1535 1551 E Amar, West Covina, CA 91792
1535 1551 E Amar, West Covina, CA 91792
1535 1551 E Amar, West Covina, CA 91792
1535 1551 E Amar, West Covina, CA 91792
1535 1551 E Amar, West Covina, CA 91792
1535 1551 E Amar, West Covina, CA 91792
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Jessamine Walker

Jessamine Walker

+1(949) 241-2927
$ 5,190,000
Est. payment | /mo

1.93 Acres Lot

Save
$ 5,190,000
Est. payment | /mo
Save

1.93 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26221354

HOA Y/N No

Year Built 1974

Lot Size 1.935 Acres

Property Sub-Type Retail

Property Description

Well-located multi-tenant retail investment opportunity 1535-1551 E Amar Road is a commercial property located within West Covina's established business environment, offering convenient access to surrounding residential communities, retail centers, and regional transportation routes. Positioned along Amar Road, the property benefits from visibility and connectivity that support a variety of commercial, office, retail, or service-oriented uses. Its location within the San Gabriel Valley provides access to a large consumer base, workforce population, and nearby business activity, making it well suited for businesses seeking a presence in a mature and active commercial market. The property's accessibility and proximity to major thoroughfares further enhance its appeal for tenants, owner-users, and investors alike.
The property is currently approximately 90% occupied and being offer at an approximately 6% going-in cap rate, providing investors with sable in-place income along with meaningful future upside. Current rents and expenses recoveries provide opportunities for additional income growth as leases renew and rents are adjusted toward market levels.
The only vacant space is a drive-through space which provides an additional opportunity to generate rental income and further increase NOI.

Location

State CA

County Los Angeles

Area 669 - West Covina

Interior

Fireplace No

Laundry None

Building

Lot Description Paved

Story 1

Water Public

Others

Tax ID 8735004001

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Rachel Kim Elevate Real Estate Agency 909-727-2307, DRE #01992534

Nearby Locations

Jessamine Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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1535 1551 E Amar

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