4 Acre Mixed-Use / Residential / Commercial Development

14,000,000
West Covina, CA
This listing is no longer available.
This listing is currently in escrow.

At-A-Glance

- Infill 4.03Acre development site located in the heart of Los Angeles County in West Covina -Development options include potential mixed-use, residential (20 du/acre), and commercial opportunities

-Adjacent to a busy Target, Home Depot, PetSmart, multiple grocery stores, etc. In addition the site benefits from its ideal location at AzusaAvenue (53,500 VPD) and Amar Road (28,569 VPD)

-Strong demographics within the immediate area with over 164,000 residents & 60,000 employees within a 3-mile radius, with an average household income above $107,000.

-There is a drive-through opportunity on a portion of the site with an active LOI from a national fast food restaurant at $370,000 NOI on a ground lease on 60,000 square feet of land.

Opportunity

Best Offer / Demiseable - Call Brokers for details

Highlights

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