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    1373 Center Court Dr Covina, CA 91724

    Sponsored
    For Sale
    $8,900,000

    Prime Medical/Office Space, Owner-User Opportunity

    Property size:
    32,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 32,000 square foot Class B office building, located at 1373 Center Court Drive in Covina, California, presents a unique owner-user opportunity. Situated on a substantial 72,934 square foot lot (APN: 8447-021-072, 8447-031-047), this multi-tenant property is zoned CP and boasts recent upgrades throughout. Built in 1979, the building offers convenient elevator service, a fully sprinklered system, and abundant parking, making it ideal for a variety of medical and traditional office uses. Its strategic location provides excellent access to major freeways, including the 10, 57, and 210, with convenient access right off the Holt exit on the 10 freeway. The asking price for this exceptional property is $8,900,000. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving Los Angeles County market. The property is being offered for sale by owner.

    Property Features for 1373 Center Court Dr

    General Information

    Property type
    Medical offices
    Square Feet
    32,000 SF
    Class
    B

    Building Details

    Year Built
    1979

    HighLights

    • Recent upgrades throughout.
    • Abundant parking.
    • Elevator service.
    • Fully sprinklered fire protection system.
    • Excellent freeway access (10, 57, and 210 freeways).
    • Conveniently located off the Holt exit of the 10 Freeway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sodexo Property Management Company Covina Annex Corporate Office Jennifer L. Campos, ... Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.8616199
    Latitude
    34.0726336

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    FAQs

    What type of property is this?
    Medical office - Prime Medical/Office Space, Owner-User Opportunity
    Where is this medical office located?
    The property is located at 1373 Center Court Dr Covina, CA.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: Recent upgrades throughout.; Abundant parking.; Elevator service.
    Request Owner's contact information
    1373 Center Court Dr Covina, CA 91724
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    Covina, CA 91724
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1373 Center Court Dr Covina, CA 91724
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