Fenced Office Building with
2222 W Garvey Ave S, West Covina, CA 91790
For Sale
$1,299,000
Well-maintained office building offering 16 rooms, two restrooms, and gated on-site parking.
Property Size4,000 SF
Days on Market164
Property Features for 2222 W Garvey Ave S
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Fenced Yard
Building Details
Building Size
Year Built
Listing Agency:
JV REALTY CONSULTING GROUP
Listed By:
Juan Leyva · License CA #01122260
(626) 851-8849
Source:
Elliman
Added: Jun 4
Changed: Aug 14
Last Checked: Aug 8 at 8:38AM
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 JV REALTY CONSULTING GROUP
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Investment Insights
Based on property information with market context.
The property is an office building in excellent physical condition, arranged with 16 rooms and two bathrooms. The building is served by approximately 18 parking spaces and is fully fenced, with electric gate-controlled access for controlled entry.
The offering is described as located next to the 10 Freeway. Additional walk and bike scores indicate the area is somewhat walkable and somewhat bikeable.
This configuration can fit office users seeking a multi-room layout with dedicated parking and gated site access. The fenced setup may also support tenants that prefer controlled arrival and straightforward management of vehicle entry for staff and visitors.
The offering is described as located next to the 10 Freeway. Additional walk and bike scores indicate the area is somewhat walkable and somewhat bikeable.
This configuration can fit office users seeking a multi-room layout with dedicated parking and gated site access. The fenced setup may also support tenants that prefer controlled arrival and straightforward management of vehicle entry for staff and visitors.
Key Highlights
- Well‑maintained office building built in 1962
- 16 rooms with 2 baths
- Around 18 parking spaces on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,680
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,713,600
$1.7M
Cap Rate 7%
$1,224,000
$1.2M
Cap Rate 9%
$952,000
$952.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$134.4K $33.60/SF
− Vacancy
−$20.2K −$5.04/SF
EGI
$114.2K $28.56/SF
− OpEx
−$28.6K −$7.14/SF
NOI
$85.7K $21.42/SF
Area
West Covina, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,713,600
Cap Rate 7%
$1,224,000
Cap Rate 9%
$952,000
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.43M
NOI $85,680 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,240 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 91790, CA
46,364
Population
13,318
Households
3.5
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
5.8 sq mi
ZIP Area
7,994
Density / Sq Mi
$100,142
Median Household Income
$42,958
Median Earnings
$2,253
Median Rent
$695,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Los Angeles County, CA
Properties on Market for Office buildings in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building offering 16 rooms, two restrooms, and gated on-site parking.
Where is this office building located?
The property is located at 2222 W Garvey Ave S West Covina, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Well‑maintained office building built in 1962; 16 rooms with 2 baths; Around 18 parking spaces on site
