970 Village Oaks Drive

Covina, CA 91724

$4,800,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $245 / sqft

1981

calendar_month Built

Property Description

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. This significant amenity enhances the property's appeal and functionality. Prime Location and Accessibility: Located in close proximity to the 10 freeway, this property offers excellent visibility and convenient access for both local and visiting clientele. The close proximity to a nature park further enriches the location, providing a serene backdrop and recreational options for employees and visitors. Recently Upgraded: The building features new stucco and renovated offices, presenting a modern and professional aesthetic. These recent upgrades contribute to the property's turnkey appeal, requiring minimal additional investment prior to occupation. Opportunity Awaits: 970 S Village Oaks Drive represents a rare blend of location, versatility, and potential. Whether you're aiming to expand your investment portfolio or establish a base for your business, this property offers a foundation for success. Don't miss out on the chance to own a piece of Covina's commercial landscape. Contact us today to schedule a tour and take the first step towards your next venture.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 970 Village Oaks Drive
City Covina
State CA
Zip 91724
County Los Angeles
Listing Agent Krisante Gunewardena DRE#02073733
Co-Listing Agent James Laing DRE#01941264
Courtesy Of RE/MAX TOP PRODUCERS
MLS CV24042929
List Price $4,800,000
Status Active
Type Commercial
Subtype Office
Structure Size N/A
Lot Size N/A
Year Built 1981
DOM 46

Exterior Information

Maps

Listing information courtesy of: Krisante Gunewardena, James Laing, RE/MAX TOP PRODUCERS . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 15th, 2024 at 8:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.