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    1161 Park Vw Dr Covina, CA 91724-3751
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    Property profile & analytics

    1161 Park Vw Dr, Covina, CA 91724-3751

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    • Office buildings
    • 14,466 SF
    • 0.73 lot acres
    Off-Market
    Last Sale Jun 17, 2021
    $1,800,018
    Property ID
    US09-9967225
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,845,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Michael Paz Mortgage / Loan Service / Bank
    • sampe seattle 2014 / Conference Center / Trade Show Venue
    • Butler Enterprises / Tax Preparation

    Property Details for 1161 Park Vw Dr

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.73 lot acres
    Zone code
    CVE5&PCD*
    Property type
    Office buildings
    APN
    8448-019-050
    APU
    8448019050

    Description

    This exceptional 14,112 square foot, two-story medical office building in Covina, California, presents a unique investment opportunity. Located in the Village Oaks Office Park, this Class C property boasts a prime location directly off Interstate 10, offering excellent freeway access, high visibility, and convenient proximity to local amenities. Completely renovated in 2023, the building features two contiguous suites: a first-floor suite of approximately 5,009 square feet and a second-floor suite of approximately 7,333 square feet. Currently housing two tenants, the property offers the potential for lease-up or owner-occupancy. Significant recent improvements, totaling nearly $1 million, include renovated lobbies and restrooms, enhanced building security, exterior finishing and paint, and new landscaping. A newly finalized long-term lease with Dish Wireless for rooftop antennas will generate an additional $36,000 in annual income. The property sits on a 0.73-acre lot and offers ample surface parking (4 spaces per 1,000 square feet). The permitted zoning is CVE5 & PCD. Built in 1983, this building represents a rare opportunity for a high-quality office investment in the heart of the San Gabriel Valley. The asking price is $5,500,000. APN: 8448-019-050.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,860,000
      ML approach
      $1,920,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.86
    Latitude
    34.0688
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $26,942
    $1,220,389
    $689,785
    $1,910,174
    -
    $0.00
    $0.00
    $0.00
    More about this property
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