Remodeled Freestanding Building For
578-580 E San Bernardino Rd, Covina, CA
For Sale
Contact for pricing
Freestanding, remodeled building with office and flex space.
Property Size2,976 SF
Lot Size0.20 Acres
Price / SF$302.08
Days on Market597
Property Features for 578-580 E San Bernardino Rd
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Top Commercial Realty
Listed By:
Linda Vidov · License CA #01715788
(626) 399-3715
Source:
Moodyscre
Added: Mar 28, 2025
Changed: Aug 8
Last Checked: Aug 7 at 8:49AM
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
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Investment Insights
Based on property information with market context.
This is a freestanding, fully remodeled building situated on approximately 8,747 square feet of land. The property, totaling 2,976 square feet, 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. 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.
Key Highlights
- Fully remodeled, free‑standing building on a large lot (approx. 8,747 sq ft).
- Versatile space: Currently one unit, but easily convertible back to two separate units.
- Includes desirable features: Conference room, kitchenette, two private offices, and storage area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,053
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,060
$1.3M
Cap Rate 7%
$929,329
$929.3K
Cap Rate 9%
$722,811
$722.8K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$114.3K $38.40/SF
− Vacancy
−$27.5K −$9.25/SF
EGI
$86.7K $29.15/SF
− OpEx
−$21.7K −$7.29/SF
NOI
$65.1K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,060
Cap Rate 7%
$929,329
Cap Rate 9%
$722,811
Alternative Uses
Best Use
Office B
$929.3K
$813.2K – $1.08M
NOI $65,053 @ 7.0% cap · market cap 7.24%
Second Best
Industrial
$496.8K
$434.7K – $579.6K
NOI $34,778 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,534 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,559
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Freestanding, remodeled building with office and flex space.
Where is this office building located?
The property is located at 578-580 E San Bernardino Rd 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, free‑standing building on a large lot (approx. 8,747 sq ft).; Versatile space: Currently one unit, but easily convertible back to two separate units.; Includes desirable features: Conference room, kitchenette, two private offices, and storage area.
