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970 S Village Oaks Dr Covina, CA, 91724
$4,800,000 $300,000 Commercial for sale Office
For Sale: Premier 2-Story Commercial Office Building at 970 S Village Oaks Dr, Covina, CA 91724 Nestled in the vibrant heart of Covina, California, this distinguished 2-story commercial office building presents a unique opportunity for both savvy investors and businesses looking for owner-use space. Ideally situated at 970 S Village Oaks Drive, this property boasts a strategic location, exceptional amenities, and versatile use options, making it a standout offering in the market. Key Features: Medical/Dental Use Permitted: Operate within the thriving medical and dental sectors with ease, thanks to compliance with approved city guidelines for medical and dental use. This feature opens the door to a wide range of professional services and practices seeking a prime location. Owner Use or Investment Opportunity: Whether you're looking to establish your own business premises or diversify your investment portfolio, this property offers the flexibility to accommodate your needs. With a 5% cap rate and a history of low vacancy, investors can look forward to a steady income stream, while owner-users will find ample space for their operations. Ample Parking: The property includes a generous allocation of 70 parking spaces, ensuring easy access for employees, clients, and visitors alike. Th
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Property details
19,538 sqft interior area
Land area
60,713 sqft (1.39 acres)
Days on Verhouse
79
Address
970 S Village Oaks Dr, Covina, CA, 91724
City of California
Covina
County
Los Angeles
Previous price
$5,100,000
Year Built
1981
District
Listing
Nearby major retailers
Costco
Lowe's
ALDI
Albertsons
Trader Joe's
T-Mobile
Walmart Supercenter
Aldi
Wholesale: 1
Do it yourself: 2
Supermarket: 9
Mobile phone: 1
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Listed by
Krisante Gunewardena, RE/MAX TOP PRODUCERS
Name
Krisante Gunewardena
License number
02073733
Brokerage company
RE/MAX TOP PRODUCERS
MLS #
CRCV24042929
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Calculate your monthly payments
Mortgage
$14,738
Taxes
$0
HOA dues
$0
Mortgage
$960,000 / 20%
2.28%
30 years
Your amount
$14,738 / month
Lot details
TMK #8447031050
Parcel nr.
8447031050
91724 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91724
40%
Families with children
National average: 39%
23%
Non family households
221,195
Population
$98,311
Average Income
Age & gender
Median age 39 years
More info
Commute types
89% commute by car
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Education level
23% have high school education
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Number of employees
4% work in education and healthcare
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Vehicles available
36% have 2 vehicle
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Vehicles by gender
36% have 2 vehicle
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Housing market insights for
$944.77k
Neighborhood average
sales price*
sales price*
$832.5k
Neighborhood median
sales price*
sales price*
340
Number
of sales*
of sales*
Housing type
67% are single detacheds
More info
Rooms
34% of the houses have 6 or 7 rooms
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Bedrooms
58% have 2 or 3 bedrooms
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Owners vs Renters
67% are owners
More info
9 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Apr 16, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 16, 2024 | Price Decrease | $4,800,000 -5.88% | 0 | MLS #CRCV24042929 |
| Mar 1, 2024 | New Listing | $5,100,000 | 0 | MLS #CRCV24042929 |
Taxes of 970 S Village Oaks Dr, Covina, CA, 91724
CVA1 zoning / MLS #CRCV24042929
Zoning
CVA1
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Frequently Asked Questions about 970 S Village Oaks Dr
What is 970 S Village Oaks Dr?
970 S Village Oaks Dr is a Commercial/Industrial propertywith 19,538 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
970 S Village Oaks Dr, Covina, CA, 91724.
What comparable properties are nearby?
Comparable nearby commercial properties include 607 S Barranca Ave, 425 E Front St, 2003 E Cienega Ave, 544 N Rimsdale Ave, 3106 E Garvey Ave, 1717 S Grand Ave.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 16, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Vons, 1.05 miles away and Walmart Supercenter, 1.38 miles away.
The 91724 zip area has a population of 221,195, and 40% of the families have children. The median age is 39.52 years and 89% commute by car. The most popular housing type is "single detached" and 67% is owner.
