Technical
Financial
Distress signals
Property profile

341 San Bernardino Rd Covina, CA 91723

OFF-MARKET
Auto shops
Property ID
US09-8754847
2,400 SF 0.12 ac lot Built 1963
Trust Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity encompasses a well-established Volvo A+ repair shop situated at 341 San Bernardino Road, Covina, CA. The property boasts a substantial 5,278 square feet on a 0.24-acre lot, providing ample space for operations. The facility includes multiple service bays equipped with a service lift, ensuring efficient workflow. Customer comfort is prioritized with a dedicated waiting room and restroom. Significant storage space is available, along with a large parking lot accommodating both customer and repair vehicles. The business model also includes the sale of pre-owned cars, adding another revenue stream. This turnkey operation is being offered at $350,000, presenting a rare chance to acquire an established and profitable business. The current monthly rent is $5,400. The property's excellent location in Covina ensures high visibility and accessibility, contributing to its strong performance. This sale includes both 337 and 341 E San Bernardino Rd, offering expanded potential. The owner's retirement creates this unique opportunity for a motivated buyer to step into a thriving enterprise. This is a remarkable chance to own a profitable, established business with significant growth potential in a desirable location. The property's size and features make it ideal for continued success and expansion.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1963
Construction TILT-UP CONCRETE
Total area 2,400 SF
Lot 0.12 ac (5,278 SF)
Zoning code CVC5VV
APN 8430-021-022
UPID US09-8754847

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

341 San Bernardino Rd Covina, CA 91723-1627
Covina metro Census 406101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2015
Price N/A
1999
Price N/A
1996
Price N/A

Zoning & alternative use

CVC5VV · Covina, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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