1901 W. Pacific Ave. | 1901 W Pacific Ave
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1901 W. Pacific Ave. 1901 W Pacific Ave
14,014 SF 100% Leased Office Building West Covina, CA 91790 $2,825,000 ($202/SF) 5.86% Cap Rate
Investment Highlights
- Two-Story Office Building
- Fully Leased to 9 Tenants
- Efficient Office Layouts
- Elevator Service and Private Parking Lot with 44 Spaces
- One Tenant MTM at 1,536 SF
- Close proximity to I-10 Freeway
Executive Summary
Lee & Associates Pasadena is pleased to present for sale 1901 W Pacific Avenue located in West Covina, CA near Civic Center. Zoned for professional office use this property includes elevator service and private parking. Don’t miss this rare opportunity to own a highly efficient and well-positioned office building with I-10 freeway exposure.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,014 SF
Building Class
C
Year Built
1984
Price
$2,825,000
Price Per SF
$202
Cap Rate
5.86%
NOI
$165,545
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,007 SF
Building FAR
0.37
Lot Size
0.87 AC
Zoning
O-P
Parking
40 Spaces (3.18 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 8459-026-097 | Improvements Assessment | $1,231,079 |
| Land Assessment | $724,160 | Total Assessment | $1,955,239 |
PROPERTY TAXES
Parcel Number
8459-026-097
Land Assessment
$724,160
Improvements Assessment
$1,231,079
Total Assessment
$1,955,239
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1901 W. Pacific Ave. | 1901 W Pacific Ave
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