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Property profile & analytics
OFF-MARKET Estimated value $3,450,000
Retail properties & Spaces

537 Glendora Ave West Covina, CA 91790-3006

15,442 SF 0.47 ac lot Built 1960
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0374122
Property summary
AI-generated overview

This exceptional West Covina property, located at 537 S Glendora Ave, 91790, offers a versatile 15,422 square foot building situated on a 20,439 square foot lot. Built in 1960 and renovated in 1998, this single-tenant property boasts a flexible zoning designation (WCNC) allowing for a variety of uses, including retail, medical, hospitality, and more, under the city's flexible zoning code. The building features approximately 15,422 square feet of industrial space, including a second-story mezzanine, high ceilings, and HVAC throughout. Convenient access is provided by one grade-level loading dock. Ample parking is available with eight spaces on-site. The property benefits from a high-traffic location, just one block south of Plaza West Covina, The Lakes Entertainment Center, and the 10 freeway, experiencing significant daily vehicle traffic from surrounding major roadways. This prime location offers exceptional visibility and accessibility. The property's diverse zoning and functional layout make it an ideal investment opportunity for a wide range of businesses. The APN is 8475-007-020. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a thriving West Covina location.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1960
Construction TILT-UP CONCRETE
Total area 15,442 SF
Lot 0.47 ac (20,500 SF)
Zoning code WCNC*
APN 8475-007-020
UPID US10-0374122
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
  • West Covina Cleaners (Bike/Boat/Book/etc) Store
  • Discount Porta Potty Rental West Covina Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.00M
Blend (final) Blend
$3.45M
Owner & transaction history
Iff Partnership · 9 yrs held
Iff Partnership
since 2017
7 recorded transactions
2024
Price N/A
2024
Price N/A
2019
Price N/A
2018
Price N/A
2017
$3.8M
2009
Price N/A
2005
Price N/A
Zoning & alternative use
WCNC* · West Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $5.4M +7.6%
Retail stores $5.3M +6.6%
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