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Property profile & analytics
OFF-MARKET Estimated value $1,625,000
Medical Office Space

855 Lark Ellen Ave West Covina, CA 91791-1099

11,581 SF 1 ac lot Built 1960
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US09-6903667
Property summary
AI-generated overview

This exceptional two-story, 16,823-square-foot Class B medical office building in West Covina, CA, presents a unique investment opportunity. Built in 1960 and renovated in 2015, the property boasts 54 parking spaces, an elevator, and is situated on a 0.89-acre lot (APN 8434-015-033). Currently, there are multiple suites available, ranging in size from 142 to 531 square feet of vacant space. The building features central air and heat, common area janitorial service, and three shared bathrooms. Each suite offers desirable amenities including direct elevator access, a storage closet, and a private office. A shared kitchen/break room adds convenience. Operating costs are approximately $0.62 per square foot, inclusive of all utilities except internet and phone. The property's strategic location offers easy access to major freeways (I-10 and 210), placing it within close proximity to prominent healthcare facilities such as Kindred Hospital, Queen of the Valley Hospital, and Intercommunity Hospital of Covina. Furthermore, it's conveniently located near the Plaza of West Covina, West Covina Civic Center, and Eastland Center, ensuring high visibility and accessibility. The surrounding area comprises a mix of residential, commercial, and retail properties. Ideal for a variety of medical practices, including general practice, orthopedics, dentistry, chiropractic, acupuncture, massage therapy, and more. (No dispensaries.)

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction TILT-UP CONCRETE
Total area 11,581 SF
Lot 1 ac (43,766 SF)
Zoning code WCR17500*
APN 8434-015-033
UPID US09-6903667
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
  • Crescent Healthcare Pharmacy
  • West Covina Dental Care Dental Office
  • Q W Acupuncture Medical Clinic Alternative Medicine Practice
  • OPD Foot and Ankle: Dr. Kenny Huang Foot & Ankle Surgeon Physician
  • Bos Commercial Mangement Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M
Owner & transaction history
F & C Corp · 23 yrs held
F & C Corp
since 2003
7 recorded transactions
2003
$915,000
2002
Price N/A
1999
$325,000
1991
$600,000
1989
$1.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
WCR17500* · West Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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