Covina CA Real Estate & Commercial for Sale

**Attention Developers: Unbeatable development trio! Calling all developers to seize an unbeatable opportunity! This listing price is for parcel 8401-014-010 only. For $7,870,000.00, it is included 2 additional parcels 8401-014-017 and 8401-014-018. It adds up around 2.43 acres of prime development land. **Strategic plan** purchase all 3 parcels together for a seamless development process and maximum potential. **~2.43 acre ** There are ample space to bring your multi-unit development vision to life. ** Ideal location ** easy access to downtown Covina, freeway 210, 10 and other amenities. ** It is a great potential to create a thriving residential community or another innovative project. This is a rare chance to secure a trio of parcels that holds immense promise. Don't miss out on this opportunity to elevate your portfolio. Contact us now to make your mark in the world of real estate development!

We are pleased to present the rare opportunity to acquire a garden style 24-unit multi-family investment in Covina, California. Located at 826 North Barranca Avenue, the subject property is part of the portfolio of The Bahamas Apartment. This multi-family Asset is in a market with solid demographics and unique accessibility to major employment hubs, easy to access freeway I-10 and I-210, close to downtown Covina. The property is within minutes to essential city frequented locationsCostco, Walmart Supercenter, Home Depot, Plaza West Covina, Ikea, Azusa Pacific University, Citrus College, Cal Poly Pomona, and Kaiser Permanente Baldwin Park Medical Center. The spacious unit mix consists of studio, one-bedroom, Two-bedroom and Four-bedroom units with large floor plan, patio, Central AC. This property portfolio offers value-add opportunity for investors to invest in a prime asset with well-maintained condition. Two Units are nonconforming units (1 Studio and 1 one becroom unit). Investor has opportunity to legalize those unit and potentially add ADU. Buyer to verify. Ideal for exchange with potential upside on rent. The property will be delivered free and clear.

1. Centrally located in the city of Covina, surrounded by many amenities. Free stand building with one acre gated lots for various uses. 2. Street frontage with excellent visibility from USPS, newly renovated office and show rooms. 3. This property offers a golden opportunity for many potential developments such as central kitchen, food processing facility with cold storage , body shops and more, subject to a Conditional Use Permit (CUP). This presents a unique investment opportunity in a highly sought-after location.

JUST REDUCED! MOTIVATED SELLER! We are pleased to offer for sale this prime 6 unit multi-family investment nestled in the heart of the city of Covina. Priced at a 5% CAP Rate and 12.85 GRM (with about 30% upside in rental income) the subject property features a compelling unit mix of a Two-Story Townhouse with 2 Bedrooms/1.5 bathrooms, alongside five additional 2-Bedroom/1-Bathroom units. Spanning 6,375 square feet of rental space on an 8,148 square foot lot, the property has been thoughtfully designed to meet the needs of modern living. Each unit is separately metered for electricity and gas, providing ease of utility management and cost efficiency. Tenants are afforded the convenience of covered car-port parking and an onsite laundry facility, adding to the appeal of these units. Located just minutes from the vibrant "Downtown" Covina area, residents have easy access to a variety of shops, restaurants, and entertainment options, enhancing the rental attractiveness of this property. Perhaps most notably, this investment offers a significant opportunity for revenue growth, with a potential 30% upside in rental income. This combination of location, quality, and income potential makes this Covina property an enticing option for investors looking to expand their portfolio in a desir

SELLER FINANCING AVAILABLE. We are pleased to exclusively present the opportunity to acquire 316 East Orlando Way, a 6-unit multifamily investment property in the city of Covina, California. The property is a two-story building constructed in 1962 with a building size of 4,692 square feet and is situated on a 7,956 square feet parcel. The property consists of five one-bedroom/one-bathroom and one two-bedroom/two-bathroom floor plans. The property features a secured entrance, on-site laundry room, two storage rooms, covered stairwell, and eight carport parking spaces with storage units. Selected units offer a fireplace in the living room. The units are individually metered for gas and electricity. The offering is conveniently located just one mile north from the closest on and off ramp of Interstate 10 Freeway, providing residents with east access to cities in San Gabriel Valley and Inland Empire. With a very walkable score of 73 out of 100, the apartment building has an ideal rental location in a stable residential neighborhood of Covina. The property is surrounded by major retail and grocery stores including Walmart, Target, Sprouts, IKEA, and Stater Bros. Markets. Six of the many Covina-Valley Unified Schools are within a two-mile radius of the subject property, attracting long

Listing also available For Lease.

For Sale: Premier 2-Story Commercial Office Building at 970 S Village Oaks Dr, Covina, CA 91724 Nestled in the vibrant heart of Covina, California, this distinguished 2-story commercial office building presents a unique opportunity for both savvy investors and businesses looking for owner-use space. Ideally situated at 970 S Village Oaks Drive, this property boasts a strategic location, exceptional amenities, and versatile use options, making it a standout offering in the market. Key Features: Medical/Dental Use Permitted: Operate within the thriving medical and dental sectors with ease, thanks to compliance with approved city guidelines for medical and dental use. This feature opens the door to a wide range of professional services and practices seeking a prime location. Owner Use or Investment Opportunity: Whether you're looking to establish your own business premises or diversify your investment portfolio, this property offers the flexibility to accommodate your needs. With a 5% cap rate and a history of low vacancy, investors can look forward to a steady income stream, while owner-users will find ample space for their operations. Ample Parking: The property includes a generous allocation of 70 parking spaces, ensuring easy access for employees, clients, and visitors alike. Th

Lee & Associates Apartment Advisors is pleased to present Eremland Apartments in Covina, CA. Located at 645 S. Eremland Drive, the five unit apartment community was built in 1956. The unit mix is comprised of two x one bedroom/one bath and three x two bedroom/one bath units. The property is located on a quiet cul de sac street and situated on a 7,105 square foot parcel. The units are separately metered and the on-site laundry machines are owned. A new central water heater was installed in 2022, and the staircase was recently replaced. The property is subject to AB 1482 state rent caps which allow for annual rent increases of a minimum of 5% and maximum of 10%. Long term tenants. Please do not disturb tenants or walk on property.

Constructed in 2020 at 845 E Edna Pl, Covina. High Ceiling warehouse enhance the overall space. Fully upgraded office area with wood floor, coffee area and two office rooms in the warehouse.

781 & 783 W Front St, Covina are two Free-standing food processing buildings with manufacture and retail permits. The sale price includes real estate, fixtures, furniture, equipment, business & goodwill. Currently operated as a bean curd (Tofu) manufacturer. Besides a huge production area with all the new equipment and two warehouses, there is also a large center kitchen, a cooler & two Boilers as well as a showroom/retail area. Plenty of space for office and storage. 3 restrooms, 14 parking spaces. Heavy power.

This commercial property is an investors delight. The potential this property already has is amazing. This building has three units all of them are leased to different Businesses. Each unit has its own bathroom and separate utility meters. On each side of this building there are medical offices and retail services. The surrounding streets are being upgraded and lots of new development in the area. This building has front parking and more parking in the back. There is signage near the street for this building. It is the perfect location for all kinds of businesses. Call listing Brokers office with your questions.