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    702 Azusa Ave West Covina, CA 91791-1010
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    Property profile & analytics

    702 Azusa Ave West Covina, CA 91791-1010


    • Retail space
    • 16,422 SF
    • 1.40 lot acres
    Off-Market
    Last Sale Jan 15, 2025
    $7,125,000
    Property ID
    US09-6340666
    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.

    Value Estimations
    $6,535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CDReload - Online Bitcoin ATM / Crypto Atm / Atm
    • CVS / Pharmacy
    • Citibank ATM / Atm
    • Coinhub Bitcoin ATM Teller / Atm
    • MoneyGram / Bank / Credit Union

    Property Details for 702 Azusa Ave

    Year built
    1999
    Construction
    TILT-UP CONCRETE
    Lot size
    1.40 lot acres
    Property size
    16,422 SF
    Zone code
    WCNC
    Property type
    Retail space
    APN
    8443-003-022
    APU
    8443003022

    Description

    This exceptional 16,101-square-foot free-standing retail building presents a remarkable investment opportunity in the thriving city of West Covina, California. Located at 702 N Azusa Ave, 91791, within Los Angeles County, this single-tenant property offers significant potential for redevelopment or lease to a new tenant. The entire building is currently vacant, providing immediate flexibility for prospective buyers or investors. The property's substantial size allows for a wide range of uses, catering to various retail concepts or potential adaptive reuse. Its prime location in West Covina offers excellent visibility and accessibility, benefiting from high traffic counts and proximity to residential areas and other commercial establishments. The property's free-standing nature provides ample parking and convenient access for customers. This is a rare chance to acquire a sizable, vacant retail space in a desirable location with strong growth potential. The property is classified as Retail, with a Subtype of Free-standing building. Detailed building plans and specifications are available upon request. Serious inquiries only. This is an ideal opportunity for investors seeking a high-impact retail investment in a dynamic market. The property's size and location make it an attractive proposition for a variety of businesses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,920,000
      6.5%
      $6,385,000
      7%
      $5,930,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,513,000
      Market price range: $3.50M - $9.44M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,675,000
      Current use
      RESTAURANT
      $10,695,000
      Change: +88% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $9,995,000
      Change: +76% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $7,595,000
      Change: +34% Conversion: Difficult
      MEDICAL BUILDING
      $7,465,000
      Change: +32% Conversion: Difficult
      WAREHOUSE, STORAGE
      $6,310,000
      Change: +11% Conversion: Difficult
      OFFICE BUILDING
      $5,730,000
      Change: +1% Conversion: Easy
      COMMERCIAL (GENERAL)
      $5,075,000
      Change: -11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    West Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.907
    Latitude
    34.0831
    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
    $52,229
    $2,606,092
    $1,329,567
    $3,935,659
    -
    $0.00
    $0.00
    $0.00
    More about this property
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