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Property profile & analytics
OFF-MARKET Estimated value $18,430,000
Industrial properties

1001 Grand Ave Covina, CA 91724-2073

57,538 SF 3.72 ac lot Built 1992
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6416062
Property summary
AI-generated overview

This exceptional Covina retail property, located at 1001 N Grand Ave, 91724, offers a diverse range of leasing options within a thriving community shopping center. The 19,444 square foot building, constructed in 1956, features ample parking and boasts excellent street visibility and signage. Units range from a minimum of 578 square feet to a maximum contiguous space of 23,600 square feet, with a significant 38,761 square feet currently vacant. Ideal for a variety of businesses, including but not limited to massage therapy, acupuncture, boba shops, nail salons, ice cream parlors, mobile phone retailers, dance studios, dental or medical practices, and furniture or mattress stores (tenant verification required with relevant authorities). The center benefits from its location on bustling Grand Boulevard and includes a junior anchor space of approximately 23,600 square feet and an end-cap space of approximately 8,063 square feet. Multiple smaller units are also available, ranging from approximately 578, 900, 1,198, and 1,682 square feet. This property is situated in Los Angeles County and offers convenient access via multiple entrances. The center is anchored by several high-profile national retailers, ensuring a strong customer base and high foot traffic. This is a first-class retail opportunity with significant potential.

Property profile
Verified
Property type Industrial properties
Use group LUMBERYARD, BUILDING MATERIALS
Year built 1992
Construction TILT-UP CONCRETE
Total area 57,538 SF
Lot 3.72 ac (162,256 SF)
Zoning code CVC2*
APN 8422-018-006
UPID US09-6416062
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kailani Jewelers (Bike/Boat/Book/etc) Store
  • (Eyebrow threading)IBROW PLACE AND BEAUTY SPA Hair Salon Nail Salon
  • IBROW PLACE AND BEAUTY SPA(Eyebrow Threading) Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$18.43M
Owner & transaction history
Stater Bros Markets · 1 yrs held
Stater Bros Markets
since 2025
Last sale
$25.3M
7 recorded transactions
2025
Price N/A
2025
$25.3M
2010
$5.8M
2010
Price N/A
1996
Price N/A
1994
$1.7M
1992
Price N/A
Zoning & alternative use
CVC2* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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