266 S Glendora Ave, West Covina, CA 91790 – Offered is a 3,420 SF medical office/retail building situated on a 5,452 SF lot, fully leased to two tenants: an established dental office and an 800 SF protein shake shop. Built in 1961 and well maintained, the property provides excellent street visibility along S Glendora Ave with strong customer traffic. This stable investment offers diversified tenancy, reliable cash flow, and is well positioned in a dense and growing West Covina trade area. Ideal for investors seeking a turnkey, income-producing asset in the San Gabriel Valley. Dental Lease expires October 31st, 2028. There are also Three (3) Seven (7) Year Option capped at 3%.
Actual Cap: 4.31%
Gross Income: 91,603.8
Expense for 2024: 29,610
Cap Rate: 3.7%
Improvements/Repairs
Upgraded finger extinguishers/equipment, installed new Exit signs/emergency lights, emergency signs + repaired ceiling tiles 2024 $2182
Dry wall water damage repair 2024 $2200
Pressure drip valve replacement 2024 $860
A/C pipe unclogged 2024 $650
2024
Income: 75553.80 + 16050
Expenses:
-property tax 13225.12
-insurance 2534
-maintenance 4200
-water 3560.43
-electric 198.84
-repairs 5892