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1414 S Azusa Ave West Covina, CA 91791

$37,500,000 Sold Price as of 04/06/2023

-- Beds
-- Baths
116,709 Sq.Ft.

Sold

$37,500,000 Sold Price as of 04/06/2023 Refinance Your Mortgage

Map preview of 1414 S Azusa Ave, West Covina, CA 91791

Property Overview: 1414 S Azusa Ave West Covina, CA has -- bedrooms, -- bathrooms, 116,709 living square feet and 410,856 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: <li>Rare opportunity to purchase a wholly-owned neighborhood center in the city of West Covina <LI>South Hills Plaza tenants include national and regional favorites: Tokyo Central, Fitness 19, Dunkin' Donuts/ BHkln Robbins Taco Bell, li la, USPS, Charter Communication, Sprint T- Moblle, and among others <LI>South Hills Plaza provides the immediate trade area with daily necessities and services for the local residents <LI>Situated at the signalized hard comer location of Azusa Avenue (State Highway 39) & East Aroma Drive with over 43,000 cars per day <LI>Large supporting base of residential households, nearby schools and community centers <LI>Extremly high average annual household Income of $123,642 within 1 mile radius <LI>Tenant synergy, proximate demographic and lImited alternatives in the trade area increase the probability of long-term occupancy at South Hills Plaza

Listed by Grace Zhang | BRE #01946544 | RE/MAX Galaxy

Last checked: 58 seconds ago | Last updated: April 7th, 2023 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft: 410,856
HOA Dues: $0/mo
Year built: --
Garage: --
Property Type:: Mixed Use

Status: Sold
MLS#: TR23043417
City: West Covina
County: Los Angeles
Time on Site: 419 days

Property Unit Breakdown

Unit Mix Summary

Total # of Units: --
Total # of Buildings: --

Property Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: --
Net Operating Income: --
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1414 S Azusa Ave

Interior Features

Laundry Information

None

Lot Details / Garage and Parking

Lot Information

Lot Features: 31-35 Units/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Parcel Number: 8493040179

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Water Source: Public

Location / Neighborhood

Location Information

Directions: S Azusa Ave

View more facts & features

Local West Covina Agent

Sale History for 1414 S Azusa Ave

Last sold for $37,500,000 on April 6th, 2023

April, 2023
Apr 6, 2023

Date

Sold

CRMLS: TR23043417

$37,500,000

Price
Mar 15, 2023

Date

Active

CRMLS: TR23043417

$41,900,000

Price
May, 2021
May 12, 2021

Date

Active

CRMLS: WS21100922

$5,250

Price
Listing provided courtesy of CRMLS

Pet Shop Wanted !! Landlord is offering huge incentives to qualified prospectives. Best deal in town. Excellent Location in West Covina. High visibility on busy Azusa Avenue and Aroma Drive with Signage The space for lease is located in a newly remodeled shopping center anchored by a high volume Tokyo Central (formerly “Marukai Market”), Dunkin' Donuts, Fitness 19, Taco Bell and United States Postal Service. Plenty of parking.

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May, 2021
May 11, 2021

Date

Active

CRMLS: WS21100313

$5,250

Price
Listing provided courtesy of CRMLS

Pet Shop Wanted !! Landlord is offering huge incentives to qualified prospectives. Best deal in town. Excellent Location in West Covina. High visibility on busy Azusa Avenue and Aroma Drive with Signage The space for lease is located in a newly remodeled shopping center anchored by a high volume Tokyo Central (formerly “Marukai Market”), Dunkin' Donuts, Fitness 19, Taco Bell and United States Postal Service. Plenty of parking.

Continue Reading
November, 2014
Nov 21, 2014

Date

Sold (Public Records)

Public Records

--

Price
July, 2009
Jul 15, 2009

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1414 S Azusa Ave

Assessed Value (2020): $21,346,891

Year	Land Value	Improved Value	Assessed Value
2020	$7,060,682	$14,286,209	$21,346,891

Home Value Compared to the Market

This property vs the competition

1414 S Azusa Ave sold on April 6, 2023 for 5009.76% 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 $359.01 per/sqft which puts the price per square foot 31.62% lower than the current median sale per square foot for the city of West Covina.

About 1414 S Azusa Ave

Detailed summary of property

1414 S Azusa Ave is a mixed use that recently sold in West Covina, CA 91791. This mixed use property offered -- bedrooms, -- bathrooms, roughly 116,709 living square feet, and sits on an approximately 410,856 square foot lot. 1414 S Azusa Ave was first listed on ArdentRealEstateGroup.com on March 15, 2023. The homeowner sold the property for $37,500,000. 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 5009.76% higher than the current median priced home. While the average home in West Covina, CA is selling in 56 days, 1414 S Azusa Ave has a days on market of 1 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 1414 S Azusa Ave West Covina, CA 91791 contact Ardent Real Estate Group and we will put you in touch with one of our West Covina agents.

Public Facts for 1414 S Azusa Ave

Public county record property details

Beds: --
Baths: --
Year built: 1982
Sq. Ft.: 81,543
Lot Size: 393,346
Stories: 1

Type: Community: Shopping Plaza, Shopping Center, Mini-Mall
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 8493-040-179

The source for these homes facts are from public records.

91791 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$980,000

Median List Price/Sq.Ft.

$519

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$514

Total Inventory

Median Sale to List Price %

100.1%

Avg Days on Market

Loan Type

Conventional (38.46%), FHA (0%), VA (7.69%), Cash (30.77%), Other (15.38%)

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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.