281 E Workman Covina, CA $ 5,500,000
281 E Workman
$ 5,500,000
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281 E Workman

Covina, CA, 91723
$ 5,500,000
Bedrooms-- Baths-- Sq 20,784

Monthly Estimate*

$ 37,987

Listed by Albert Rodriguez, CENTURY 21 CITRUS REALTY INC, albert@c21citrus.com
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Commercial Property for sale in Covina, CA

for $5,500,000. This 20,784 square foot building was built in 1962 on a lot size of 1.0979.

Century 21 Commercial, Citrus Realty is pleased to present, The Eastland Professional Building! A rare opportunity featuring 2 freestanding office buildings with 10,392SF+- each, totaling 20784SF+-. Located at 271 & 281 E. Workman Avenue in Covina. Situated on a huge lot of 1.1 acres (47,824)SF+- offering 71 parking spaces. The Building is located across the street from Eastland Shopping center offering excellent exposure from the shopping center. The property's proximity to the Eastland Shopping Center and surrounding area offers major convenience to Banks, retail, shopping and dining outlets like Target, Dick's Sporting Goods, Starbucks, IKEA, Sprouts Farmers Market, Fogo de Chao and many more. Currently generating $31,396+- in monthly income, this income-producing multi tenant commercial property offers low vacancy and investors an opportunity to acquire an established office asset. The building is located only 0.3 of a mile from the 10 freeway between the Barranca and Citrus offramps. The location offers potential appeal to a variety of professional office users and businesses seeking a presence in this well-established market. This is an opportunity to own a substantial commercial muti tenant office property with existing income, paid for Solar and long-term investment potential. Buyer to verify all property information, income, expenses, square footage, lot lines, zoning, and permitted uses to their satisfaction.

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Commercial Active

Price

$ 5,500,000

Property Type

Commercial

Taxes

$ 68,750

Style

Lot Size

1.0979

Year Built

1962

Town/City

Covina

County/Region

Los Angeles

MLS | Web ID

CV26223270

Days on Market

6

Features
General
Heating Central
Cooling Central Air
Utilities Sewer Connected
Construction Materials Stucco
Year Built 1962
Property Subtype Office
Current Use Commercial
Building Name WORKMAN
County Los Angeles
Insurance Expense 12491
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Cross Street is E/Citrus St and W/Barranca
City Covina
Open Parking Spaces 71
Number Of Units Total 21
MLS Area 614 - Covina
Lot Size Units Square Feet
Lot Size Square Feet 47824
Number of Units Leased 20
Listing Terms Cash Cash to New Loan Owner May Carry
Tax Annual Amount 68750
Electric Expense 16633
Current Financing Other
Trash Expense 5304
Water Sewer Expense 3966
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Office
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Fencing Block Chain Link
Lot Features 2-5 Units/Acre Lot Over 40000 Sqft Near Public Transit Sprinkler System
Water Source Public
Total Parking 71
Lot Size Area 47824
Number of Buildings 2
Building Area Total 20784
Lot Size Acres 1.0979
Lot Size Source Assessor
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* Excluded Features
List By
Albert Rodriguez

Listing Agent

Century 21 Citrus Realty Inc

Broker

albert@c21citrus.com

Email

Affordability Calculator

$43,716
Per Month
87%
13%
0%
Monthly Principal & Interest
$37,987
Monthly Property Taxes
$5,729
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$5,500,000 Listed Price

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281 E Workman, Covina, CA, 91723 is a Commercial Property for sale at $5,500,000 with 20,784 sqft and a lot size of 1.0979. 281 E Workman was built in 1962. The property's zip code is 91723 which is in Covina, CA