Property profile & analytics
501 San Bernardino Rd Covina, CA 91722-3739
- Office buildings
- 2,538 SF
- 0.56 lot acres
OFF-MARKET
Value Estimations
$520,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-7823397
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Hanich Real Estate / Real Estate Agency
- Hanich / Real Estate Agency
- Soldit Real Estate / Real Estate Agency
Property Details for 501 San Bernardino Rd
- Year built
- 1888
- Construction
- WOOD
- Lot size
- 0.56 lot acres
- Property size
- 2,538 SF
- Zone code
- CVCP*
- Property type
- Office buildings
- APN
- 8432-022-013
- APU
- 8432022013
Description
This exceptional 2,538 square foot office building presents a unique investment opportunity in the thriving city of Covina, California. Situated on a highly visible corner lot spanning 0.56 acres, this property offers significant potential for expansion or redevelopment. Currently configured as a Victorian-style office space, the building is zoned for commercial professional use, making it ideal for a variety of businesses. Its prime location near a hospital, church, school, and other medical offices ensures high visibility and accessibility. The property benefits from its position at a busy intersection, guaranteeing substantial foot and vehicle traffic. The expansive lot size provides ample room for future development, offering unlimited possibilities for expansion or the construction of additional buildings. This is a rare chance to acquire a substantial commercial property in a desirable location with significant upside potential. The existing building provides immediate income generation, while the large lot allows for long-term growth and strategic development. This property is perfect for an investor seeking a strong return on investment or a business looking to establish a prominent presence in a high-traffic area of Covina. The combination of existing infrastructure and development potential makes this a truly exceptional opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $365,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $569,000
Market price range: $570k - $1.07M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $795,000 Current use
- COMMERCIAL (GENERAL)
- $785,000 Change: -1% Conversion: Easy
- WAREHOUSE, STORAGE
- $745,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Covina
- County
- Los Angeles
- State
- California
- Longitude
- -117.899
- Latitude
- 34.09
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,056
$156,535
$253,591
$410,126
-
$0.00
$0.00
$0.00
