Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1532-1536 E Amar Rd West Covina, CA 91792

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Shopping centers

    Type:Retail
    Property size:
    40,382 SF
    Lot size:
    2.99 Acres
    Price / SF:
    $269/SF
    Added:
    Aug 1, 2023
    Days on Market:
    996
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 1532-1536 E Amar Rd

    General Information

    Standard status
    Active
    Size
    40,382 SF
    Lot size
    2.99 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Randall Dalby

    Listing agent Randall Dalby License #CA 01259576

    Listing office Lee & Associates - Irvine

    Listing date Aug 1, 2023

    Source Crexi

    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 - Irvine

    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • West Covina Center — 1555-1559 E Amar Rd, West Covina, CA 91792
    • Mall All — amar rd, la puente, ca 91744
    • Mall Industry — amar rd, west covina, ca 91792
    • Woodside Village Shopping Center — West Covina, CA 91792
    • Crown Quality Cleaners — 2421 S Azusa Ave, West Covina, CA 91792

    Location Insight

    • Map
    • Local Demand
    City
    West Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.9130505
    Latitude
    34.0289091

    Nearby Similar for Sale

    • $2,915,000
      8,026 SF

      West Covina Multifamily Investment Opportunity

      Eleven-unit multifamily property in West Covina with cash flow potential.
      149 S Bandy Avenue, West Covina, CA 91790
      View Details
    • $1,280,000
      2,364 SF

      West Covina Duplex with City Views

      Charming duplex ideal for multi-generational living or rental income.
      2301 Cravath Court, West Covina, CA 91792
      View Details
    • $2
      546,676 SF

      New Retail/Restaurant Space Available

      First generation retail/restaurant space in Downtown West Covina.
      301 S Glendora Ave, West Covina, CA 91790
      View Details
    • $2
      14,975 SF

      Grocery Anchored Retail Opportunity

      Retail space in a high-traffic, grocery-anchored shopping center.
      1027-1047 E. Amar Rd, West Covina, CA 91792
      View Details
    • $15,025,000

      Medical Office Building Near Hospital

      Standalone medical office near Interstate 10 and Emanate Health Hospital.
      1500 W West Covina Pkwy, West Covina, CA 91790
      View Details
    • $2.00

      Medical/Professional Office Suites For Lease

      Medical/professional office suites with great access and parking.
      933-935 S Sunset Ave, West Covina, CA 91790
      View Details
    • $1.85
      12,380 SF

      West Covina Medical Office Building

      Medical office building with suites available and ample parking.
      767 S Sunset Ave, West Covina, CA 91790
      View Details
    • $2,249,000

      Veterinary Practice with Real Estate

      Established veterinary practice and real estate in West Covina.
      1823 W San Bernardino Rd, West Covina, CA 91790
      View Details
    • $72,000
      998 SF

      West Covina Restaurant Business Opportunity

      Compact restaurant with prime corner location and low rent.
      1001 E Amar Rd, West Covina, CA 91792
      View Details
    • Contact for pricing
      4,865 SF

      Retail Space Available For Sale

      Retail space spanning 4,865 SqFt available for purchase.
      330 S Vincent Ave, West Covina, CA 91790
      View Details
    • $2,915,000
      8,026 SF

      West Covina Multifamily Investment Opportunity

      Stabilized 11-unit multifamily property in a prime West Covina location.
      149 S Bandy Avenue, West Covina, CA 91790
      View Details
    • $860,000
      1,960 SF

      West Covina Industrial Space Available

      1,960 SF industrial space with freezer, racks, leaseback option.
      1773 W San Bernardino Rd, Bldg B, West Covina, CA
      View Details

    FAQs

    Where is this shopping center located?
    The property is located at 1532-1536 E Amar Rd West Covina, CA.
    What is the asking price?
    The asking price for this property is $10,900,000.
    What are key features of this property?
    This property features: 100% Occupancy with Synergistic Mix of National, Regional, and Local Tenants; High Traffic Counts: **±63,500 ADT at Major Intersection**; E‑commerce Resistant Tenant Line‑up: Retail and Service Oriented
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Randall Dalby
    Real Estate License ID: CA 01259576
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!