480 Rowland St Covina, CA 91723-2964
Property summary
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
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CVCP* · Covina, CAZoning
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Zoning designation
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