.12 |
4,330 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.37M
$1.20M – $1.60M
NOI $95,799 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,279 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Jumanji Jon Plants — 932 N Starcrest Dr, Covina, CA 91722
- Citrus Valley Florist — 143 S Citrus Ave, Covina, CA 91723
- Flower Delivery Covina — 221 N Citrus Ave, Covina, CA 91723
- Flower Delivery In Covina — 219 n citrus ave, covina, ca 91723
FAQs
What type of property is this?
Storefront property - Stucco retail building with fire sprinklers and on-site parking, currently occupied and positioned on W Badillo Street.
Where is this storefront property located?
The property is located at 156-160 West Badillo Street Covina, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 4,330 SF mixed‑use commercial building on a 10,065 SF lot, currently occupied for in‑place income; Stucco construction with a rolled hot mop roof; Fire sprinkler system included