281 E Workman

Covina, CA 91723
  • $5,500,000

    Price
  • 20,784

    SqFt
  • 1.1

    Acre

About the Listing 2015 - C12315

Century 21 Commercial, Citrus Realty is pleased to present, The Eastland Professional Building! A rare opportunity featuring 2 freestanding office buildings with 10,392SF+- each, totaling 20784SF+-. Located at 271 & 281 E. Workman Avenue in Covina. Situated on a huge lot of 1.1 acres (47,824)SF+- offering 71 parking spaces. The Building is located across the street from Eastland Shopping center offering excellent exposure from the shopping center. The property's proximity to the Eastland Shopping Center and surrounding area offers major convenience to Banks, retail, shopping and dining outlets like Target, Dick's Sporting Goods, Starbucks, IKEA, Sprouts Farmers Market, Fogo de Chao and many more. Currently generating $31,396+- in monthly income, this income-producing multi tenant commercial property offers low vacancy and investors an opportunity to acquire an established office asset. The building is located only 0.3 of a mile from the 10 freeway between the Barranca and Citrus offramps. The location offers potential appeal to a variety of professional office users and businesses seeking a presence in this well-established market. This is an opportunity to own a substantial commercial muti tenant office property with existing income, paid for Solar and long-term investment potential. Buyer to verify all property information, income, expenses, square footage, lot lines, zoning, and permitted uses to their satisfaction.

Listing Highlights for 281 E Workman

Status Active
Days on Site 1
Property Type Commercial Sale
MLS ® CV26223270
Year Built 1962
Total Square Footage 20,784
Lot/Acreage 1.1
County Los Angeles
Building Name WORKMAN

Interior Details

  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 2-5 Units/Acre,Lot Over 40000 Sqft,Near Public Transit,Sprinkler System,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 71
  • Roof:
  • Others: Stucco,2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: $68,750
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8451010018
  • Tax Year: N/A

Payment Calculator

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Listing Location

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281 E Workman Covina, CA 91723

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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