767 Sunset AveWest Covina, CA 91790

Property Details for 767 Sunset Ave

Year built

1967

Construction

WOOD

Lot size

1.29 AC

Property size (Sq ft)

12,380 SF

Zone code

WCOP*

Property type

Office properties

Property subtype

Office buildings

APN

8474-002-010

APU

8474002010

Description

This exceptional 12,380 square foot medical/professional office building is situated on a substantial 56,405-acre lot at 767 S Sunset Ave, West Covina, CA 91790. Built in 1967, this single-story Class C building offers a multi-tenant configuration with a gross lease type. The asking price is $4,500,000, translating to $363.49 per square foot. The property boasts a convenient location right off the 10 freeway and near Queen of the Valley Hospital, ensuring high visibility and accessibility. Existing medical build-outs are in place, and ample parking is available. The property is zoned WCOP and features a signalized corner location, enhancing its prominence and appeal. This owner-user investment opportunity presents a compelling combination of location, size, and functionality, making it ideal for a variety of medical and professional uses. The property's substantial lot size offers significant potential for future expansion or development. The Los Angeles County location, combined with its proximity to major transportation arteries, makes this a highly desirable asset. This is a rare opportunity to acquire a well-established medical office building in a thriving market. APN: 7484-002-010.

• CAP approach

  CAP return

  Valuation

  6%

  $3,317,330

  6.5%

  $3,062,151

  7%

  $2,843,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,344,378

  Geo Method

  $2,354,181

• Alternative Use

  Use

  Valuation

  Residential

  $3,797,067

  Hospitality

  $3,478,093

  Educational

  $2,893,732

  Medical

  $2,993,252

  Retail

  $4,501,362

Location Insight

City

West Covina

County

Los Angeles

State

California

Latitude

34.0675

Longitude

-117.94

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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