OneV Capital Partners Completes Sale of Former CVS Site in West Covina to Turner Healthcare for Senior Care Transformation

West Covina, CA - April 18.2025 - OneV Capital Partners (www.onevcapital.com) has completed the sale of its 702 Azusa Avenue, West Covina property-formerly a CVS Pharmacy-to Turner Healthcare. This transaction aligns with OneV Capital’s strategy of investing in and repositioning undervalued assets to create long-term community value.

OneV Capital acquired the CVS property in 2015. Strategically located in a high-profile retail corridor, the site sits in a retail desert trade area characterized by strong credit tolerance, high traffic volumes, and a dense surrounding population. It is the first major drugstore visible along Azusa Avenue after exiting the I-10 freeway, offering exceptional visibility and accessibility.

Under Turner Healthcare’s leadership, the property will be repurposed into a state-of-the-art senior healthcare facility, expanding access to essential medical services for West Covina residents. The transformation underscores Turner Healthcare’s broader commitment to redeveloping real estate for critical healthcare solutions in underserved communities.

"We are proud to have facilitated this property’s transition into a healthcare hub that will directly serve the needs of the West Covina community,” said Brian Nguyen, Founder of OneV Capital Partners. "Turner Healthcare’s mission aligns with our investment philosophy-delivering sustainable value while making a meaningful impact on people’s lives.”

Since its founding in 2013, OneV Capital has focused on identifying and revitalizing undervalued real estate and F&B assets. This latest sale highlights the firm’s commitment to strategic capital deployment, ensuring both sustainable growth and positive community outcomes.

For more information on Turner Healthcare’s initiatives, visit Turner Impact Healthcare.