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1410 -1432 S Azusa, West Covina, CA 91791

Commercial property

1410 -1432 S Azusa, West Covina, CA 91791 Sold April 2023 CRMLS
$37,500,000Sold April 2023

Listing Agent: Grace Zhang (DRE #01946544) · Listing Office: RE/MAX Galaxy · Contact: 909-223-2297 · Bought with: Hamed Adibnatanzi · Alokee Inc. · MLS #TR23043417 · Source: CRMLS

116,709
Building Sq Ft
410,856 sqft
Lot Size
Commercial property
Type

About this commercial property

<li>Rare opportunity to purchase a wholly-owned neighborhood center in the city of West Covina <LI>South Hills Plaza tenants include national and regional favorites: Tokyo Central, Fitness 19, Dunkin' Donuts/ BHkln Robbins Taco Bell, li la, USPS, Charter Communication, Sprint T- Moblle, and among others <LI>South Hills Plaza provides the immediate trade area with daily necessities and services for the local residents <LI>Situated at the signalized hard comer location of Azusa Avenue (State Highway 39) & East Aroma Drive with over 43,000 cars per day <LI>Large supporting base of residential households, nearby schools and community centers <LI>Extremly high average annual household Income of $123,642 within 1 mile radius <LI>Tenant synergy, proximate demographic and lImited alternatives in the trade area increase the probability of long-term occupancy at South Hills Plaza

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$37,500,000
Sold April 2023 · listed $41,900,000, on market March 2023 · MLS #TR23043417 · Source: CRMLS
Listing Agent: Grace Zhang · Listing Office: RE/MAX Galaxy · Contact: 909-223-2297 · Bought with: Hamed Adibnatanzi · Alokee Inc.
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