1539 W Garvey Ave, West Covina, CA 91790
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1539 W Garvey Ave West Covina, CA 91790

$2,093
  • -- Beds
  • -- Baths
  • 1,102 Sq.Ft.
For Lease
$2,093 Get Pre-Qualified

Map preview of 1539 W Garvey Ave, West Covina, CA 91790

Property Overview: 1539 W Garvey Ave West Covina, CA has -- bedrooms, -- bathrooms, 1,102 living square feet and 72,522 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime West Covina office/medical office units for lease. 523 sf, 1,102 sf, 1,518 sf & 3,143 sf for lease. Close proximity to 10 & 605 Freeway. Asking $1.90 per sf plus $0.30 per sf NNN. 5:1 parking ratio.

Listed by Peter Loh | BRE #01031835 | RE/MAX Galaxy
Co-listed by Grace Zhang | BRE #01946544 | RE/MAX Galaxy
Last checked: 14 minutes ago | Last updated: February 13th, 2024 | Source CRMLS | DOM: 212

Home details

Lot Sq. Ft
72,522
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Office
Status
Active
MLS#
TR23159818
City
West Covina
County
Los Angeles
Time on Site
228 days

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Property Details for 1539 W Garvey Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Exterior Features
Exterior Information
  • Roof: Flat Tile
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 8458025036
  • Year Built Source: Assessor
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Location / Neighborhood
Location Information
  • Directions: W Sunset Ave / E Pacific Ave
View more facts & features

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Sale History for 1539 W Garvey Ave

Last sold for $6,330,000 on February 19th, 2020
  • September, 2023

  • Sep 15, 2023

    Date

    Active

    CRMLS: TR23159818

    $2,314

    Price

  • February, 2020

  • Feb 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $6,330,000

    Price

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: WS19233556

    $6,388,000

    Price

  • Nov 15, 2019

    Date

    Price Change

    CRMLS: WS19233556

    $6,388,000

    Price

  • Oct 2, 2019

    Date

    Active

    CRMLS: WS19233556

    $6,588,000

    Price

  • Listing provided courtesy of CRMLS

    Motivated Seller! $200K reduction!! Rare to find high CAP RATE (5.36%) commercial property in prime San Gabriel Valley location with two long term national medical office tenants. Renovated in 1991. Property's lot size is around 72,522 SF / 1.66 Acres, building size (two buildings) is around 23,360 SF. Please check with city for the possibility of property subdivision The property is currently 100% leased to five long term tenants with two anchor tenants’ remaining lease term of 4-6 years. The property has maintained high historical occupancy where the average tenancy at the project is approximately 30 years. Presently the ground floor spaces are leased to national tenant DaVita Dialysis and Kaiser Permanente (Kaiser recently renewed through October 2022). The property has all ground level parking at 5 spaces per 1,000 SF and is comprised of two buildings that offer suite sizes ranging from 1,267-11,098 SF, which is best fit for medical office users and standard office tenants. Further, more than 76% of the building area is comprised of ground floor space which gives medical office easy access for ambulatory type services. The project is extremely well maintained and boasts mature well-groomed landscaping for a warm and welcoming professional environment. West Covina Medical Square addresses - 1539, 1541-1555 W. Garvey Ave North, West Covina Submit your offer today, it Won't last long!

  • October, 2019

  • Oct 1, 2019

    Date

    Expired

    CRMLS: WS19155594

    $6,588,000

    Price

  • Jul 1, 2019

    Date

    Active

    CRMLS: WS19155594

    $6,588,000

    Price

  • Listing provided courtesy of CRMLS

    Rare to find high CAP RATE (5.2%) commercial property in prime San Gabriel Valley location with two long term national medical office tenants. Renovated in 1991. Property's lot size is around 72,522 SF / 1.66 Acres, building size (two buildings) is around 23,360 SF. Please check with city for the possibility of property subdivision The property is currently 100% leased to five long term tenants with two anchor tenants’ remaining lease term of 4-6 years. The property has maintained high historical occupancy where the average tenancy at the project is approximately 30 years. Presently the ground floor spaces are leased to national tenant DaVita Dialysis and Kaiser Permanente (Kaiser recently renewed through October 2022). The property has all ground level parking at 5 spaces per 1,000 SF and is comprised of two buildings that offer suite sizes ranging from 1,267-11,098 SF, which is best fit for medical office users and standard office tenants. Further, more than 76% of the building area is comprised of ground floor space which gives medical office easy access for ambulatory type services. The project is extremely well maintained and boasts mature well-groomed landscaping for a warm and welcoming professional environment. West Covina Medical Square addresses - 1539, 1541-1555 W. Garvey Ave North, West Covina Submit your offer today, it Won't last long!

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: WS19046349

    $6,588,000

    Price

  • Mar 1, 2019

    Date

    Active

    CRMLS: WS19046349

    $6,588,000

    Price

  • Listing provided courtesy of CRMLS

    Rare to find high CAP RATE (5.2%) commercial property in prime San Gabriel Valley location with two long term national medical office tenants. Renovated in 1991. Property's lot size is around 72,522 SF / 1.66 Acres, building size (two buildings) is around 23,360 SF. Please check with city for the possibility of property subdivision The property is currently 100% leased to five long term tenants with two anchor tenants’ remaining lease term of 4-6 years. The property has maintained high historical occupancy where the average tenancy at the project is approximately 30 years. Presently the ground floor spaces are leased to national tenant DaVita Dialysis and Kaiser Permanente (Kaiser recently renewed through October 2022). The property has all ground level parking at 5 spaces per 1,000 SF and is comprised of two buildings that offer suite sizes ranging from 1,267-11,098 SF, which is best fit for medical office users and standard office tenants. Further, more than 76% of the building area is comprised of ground floor space which gives medical office easy access for ambulatory type services. The project is extremely well maintained and boasts mature well-groomed landscaping for a warm and welcoming professional environment. West Covina Medical Square addresses - 1539, 1541-1555 W. Garvey Ave North, West Covina Submit your offer today, it Won't last long!

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: WS18257805

    $6,588,000

    Price

  • Oct 24, 2018

    Date

    Active

    CRMLS: WS18257805

    $6,588,000

    Price

  • Listing provided courtesy of CRMLS

    Rare to find high CAP RATE (5.2%) commercial property in prime San Gabriel Valley location with two long term national medical office tenants. Renovated in 1991. Property's lot size is around 72,522 SF / 1.66 Acres, building size (two buildings) is around 23,360 SF. Please check with city for the possibility of property subdivision The property is currently 100% leased to five long term tenants with two anchor tenants’ remaining lease term of 4-6 years. The property has maintained high historical occupancy where the average tenancy at the project is approximately 30 years. Presently the ground floor spaces are leased to national tenant DaVita Dialysis and Kaiser Permanente (Kaiser recently renewed through October 2022). The property has all ground level parking at 5 spaces per 1,000 SF and is comprised of two buildings that offer suite sizes ranging from 1,267-11,098 SF, which is best fit for medical office users and standard office tenants. Further, more than 76% of the building area is comprised of ground floor space which gives medical office easy access for ambulatory type services. The project is extremely well maintained and boasts mature well-groomed landscaping for a warm and welcoming professional environment. West Covina Medical Square addresses - 1539, 1541-1555 W. Garvey Ave North, West Covina Submit your offer today, it Won't last long!

  • September, 2018

  • Sep 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $5,900,000

    Price

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Tax History for 1539 W Garvey Ave

Assessed Value (2020): $6,018,000
Year Land Value Improved Value Assessed Value
2020 $1,938,000 $4,080,000 $6,018,000

Home Value Compared to the Market

This property vs the competition

1539 W Garvey Ave is currently listed for lease in the city of West Covina. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of West Covina has a median list price of $875,000. The median price per/sqft for West Covina is $542. With those numbers in mind, if you are looking to purchase a median priced home in West Covina, CA and put 20% down you will need to save up $175,000 for the down payment and will need roughly $17,500 for closing costs on top of the down payment.

About 1539 W Garvey Ave

Detailed summary of property

1539 W Garvey Ave is a office for lease located in West Covina, CA 91790. This office offers -- bedrooms, -- bathrooms, roughly 1,102 living square feet, and sits on an approximately 72,522 square foot lot. 1539 W Garvey Ave was first listed on ArdentRealEstateGroup.com on September 15, 2023. The homeowner is currently asking $2,093. Local homes that are currently for sale include 1257 E Mobeck St, 1106 S Neff and 925 E Florence Ave. While the average home in West Covina, CA is selling in 58 days, 1539 W Garvey Ave has a days on market of 212 days. There are currently 89 homes for sale in the West Covina real estate market and 74 of them are single family homes while 8 of them are condos and 7 are townhomes. For more information on this home for lease at 1539 W Garvey Ave West Covina, CA 91790 contact Ardent Real Estate Group and we will put you in touch with one of our West Covina agents.

Public Facts for 1539 W Garvey Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
23,360
Lot Size
72,527
Stories
1
Type
Professional Bldg (Legal; Insurance; Real Estate; Business)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8458-025-036

The source for these homes facts are from public records.

91790 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$869,800
Median List Price/Sq.Ft.
$537
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$504
Total Inventory
29
Median Sale to List Price %
105.64%
Avg Days on Market
18
Loan Type
Conventional (75%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

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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.