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$ 498,000
Est. payment | /mo
3,968 Sqft Lot
$ 498,000
Est. payment | /mo
3,968 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25250529
HOA Y/N No
Year Built 1965
Lot Size 3,968 Sqft
Lot Dimensions Assessor
Property Sub-Type Retail
Property Description
Unique opportunity to develop and potentially continue the use of this high traffic, 14500 sf approx., N/W corner, including office property. All subject to the Covina Town Center Specific Plan and the conditional use permit process. The existing business uses the adjoining parcels 259 E. San Bernardino Rd, 511 S.1St Ave and 511 S.1St Ave Rear as one property and are included in this sale. Check w/ city for additional multifamily potential and more possible options for these 4 lots. The Covina Town Center Specific Plan is applicable. The existing circa 1965 retail building once included an antique store, barbershop and office, partitions and plumbing for three baths still there per the single use tenant. Presently one large retail establishment. The remaining small structure from the 1940s' triplex use at the rear of the property is non-conforming. Buyers and buyers' broker to verify all aspects, planned uses and existing permits of the subject properties w/ City of Covina Planning Department. Excellent location to downtown Covina and Metro Rail.
Location
State CA
County Los Angeles
Area 614 - Covina
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Fence Chain Link
Utilities Available Electricity Connected
Total Parking Spaces 3
Building
Lot Description 0-1 Unit/Acre, Flat
Story 1
Water Public
Others
Tax ID 8430022019
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Probate Listing, Trust

Listed by MICHAEL HICKS MICHAEL HICKS, REALTOR 626-918-2288

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