United StatesCaliforniaCovina20628 East Arrow hwy

20628 East Arrow hwy
20628 East Arrow hwy Covina, California 91724 United States

$2,500,000
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Current Rent Roll shows approximately $11,400 per month. Most tenants are month by month and extremely below market rent. Owners have own the property for over 38 years. Over the years owner form friendships with tenants; thus, they never...
$2,500,000
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.7488 Acres
Exterior
Commercial
Property type
1980
Year Built
TR22037959
Web Id
TR22037959
MLS ID
Charter Oak Unified
School District
176
days ago

About 20628 East Arrow hwy

Current Rent Roll shows approximately $11,400 per month. Most tenants are month by month and extremely below market rent. Owners have own the property for over 38 years. Over the years owner form friendships with tenants; thus, they never increase their rent year over year but most tenants with way below market rent is month by month. Some tenants have been occupying for close to 20 years now. Pro forma rent is about $16k NNN. ($1.25 NNN for RETAIL UNITS and $1.25 gross for offices) Very good location and condition. The building was built in 1980, Lot size: 33,106 sq ft and Building Size: 12,222 sq ft. Total 15 units 7 retail store with individual restrooms 8 office, share 2 men and 2 women restroomsParking spaces: 48 + 2 handicap

Listing Courtesy of RE/MAX Universal Realty

PROPERTY INFORMATION

Water
Public

EXTERIOR

Lot Description
0-1 Unit/Acre, Rectangular Lot
Listing Courtesy of RE/MAX Universal Realty
Listing Courtesy of RE/MAX Universal Realty
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