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Jim, Justin and Vickie, Sales Associate
SOLD
$1,500,000
Date 05/15/2023

1400 E Cypress Street
Covina, CA 91724

Other
Residence
3,294
Sqft
0.327
Lot Size
Listing Agent: Tony Lopez - Amberwood Real Estate
If you are looking to expand your commercial rental investment portfolio, you've come to the right place! Excellent location, built-in 1963. This office building has had one permanent tenant since construction - Cypress Animal Hospital. The new 5-year lease begins in March 2023 with a triple net lease and a 5-year option. All repairs inside the building are the tenant's responsibility including maintenance. The owner pays for any repairs outside the building and gardening. The veterinarian and pet grooming industry is a fast-growing business with potential franchise expansion, so vacancy is never an issue. Finding tenants for this or future investments will never be a significant concern. We're looking for a savvy investor/ entrepreneur who wants to grow his/her commercial rental portfolio. And if you've never considered this type of investment, give me a call to discuss your growth investment potential. Click the link below to see the Virtual Tour. https://my.matterport.com/show/?m=Ve7BFevsnSP&title=0&brand=0
RS23021576
Other, 1 Story
Los Angeles
1963
0.327 Acres
Public
1
Block
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Listing Agent: Tony Lopez - Amberwood Real Estate
Licensed in: DRE# 01752038
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