West Covina Office Building $4,365,000

Building Size:	20,300 SF
Lot Size:	53,339 SF

Price/SF:	$215.02
Cap Rate:	9.26%

Property Description:
The offering is comprised of a pair of Office Buildings totaling 20,300 SF of rentable area in the city of West Covina. The subject property is ideally located in the heart of the West Covina Office market in-between major on/off ramps to Interstate 10 - Barranca Street and Citrus Avenue. In addition, the subject property is located directly across from the Eastland Center Mall with retailers including: Target, IKEA, Ross, Bed Bath & Beyond, Circuit City, and restaurants such as TGI Fridays, Islands, BJ's, and more.

This investment provides an investor the unique opportunity to acquire an investment with huge upside potential with below average rents, ideal location in the bustling West Covina Office Market. By taking current rents to market, an investor could achieve a 9% cap rate return.

Property Types:	Office Building Medical Office	Parking Ratio:	3.94 / 1,000 SF
	Office-Business Park
	Office-R&D

Net Operating Income:$404,200

Tenancy Type: Multiple

West Covina Bank Owned Property $320,000

Bed:	3
Bath(F,T,H,Q):	1

Sqft: 1,112
Lot SF: 9,740
YrBuilt: 1954

Description: Bank owned property. This home was previously updated and needs minor cosmetic repairs. Newer kitchen with natural wood cabinets and built-ins. Laminated wood flooring in LR & DR. Living room has a corner fireplace. The garage has been converted to living quarters with a 3/4 bath and kitchenette. (No permit). Large yard offers potential for future expansion. Property sold in "AS IS" condition.