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$5,500,000
New Listing

281 E Workman
Covina, CA 91723

For Sale|Office|Active
0
Beds
0
Total Baths
20,784
SqFt
$265
/SqFt
1962
Built
County:
Los Angeles
Listed by Albert Rodriguez of CENTURY 21 CITRUS REALTY INC [email protected]
281 E Workman281 E Workman281 E Workman281 E Workman
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Century 21 Commercial, Citrus Realty is pleased to present, The Eastland Professional Building! A rare opportunity featuring 2 freestanding office buildings with 10,392SF+- each, totaling 20784SF+-. Located at 271 & 281 E. Workman Avenue in Covina. Situated on a huge lot of 1.1 acres (47,824)SF+- offering 71 parking spaces. The Building is located across the street from Eastland Shopping center offering excellent exposure from the shopping center. The property's proximity to the Eastland Shopping Center and surrounding area offers major convenience to Banks, retail, shopping and dining outlets like Target, Dick's Sporting Goods, Starbucks, IKEA, Sprouts Farmers Market, Fogo de Chao and many more. Currently generating $31,396+- in monthly income, this income-producing multi tenant commercial property offers low vacancy and investors an opportunity to acquire an established office asset. The building is located only 0.3 of a mile from the 10 freeway between the Barranca and Citrus offramps. The location offers potential appeal to a variety of professional office users and businesses seeking a presence in this well-established market. This is an opportunity to own a substantial commercial muti tenant office property with existing income, paid for Solar and long-term investment potential. Buyer to verify all property information, income, expenses, square footage, lot lines, zoning, and permitted uses to their satisfaction.

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Listing Snapshot
Price 
$5,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
20,784 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.0979 Acres
Year Built 
1962
MLS® Number 
CV26223270
Status 
Active
Property Tax 
$68,750
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
17 hours agoListing first seen on site
17 hours agoListing updated with changes from the MLS®
General Features
Acres 
1.0979
Additional Property Use 
Commercial
Number Of Stories 
2
Parking Spaces 
71
Property Sub Type 
Office
Special Circumstances 
Standard
SqFt Total 
20784
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Fencing 
BlockChain Link
Lot Features 
Near Public Transit
Community Features
MLS Area 
614 - Covina
Financing Terms Available 
CashOwner May Carry


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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