For Sale Commercial MLS# CV26221354

1535 1551 E Amar

West Covina, CA 91792

$5,190,000

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About 1535 1551 E Amar

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.

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1974
Stories
1
Living area
13,000 sqft
Price / sqft
$399
Lot
1.9347
Original price
$5,190,000
MLS #
CV26221354

Exterior & lot

Construction
1
Lot
8735004001

Schools

District
Rowland Unified School District

Utilities

Utilities
Public
Water
Public

Financial

Parcel
8735004001
Special conditions
Standard

Location

Area
669 - West Covina
County
Los Angeles
Neighborhood
Woodside
Directions
E. Amar & Azusa

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Listed by Rachel Kim, Elevate Real Estate Agency

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.