Sold

Closed

607 S Barranca Avenue

Covina CA, 91723

$2,000,000


Sold

Closed

Commercial

Built in 1966

Listed by GHYDAN RABADI with BRIDGE REALTY 626-712-4776

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

CV22046241

MLS ID

March 8, 2022

Listed

August 30, 2024

Updated

Map

607 S Barranca Avenue
Covina CA, 91723

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.45 Acres

Other Property Details

Area Name

614 - Covina


Days on Market

664


Garage

No


View

No


County

Los Angeles


Pool

No

Listing History

Date

Event

Price

8/9/2024

Sold

$2,000,000

2/22/2024

Under contract

7/28/2023

Price change

$2,400,000

-4%

Listing Contact: 818-512-7763 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:19 PM UTC

 

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