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1539 W Garvey Ave N
West Covina, CA 91790

Prime San Gabriel Valley Medical plaza · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
22,564 SF
Building Class
B
Year Built
1962
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,282 SF
Building FAR
0.31
Lot Size
1.67 AC
Zoning
WCNC*
Parking
113 Spaces (5.01 Spaces per 1,000 SF Leased)

About 1539 W Garvey Ave N , West Covina, CA 91790

Rare to find high CAP RATE (5.2%) commercial property in prime San Gabriel Valley location with two long term national medical office tenants. Renovated in 1991. Property's lot size is around 72,522 SF / 1.66 Acres, building size (two buildings) is around 23,360 SF. Please check with city for the possibility of property subdivision The property is currently 100% leased to five long term tenants with two anchor tenants’ remaining lease term of 4-6 years. The property has maintained high historical occupancy where the average tenancy at the project is approximately 30 years. Presently the ground floor spaces are leased to national tenant DaVita Dialysis and Kaiser Permanente (Kaiser recently renewed through October 2022). The property has all ground level parking at 5 spaces per 1,000 SF and is comprised of two buildings that offer suite sizes ranging from 1,267-11,098 SF, which is best fit for medical office users and standard office tenants. Further, more than 76% of the building area is comprised of ground floor space which gives medical office easy access for ambulatory type services. The project is extremely well maintained and boasts mature well-groomed landscaping for a warm and welcoming professional environment. West Covina Medical Square addresses - 1539, 1541-1555 W. Garvey Ave North, West Covina Submit your offer today, it Won't last long!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8458-025-036
Land Assessment
$2,809,080
Improvements Assessment
$4,681,800
Total Assessment
$7,490,880
  • Listing ID: 14208795

  • Date on Market: 10/26/2018

  • Last Updated:

  • Address: 1539 W Garvey Ave N, West Covina, CA 91790

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