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$20,792,000
1530 W Covina, West Covina, CA 91790
0 Beds
0 Baths
37,500 SqFt

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Great investment property! A Single Tenant NNN Lease 24 Hour Fitness located in West Covina, in Los Angeles County. The property consists of a 2 Story approximate 37,500 sq.ft. Gym on a 1.56 AC, included in the sale is the adjacent three-level Parking Structure with 240-space. The subject property was built in 1962 & renovated in 2001. The Tenant has taken on major improvements to the site, including newly renovated locker rooms, pool area, and a new roof installed at the sole cost of the Tenant. It located right across West Covina City Hall & about 0.5 miles away from the Porto's Bakery & Sunset Parkway Shopping Mall, very convenient and high traffic counts.
  • Price:
  • $20,792,000
  • Square Footage:
  • 37,500
  • Acreage:
  • 1.58
  • Year Built:
  • 1962
  • Listing ID #:
  • AR22090038
  • Street Address:
  • 1530 W Covina
  • City:
  • West Covina
  • State:
  • California
  • Postal Code:
  • 91790
  • County:
  • Los Angeles
  • Community:
  • Not Defined
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 37500
  • Year Built:
  • 1962
  • Business Type:
  • Fitness
  • Net Operating Income:
  • 1039500
  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Features:
  • Lot Over 40000 Sqft
  • Lot Size:
  • 68668
  • Lot Square Footage:
  • 68668
  • On Market Date:
  • 2022-05-06
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash To New Loan
  • Existing Water:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Katherine Quach with Treeline Realty & Investment
  • CACRMLS

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