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Property profile & analytics
OFF-MARKET
Investment properties

1051 Citrus Ave Covina, CA 91722-2760

4,094 SF 0.35 ac lot Built 1927
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US09-7509816
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,814 square foot mixed-use building situated on a 0.35-acre lot at 1051 Citrus Avenue, Covina, CA. Priced at $1,750,000, this multi-level property offers a blend of retail and office space, ideal for a diverse range of tenants. The upper floors feature modern office spaces with adaptable layouts, perfect for single or multi-tenant occupancy. Each office boasts high ceilings, large windows, and abundant natural light, creating a productive and inviting atmosphere. Ample on-site parking is available, accommodating 20 vehicles, with designated spaces for both retail customers and office tenants. The building enjoys a highly visible location in a bustling area, easily accessible via major highways and public transportation. The surrounding neighborhood is characterized by high foot traffic and a mix of residential, commercial, and recreational establishments, ensuring consistent visibility and a steady flow of potential customers. Current multi-tenant occupancy generates rental income from both office and retail spaces. The strong demand for retail and office properties in this desirable area suggests significant potential for long-term capital appreciation. This property represents a compelling investment for those seeking a diversified portfolio or a prime location with established rental income.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1927
Construction WOOD
Total area 4,094 SF
Lot 0.35 ac (15,264 SF)
Zoning code CVC4*
APN 8421-026-024
UPID US09-7509816
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
  • Tres Novu Hair Salon Hair Salon
  • FemDocs, LLC Law Firm
  • Stunning by Ivy Nail Salon
  • SoCal Sportscars Auto Repair Shop Vehicle Inspection Center
  • UltiPrints Production Facility (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gladys Rued · 2 yrs held
Gladys Rued
since 2024
Last sale
$334,000
7 recorded transactions
2024
Price N/A
2011
Price N/A
2008
Price N/A
2005
Price N/A
2002
Price N/A
2002
$334,000
1997
Price N/A
Zoning & alternative use
CVC4* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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