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For SaleLuxury

$5,190,000

25 days on market

1535 1551 E Amar

West Covina, CA 91792

ยท 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1974

Built

Listing narrative

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.

Listing agent (MLS): Rachel Kim ยท Listing brokerage (MLS): Elevate Real Estate Agency

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,190,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

1.93 acres

Year

1974

Status

For Sale

Days on Market

25

ยท 8% down, 7% APR, 30yr fixed
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Courtesy of Elevate Real Estate Agency