301 S Glendora Ave, West Covina, CA 91790
- Investment properties
- 546,676 SF
- 6.38 lot acres
Current Use by Public Records
- Rose Esthetics / Spa & Massage Center / Skin Care Clinic
- Gowelp / Marketing & Advertising / IT Consulting Firm
- Inovate LA Cutz / Barber Shop
- Rubios Beauty Bar / Spa & Massage Center / Skin Care Clinic
- The Colony at the Lakes Apartments / Apartment Building / Apartment Rental Agency
Property Details for 301 S Glendora Ave
- Year built
- 2016
- Construction
- WOOD
- Lot size
- 6.38 lot acres
- Zone code
- WCCR*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 8474-010-016
- APU
- 8474010016
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 28, 2019 | $171,500,000 | Colony At The Lakes LLC | 301 S Glendora Ave Apts Invtrs | Grant Deed | — |
| Apr 10, 2014 | — | 301 South Glendora Avenue Apar | — | Deed Of Trust · related | $122M · 301 South Glendora Avenue Apar |
| Mar 3, 2014 | $35,500,000 | 301 South Glendora Avenue Apts | Lmi Lakes West Covina LLC | Grant Deed | — |
| Jul 1, 2013 | $35,500,000 | Lmi Lakes West Covina LLC | Delta-jc LLC | Grant Deed | — |
| Mar 10, 1999 | — | Gvd Cml Prop | Glendora-west Covina Asso, | Grant Deed · related | — |
| Mar 10, 1999 | $3,950,000 | Gvd Commercial Properties INC | — | Grant Deed · related | — |
| Jan 27, 1995 | — | Wickes Furniture Co | — | Deed Of Trust · related | $62.5M · Wells Fargo Bank |
Description
This exceptional Class A retail center, built in 2015, offers 546,676 square feet on a 6.38-acre lot in West Covina's thriving downtown. The single, four-story building boasts 844 parking spaces and is strategically located off the 10 freeway, providing easy access and high visibility. Currently, two retail spaces are available, ranging from 1,802 to 2,318 square feet, perfect for restaurants, dessert shops, salons, or convenience stores. The property benefits from strong neighboring tenants, including Paris Baguette, Mochi Nut, Phenix Salon, Edwards Cinemas, Gen Korean BBQ, Bob Furniture, and Portos, as well as proximity to the West Covina Mall. This first-generation space is situated within a dynamic area experiencing significant city-funded improvements. The location is further enhanced by its proximity to a 450-unit apartment complex with approximately 95% occupancy, ensuring a robust customer base. Attractive tenant improvement allowances and concessions are available to qualified tenants. The property is zoned WCCR (West Covina Commercial Retail). The APN is 8474-010-016. This presents a unique opportunity to establish a thriving business in a high-growth area with substantial support from the landlord.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $94,930,000
Market price range: $28.4M - $94.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $168,910,000 Current use
- OFFICE BUILDING
- $190,765,000 Change: +13% Conversion: Easy
- RETAIL STORES
- $188,960,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Covina
- County
- Los Angeles
- State
- California
- Longitude
- -117.925
- Latitude
- 34.0692
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
