Technical
Financial
Distress signals
Property profile

569 San Bernardino Rd Covina, CA 91723

OFF-MARKET
Investment properties
Property ID
US09-8748894
908 SF 0.18 ac lot Built 1951
Individually Owned 31-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 908-square-foot mixed-use property, situated on a 0.18-acre lot at 569 San Bernardino Road in Covina, California, presents a unique investment opportunity. Zoned C-5 commercial, this building offers a flexible layout ideal for a variety of businesses. The front of the property features a well-appointed office space, perfect for administrative functions or client meetings. The rear boasts a spacious warehouse area, providing ample room for storage, production, or light manufacturing. The property's prime location in Covina ensures high visibility and accessibility, situated within a thriving commercial district surrounded by established restaurants and shops. This translates to significant foot traffic and excellent exposure for your business. The asking price is $999,000. This is an exceptional opportunity to acquire a versatile commercial property in a high-demand area, offering immediate potential for growth and profitability. Don't miss out on this chance to establish or expand your business in a vibrant and convenient location. The property's strategic placement guarantees significant exposure to a large customer base. The combination of office and warehouse space makes this an adaptable property suitable for a wide range of commercial ventures.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1951
Total area 908 SF
Lot 0.18 ac (7,988 SF)
Zoning code CVC5*
APN 8429-009-026
UPID US09-8748894

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
  • Furniture & Home Goods

Location

569 San Bernardino Rd Covina, CA 91723-1732
Covina metro Census 403722 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 1994
7 recorded transactions
2024
Price N/A
1994
$165,000
1994
$159,342
1993
$78,251
1990
$225,000
1989
$185,000
1969
Price N/A

Zoning & alternative use

CVC5* · 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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