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N Barranca Ave, Covina CA
Property
Type: Office Size: 4,200 sf Lot Size: 11,325 sf Year Built: 1962 (renovated
2004) Stories: 1 Units: 7 (reduced to 5) Acquired:
July 2003 Acquisition Price: $305,000 Divested: January 2005 Sale
Price: $785,000 About a mile north of the 10 Freeway, this office building
is situated on a high-traffic street among residential, retail, industrial, and
office properties. Built in 1962, the property has undergone extensive rehab in
2003-2004 to improve and modernize the facility. The end result is a stylish property
consisting of five office suites, each separately metered for electric and wired
for networking. Improvements include roof, HVAC, landscaping, parking areas, concrete
walkways, complete interior rehab, all new windows, upgraded bathrooms, separate
electric meters. |