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Property profile & analytics
OFF-MARKET Estimated value $1,615,000
Manufacturing properties

1254 Cypress St Covina, CA 91724

13,600 SF 0.61 ac lot Built 1971
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-8619432
Property summary
AI-generated overview

This exceptional 13,600-square-foot commercial property, situated on a 0.61-acre lot at 1254 E Cypress St, Covina, presents a unique opportunity for businesses seeking a versatile and functional space. Built in 1971 and renovated in 2015, this single-story building features a single tenancy and offers ample parking with 10 spaces. The property is zoned M & M1, allowing for a range of uses, including retail, office, and industrial applications. The layout includes an open floor plan with abundant natural light, complemented by two dedicated office spaces and a restroom. Its strategic location provides convenient access to major freeways, including the 210, 10, and 57 freeways, ensuring seamless transportation and logistics. The property's adaptability makes it suitable for a variety of businesses, such as retail shops, offices, showrooms, medical clinics, or creative studios. With its blend of modern updates and functional design, this property offers a compelling opportunity to establish or expand your business in a prime Covina location. The Assessor's Parcel Number (APN) is 8428-017-023, and the cross street is E Edna Pl. The building is classified as suitable for light manufacturing, small equipment manufacturing, small machine shops, instrument manufacturing, or printing plants.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1971
Construction TILT-UP CONCRETE
Total area 13,600 SF
Lot 0.61 ac (26,642 SF)
Zoning code CVM1*
APN 8428-017-023
UPID US09-8619432
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M
Owner & transaction history
David Teh Chen · 1 yrs held
David Teh Chen
since 2024
6 recorded transactions
2024
Price N/A
2018
Price N/A
2018
Price N/A
2015
$1.1M
2015
Price N/A
2006
Price N/A
Zoning & alternative use
CVM1* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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