Financial
Distress signals
Property profile

505 1st Ave 1 Covina, CA 91723

OFF-MARKET
Apartment buildings
Property ID
US10-0348107
4,400 SF 0.18 ac lot Built 1959
Last sale Jan 2004 · $660,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$921k
Assessed land$279k
Assessed improvement$643k
Effective rate1.42%

Value estimate

· Sep 2026
$630k
$567k – $693k
AI approach$655k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$249/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$157 – $331
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CVR3-RD125
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Smoke and Vape Shop9.2
Butcher8.5

Location

505 1st Ave, Unit 1 Covina, CA 91723-3160
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
275 Orlando, Covina, CA 91723-3016 $1,815,000 Apr 2025 3,944 SF
219 Ctr, Covina, CA 91723-2556 $1,575,000 Jan 2025 4,486 SF
207 Grandview, Covina, CA 91723-2377 $683,000 Jul 2024 3,960 SF
316 Orlando, Covina, CA 91723-3037 $1,635,000 Jun 2024 4,692 SF
533 Eremland, Covina, CA 91723-3108 $4,000,000 Mar 2024 4,888 SF
502 Hurst, Covina, CA 91723-1322 $1,200,000 Oct 2023 4,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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