Medical/Professional Office Near
767 S Sunset Ave West Covina, CA 91790
For Sale
Contact for pricing
Medical/Professional office space for sale near Queen of the Valley Hospital.
Property Size12,380 SF
Price / SF$343.30
Days on Market918
Property Features for 767 S Sunset Ave
General Information
- Standard status
- Active
- Size
- 12,380 SF
- Property subtype
- Office
Building Details
- Year Built
- 1967
Listing Agency:
Lee & Associates - Pasadena
Listed By:
Chris Johnson · License #CA 01934154
Source:
Crexi
Added: Jan 18, 2024
Changed: Jul 6
Last Checked: Jul 23 at 12:29PM
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 Lee & Associates - Pasadena
Investment Insights
Based on property information with market context.
This commercial property, suitable for medical or professional office use, is available for sale. The property is located near the Queen of the Valley Hospital and offers convenient access to the 10 freeway. The building has a size of 12380 square feet.
Key Highlights
- Medical/Professional Office
- Located right off the 10 freeway for easy access.
- Near the Queen of the Valley Hospital
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 | $416.0k | $33.60 |
| − Vacancy | −$62.4k | −$5.04 |
| EGI | $353.6k | $28.56 |
| − OpEx | −$88.4k | −$7.14 |
| NOI | $265.2k | $21.42 |
12,380 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.79M
$3.31M – $4.42M
NOI $265,180 @ 7.0% cap · market cap 6.24%
Second Best
Healthcare Medical
$2.87M
$2.51M – $3.34M
NOI $200,556 @ 7.0% cap · market cap 4.72%
Theoretical Best
Multifamily LT 5
$250.81M
$219.46M – $292.61M
NOI $17,556,796 @ 7.0% cap · market cap 413.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
G&L CPA Inc
Accounting Firm
Cameron - Sunset Professional ...
Medical Clinic
Western Hand Center: ...
Medical Clinic
Buckley Walter MD
Physician
Kyaw Lyn Inc: ...
Physician
Similar Off Market Nearby
- Vine Animal Clinic — 531 E Vine Ave, West Covina, CA 91790
- Petco Vaccination Clinic — 1050 W Covina Pkwy, West Covina, CA 91790
- Vetco — 1050 W Covina Pkwy, West Covina, CA 91790
FAQs
What type of property is this?
Medical Office Space - Medical/Professional office space for sale near Queen of the Valley Hospital.
Where is this medical office space located?
The property is located at 767 S Sunset Ave West Covina, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Medical/Professional Office; Located right off the 10 freeway for easy access.; Near the Queen of the Valley Hospital
