1027 Amar RdWest Covina, CA 91792

  • Retail properties
  • 23,845 SF
For Lease
$25.80/SF/YR View listing

Property Details for 1027 Amar Rd

Year built
1988
Construction
WOOD
Lot size
1.97 AC
Property size (Sq ft)
23,845 SF
Zone code
WCCN*
Property type
Retail properties
Property subtype
Retail space
APN
8743-006-043
APU
8743006043

Description

This exceptional retail property, located at 1027-1047 E Amar Rd in West Covina, CA 91792, offers 14,975 square feet of space across multiple tenancies. The property sits on a sizable 54,464 square foot lot and is zoned N-C (Neighborhood Commercial), providing flexibility for a variety of retail uses. Five individual spaces are currently available, ranging in size from 440 to 2,232 square feet, perfect for restaurants, cafes, or general retail businesses. Its prime location at the intersection of Amar Rd and Valinda Ave ensures high visibility and accessibility, benefiting from significant traffic flow. The surrounding area boasts a thriving commercial environment, with nearby establishments including Stater Bros., Eastland Center, and Shadow Oak Park, creating a strong customer base. This property presents a unique opportunity to establish or expand a business in a vibrant and well-established West Covina community. The property's APN is 8743-006-041, 8743-006-044.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,674,440
    6.5%
    $8,930,253
    7%
    $8,292,378
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,442,972
    Geo Method
    $11,426,600
  • Alternative Use

    Use
    Valuation
    Residential
    $7,533,002
    Hospitality
    $6,900,190
    Educational
    $5,740,876
    Medical
    $5,938,314
    Retail
    $8,930,253
1027 Amar Rd, West Covina, California

Location Insight

City
West Covina
County
Los Angeles
State
California
Latitude
34.0362
Longitude
-117.924
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$58,510
$1,430,299
$2,831,979
$4,262,278
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