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Property profile & analytics
OFF-MARKET Estimated value $1,900,000
Office buildings

480 Rowland St Covina, CA 91723-2964

7,512 SF 0.43 ac lot Built 1982
Entity Owned Absentee Owner Free & Clear
Property ID
US09-8377663
Property summary
AI-generated overview

This exceptional two-story office building, located at 480 W Rowland Street in Covina, California, presents a compelling owner-user opportunity. Spanning 7,512 square feet, the property features five suites with the potential for up to 24 individual offices, providing ample space for a variety of business needs. The building boasts approximately 27 parking spaces, ensuring convenient access for employees and clients. Its traditional office layout is adaptable and may be suitable for medical office use, subject to verification with the City of Covina. Situated on a highly visible corner lot, this property offers excellent building signage potential. The asking price is $2,591,640, translating to $362 per square foot. The property's prime location in close proximity to downtown Covina offers easy access to local amenities and transportation. This is an ideal investment for owner-occupants, with the possibility of securing an SBA loan with a 10% down payment. The property is zoned for traditional office use and may be suitable for medical use, pending city verification. This presents a rare opportunity to acquire a well-maintained, strategically located office building in a thriving area of Los Angeles County, zip code 91723.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction WOOD
Total area 7,512 SF
Lot 0.43 ac (18,775 SF)
Zoning code CVCP*
APN 8453-006-030
UPID US09-8377663
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
  • Oscar Trejo, Real Estate Salesman Real Estate Agency
  • Sylvia Rios Realtor Real Estate Agency
  • Bobby Young | Century 21 Masters Real Estate Agency
  • Shasha & Terri Realtors Real Estate Agency
  • Frank Lopez, Century 21 Broker & Realtor West Covina and Covina Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.90M
Owner & transaction history
480 Rowland LLC
480 Rowland LLC
since 2025
Last sale
$2.0M
5 recorded transactions
2025
Price N/A
2025
$2.0M
2005
$1.5M
1996
Price N/A
1969
Price N/A
Zoning & alternative use
CVCP* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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