Covina, CA 91723,607 S Barranca AVE
Covina, CA 91723,607 S Barranca AVE
Covina, CA 91723,607 S Barranca AVE
Covina, CA 91723,607 S Barranca AVE
Covina, CA 91723,607 S Barranca AVE
Covina, CA 91723,607 S Barranca AVE
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$2,000,000

$2,400,000

16.7%
Est.Price: ?

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Est. payment /mo

0.45 Acres Lot


SOLD DATE : 08/01/2024

Key Details

Sold Price $2,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV22046241

Sold Date 08/01/24

HOA Y/N No

Year Built 1966

Lot Size 0.446 Acres

Property Description

We are PLEASE TO INTRODUCE THIS MAJOR BRAND STATION (BUSINESS ONLY) FOR SALE
ASKING PRICE: $2,500,000

LOCATED IN BEAUTIFUL CITY OF COVINA, AND SURROUNDED BY MANY APARTMENTS, SCHOOL AND SHOPPING CENTERS
NEAR FREEWAY LOCATION WITH BEER AND WINE LICENSE
1,320,000 GALLONS OF GASOLINE AND DIESEL SALES LAST YEAR AT 45CT MARGIN
STORE $23,000/MO PLUS $10,000 PER MONTH IN LOTTERY
CAR WASH 95% completed will be delivered 100% operating. Approved-85 PRE APPROVED.
RENT: $11,000 / PER YEAR 3% YEARLY INCREASE
18YEARS LEFT ON MASTER LEASE,
SUPPLY AGREEMENT UP FOR RENEWAL IN 8 YEARS
5 DISPENSERS 3 PLUS 1 AND ABOUT 2.200 SF STORE
OPEN 5AM - 11Pm /7 DAYS WITH ROOM TO EXTEND HOURS OF OPERATION TO INCREASE SALES VALUME
DOR MORE INFORMATION

PRINCIPALS ONLY

Location

State CA

County Los Angeles

Area 614 - Covina

Interior

Fireplace No

Others

Tax ID 8451008009

Financing Conventional

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California Regional MLS (CRMLS)
Listed by GHYDAN RABADI • BRIDGE REALTY • 626-712-4776
Bought with MYRAH PONCE • WEST SHORES REALTY
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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