Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1051 Citrus Avenue, Covina, CA 91722
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    1051 Citrus Avenue
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    • MLS#: CV24196170 ( Mixed Use )
    • Street Address: 1051 Citrus Avenue
    • Viewed: 6
    • Price: $1,850,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1927
    • Bldg sqft: 0
    • Days On Market: 47
    • Additional Information
    • County: LOS ANGELES
    • City: Covina
    • Zipcode: 91722
    • Provided by: RE/MAX MASTERS REALTY
    • Contact: Eric Eric
    • DMCA Notice
    • Description
      Prime Office & Retail Building for Sale A Premium Investment Opportunity Located in a high traffic area, this versatile office and retail building offers an exceptional investment opportunity for buyers seeking a dynamic and profitable property. The building spans multiple levels, providing ample space for both retail and office use. Upper floors include modern office spaces with flexible layouts, suitable for single or multi tenant use. Each office features high ceilings, large windows, and abundant natural light, fostering a productive work environment. On site parking with 20 spaces available, including dedicated spots for both retail customers and office tenants. Situated in a bustling area with high visibility, the building is easily accessible via major highways and public transportation. The surrounding area boasts high foot traffic, a mix of residential, commercial, and leisure destinations, ensuring constant visibility and business flow. Multi tenant rental income from both office and retail spaces. Strong demand for retail and office properties in this highly sought after area with potential for long term capital appreciation. Whether youre looking to expand your portfolio or invest in a prime location that offers both retail and office tenants, this property offers everything you need for a successful venture.
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    Features
    Assetclass
    1. Office
    2. Specialty
    Building Area Total
    1. 4814.00
    Building Expenses
    1. 1433.00
    Commoninterest
    1. None
    Construction Materials
    1. Frame
    2. Stucco
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Current Financing
    1. None
    Current Use
    1. Commercial
    Electric
    1. Standard
    Fencing
    1. Block
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 5906.00
    Land Use
    1. Office
    2. Retail
    Laundry Features
    1. Gas Dryer Hookup
    2. Inside
    3. See Remarks
    4. Washer Hookup
    Netoperatingincome
    1. 65000.00
    Otherexpense
    1. 1800.00
    Parcel Number
    1. 8421026024
    Property Type
    1. Mixed Use
    Roof
    1. Composition
    2. Flat
    3. Mansard
    4. Tar/Gravel
    Security Features
    1. Carbon Monoxide Detector(s)
    2. Smoke Detector(s)
    Signage
    1. Sign Freestanding
    Suppliesexpense
    1. 3000.00
    Totalexpenses
    1. 40060.00
    Totalmonthlyrent
    1. 8755
    Trash Expense
    1. 2416.00
    Utilities
    1. Electricity Connected
    2. Natural Gas Connected
    3. Sewer Connected
    4. Water Connected
    Water Sewer Expense
    1. 1613.00
    Water Source
    1. Public
    Year Built
    1. 1927
    Year Built Source
    1. Assessor
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836