1005 E Amar Rd, West Covina, CA 91792
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1005 E Amar Rd West Covina, CA 91792

$4,290,000 Sold Price as of 05/04/2022
  • -- Beds
  • -- Baths
  • 14,895 Sq.Ft.
Sold
$4,290,000 Sold Price as of 05/04/2022 Refinance Your Mortgage

Map preview of 1005 E Amar Rd, West Covina, CA 91792

Property Overview: 1005 E Amar Rd West Covina, CA has -- bedrooms, -- bathrooms, 14,895 living square feet and 40,208 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stable busy neighborhood shopping center with upside located at the NE corner of Amar Road and Valinda Ave in West Covina, CA. Building 1 includes 10 inline suites currently 100% leased as 8 units, and Building 2 is a freestanding pad metered for 4 more suites, currently 100% leased as 2 units. These properties are anchored by Stater Bros (NAP) at 4-Way signalized location. Great investment opportunity in two buildings with upside opportunity to improve rents.

Listed by BRAD FREEMAN | BRE #01329426 | FREEMAN & ASSOCIATES
Last checked: 15 minutes ago | Last updated: May 4th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
40,208
HOA Dues
$0/mo
Year built
1975
Garage
--
Property Type:
Retail
Status
Sold
MLS#
EV22020898
City
West Covina
County
Los Angeles
Time on Site
825 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 10
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $254,741
  • Net Operating Income: $214,095
  • Gross Operating Income: --
  • Vacancy Allowance: $40,645
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1005 E Amar Rd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Lot Over 40000 Sqft, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Parcel Number: 8743006041
  • Year Built Source: Assessor
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Five blocks west of Azusa Road - S of 10 Fwy and N of 60 Fwy
View more facts & features

Local West Covina Agent

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Sale History for 1005 E Amar Rd

Last sold for $4,290,000 on May 4th, 2022
  • February, 2022

  • Feb 2, 2022

    Date

    Active

    CRMLS: EV22020898

    $4,280,000

    Price

  • August, 2019

  • Aug 22, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2006

  • Mar 16, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1005 E Amar Rd

Assessed Value (2020): $1,929,241
Year Land Value Improved Value Assessed Value
2020 $1,040,006 $889,235 $1,929,241

Home Value Compared to the Market

This property vs the competition

1005 E Amar Rd sold on May 4, 2022 for 421.95% higher than the current median sold price for the city of West Covina which is $820,000. The median sold price per/sqft for West Covina is $525 and this home is sold at $287.34 per/sqft which puts the price per square foot 45.27% lower than the current median sale per square foot for the city of West Covina.

About 1005 E Amar Rd

Detailed summary of property

1005 E Amar Rd is a retail that recently sold in West Covina, CA 91792. This retail property offered -- bedrooms, -- bathrooms, roughly 14,895 living square feet, and sits on an approximately 40,208 square foot lot. 1005 E Amar Rd was first listed on ArdentRealEstateGroup.com on February 2, 2022. The homeowner sold the property for $4,290,000. Home in West Covina are selling for a median price of $820,000 and a median price per square foot of $525. Based on Ardent Real Estate Group's West Covina Market Data, this home is sold 421.95% higher than the current median priced home. Local homes that are currently for sale include 2210 E Highland Ave. While the average home in West Covina, CA is selling in 56 days, 1005 E Amar Rd has a days on market of 5 days. There are currently 94 homes for sale in the West Covina real estate market and 77 of them are single family homes while 10 of them are condos and 7 are townhomes. For more information on this home for sale at 1005 E Amar Rd West Covina, CA 91792 contact Ardent Real Estate Group and we will put you in touch with one of our West Covina agents.

Public Facts for 1005 E Amar Rd

Public county record property details
Beds
--
Baths
--
Year built
1975
Sq. Ft.
10,880
Lot Size
40,208
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8743-006-041

The source for these homes facts are from public records.

91792 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$785,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$546
Total Inventory
25
Median Sale to List Price %
103.23%
Avg Days on Market
10
Loan Type
Conventional (55.56%), FHA (33.33%), VA (0%), Cash (11.11%), Other (0%)

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Related Resources to 1005 E Amar Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.