2003 E Cienega Avenue Covina, CA ^$ 5,200,000

2003 E Cienega Avenue

^$ 5,200,000

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Recently Listed

2003 E Cienega Avenue

Covina, CA, 91724

^$ 5,200,000

Studio Baths0.0

Monthly Estimate*

^$ 36,324

Listed by New Century Commercial

2003 E Cienega Avenue, Covina, CA 91724 - Image 1

2003 E Cienega Avenue, Covina, CA 91724 - Image 2

Studio

Commercial Property for sale in Covina, CA

for $5,200,000. The lot size is 1.5295.

**Attention Developers: Unbeatable development trio! Calling all developers to seize an unbeatable opportunity! This listing price is for parcel 8401-014-010 only. For $7,870,000.00, it is included 2 additional parcels 8401-014-017 and 8401-014-018. It adds up around 2.43 acres of prime development land. **Strategic plan** purchase all 3 parcels together for a seamless development process and maximum potential. **~2.43 acre ** There are ample space to bring your multi-unit development vision to life. ** Ideal location ** easy access to downtown Covina, freeway 210, 10 and other amenities. ** It is a great potential to create a thriving residential community or another innovative project. This is a rare chance to secure a trio of parcels that holds immense promise. Don't miss out on this opportunity to elevate your portfolio. Contact us now to make your mark in the world of real estate development!

Commercial Active

Price

^$ 5,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

UnimprovedLand

Lot Size

1.5295

Town/City

Covina

County/Region

Los Angeles

MLS | Web ID

WS24082545

Days on Market

Features

Exterior

Lot Features ValueInLand

Water Source Public

Lot Size Area 66624.0

Spa N

Lot Size Acres 1.5295

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Property SubType UnimprovedLand

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Cross street: Sunflower Ave

City Covina

View Y/N N

Senior Community Y/N N

MLS Area 614 - Covina

Lot Size Square Feet 66624.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Cienega

Listing Terms Cash CashtoNewLoan Contract OwnerMayCarry Submit

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional UnimprovedLand

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2003

* Excluded Features

List By

New Century Commercial

Broker

(626) 291-5803

Phone

Affordability Calculator

$36,324

Per Month

Monthly Principal & Interest: $36,324
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Covina, CA

Average List Price ^$1,984,560

Percent of Sale Price 62%

About Covina, CA

49,063 Population

5% Since 2002

^$68,132 Median Income

37.47 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$5,200,000		Listed Price

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2003 E Cienega Avenue, Covina, CA, 91724 is a Commercial Property for sale at $5,200,000 with a lot size of 1.5295. 2003 E Cienega Avenue is a studio with 0.0 baths. The property's zip code is 91724 which is in Covina, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. 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.

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2003 E Cienega Avenue

Commercial Property for sale in Covina, CA

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