Century 21 Commercial, Citrus Realty is pleased to present, The Eastland Professional Building! A rare opportunity featuring 2 freestanding office buildings with 10,392SF+- each, totaling 20784SF+-. Located at 271 & 281 E. Workman Avenue in Covina. Situated on a huge lot of 1.1 acres (47,824)SF+- offering 71 parking spaces. The Building is located across the street from Eastland Shopping center offering excellent exposure from the shopping center. The property's proximity to the Eastland Shopping Center and surrounding area offers major convenience to Banks, retail, shopping and dining outlets like Target, Dick's Sporting Goods, Starbucks, IKEA, Sprouts Farmers Market, Fogo de Chao and many more. Currently generating $31,396+- in monthly income, this income-producing multi tenant commercial property offers low vacancy and investors an opportunity to acquire an established office asset. The building is located only 0.3 of a mile from the 10 freeway between the Barranca and Citrus offramps. The location offers potential appeal to a variety of professional office users and businesses seeking a presence in this well-established market. This is an opportunity to own a substantial commercial muti tenant office property with existing income, paid for Solar and long-term investment potential. Buyer to verify all property information, income, expenses, square footage, lot lines, zoning, and permitted uses to their satisfaction.
| MLS # | CV26223270 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Building Name | WORKMAN |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 19 |
| Listing Provided By | CENTURY 21 CITRUS REALTY INC | Albert Rodriguez |
| SQ Feet | 20,784 |
|---|---|
| Story(s) | 2 |
| Units | 21 |
| Building(s) | 2 |
| Acreage | 1.10 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Construction Materials | Stucco |
|---|---|
| Lot Features | Two To Five Units Acre, Lot Over40000Sqft, Near Public Transit, Sprinkler System |
| Fencing | Block, Chain Link |
| Utilities | Sewer Connected |
|---|
| Property | 68750 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Covina |
| Zip Code | 91723 |
| Area | 614 Covina |
| Listing VS Median (in 91723) | |
Price: $5,500,000 low | high Med: $569,500 sqft: 20,784 low | high Med: 867 $ / sqft: $265 low | high Med: $680 On site: 19 low | high Med: 74 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Covina |
| Zip Code | 91723 |
| Area | 614 Covina |
| Listing VS Median (in 91723) | |
Price: $5,500,000 low | high Med: $569,500 sqft: 20,784 low | high Med: 867 $ / sqft: $265 low | high Med: $680 On site: 19 low | high Med: 74 | |