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$5,190,000 Just Listed
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Property Description
Well-located multi-tenant retail investment opportunity 1535-1551 E Amar Road is a commercial property located within West Covina's established business environment, offering convenient access to surrounding residential communities, retail centers, and regional transportation routes. Positioned along Amar Road, the property benefits from visibility and connectivity that support a variety of commercial, office, retail, or service-oriented uses. Its location within the San Gabriel Valley provides access to a large consumer base, workforce population, and nearby business activity, making it well suited for businesses seeking a presence in a mature and active commercial market. The property's accessibility and proximity to major thoroughfares further enhance its appeal for tenants, owner-users, and investors alike.
The property is currently approximately 90% occupied and being offer at an approximately 6% going-in cap rate, providing investors with sable in-place income along with meaningful future upside. Current rents and expenses recoveries provide opportunities for additional income growth as leases renew and rents are adjusted toward market levels.
The only vacant space is a drive-through space which provides an additional opportunity to generate rental income and further increase NOI.
Full Property Details
Full Property Details for 1553 E Amar
General
- Price: $5,190,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: CV26221354
- Updated: Today (10/12/2026)
- Added to Site: Today
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: E. Amar & Azusa
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 13000
- Square Feet: 13,000
- Year Built: 1974
Lot Features
- Lot Size (Acres): 1.9347
- Useable Acres: 1.9347
- Lot Size (Sq. Ft.): 84,277
- Lot Size Source: Assessor
- Lot Features: Paved
- Lot Description: Paved
Financial Considerations
- Price Per Sq. Ft.: $399
Disclosures and Reports
- Property ID: 8735004001
Listed by Elevate Real Estate Agency, RachelKim
Get Pre-Approved Today
Schools
Schools serving 1553 E Amar
School District:Rowland Unified School District
| Name | Grades | Distance |
|---|---|---|
Villacorta Elementary School 17840 Villa Corta Street, La Puente, CA 91744 | K-6 | 1 mi |
Giano Intermediate School 3223 Giano Avenue, West Covina, CA 91792 | 7-8 | 1.2 mi |
Nogales High School 401 South Nogales Street, La Puente, CA 91744 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1553 E Amar
Date
Details
Price
Change
Source
10/12/2026
Listed
$5,190,000
36.58%
MLS
3/24/2011
Sold
$3,800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1553 E Amar
Year
Property Taxes
Change
Tax Assessment
Change
2025
$67,478
—
$4,965,835
2%
2025
$67,478
6%
$4,868,467
4%
2023
$63,957
2%
$4,679,421
2%
2022
$62,664
2%
$4,587,669
2%
2021
$61,690
1%
$4,497,716
1%
2020
$60,898
2%
$4,451,598
2%
2019
$59,813
6%
$4,364,312
2%
2018
$56,543
2%
$4,278,738
2%
2017
$55,434
2%
$4,194,842
2%
2016
$54,313
-16%
$4,112,591
2%
2015
$64,334
1%
$4,050,817
2%
2014
$63,924
2%
$3,971,468
—
2013
$62,429
—
$3,953,520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1553 E Amar
1553 E Amar, West Covina, CA 91792 (MLS# CV26221354) is a Retail property. 1553 E Amar is currently listed for $5,190,000 and was received on October 12, 2026. Want to learn more about 1553 E Amar? Do you have questions about finding other Retail real estate for sale in West Covina? You can browse all West Covina real estate or contact a Coldwell Banker agent to request more information.

