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Financial
Distress signals
Property profile

701 Grand Ave Covina, CA 91724

OFF-MARKET
Drive through restaurants
Property ID
US10-0196751
3,025 SF 0.51 ac lot Built 2004
Last sale Jul 2026 · $2,680,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A commercial property totaling approximately 3,095 square feet of interior space, configured to support retail and office uses. The property is located in Covina, California.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$22k
Tax billed · 2024
Assessed value$1.77M
Assessed land$893k
Assessed improvement$873k
Effective rate1.24%

Value estimate

· Oct 2026
$2.95M
$2.66M – $3.25M
Submarket $/SF estimate$3.40M

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$651/SF
County average, outlier-cleaned · 934 recorded sales of this use type
Observed band · Q1–Q3$272 – $1,124
Qualifying comparables22

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?
CVC2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop11.3
Tailor Shop9.8
Grocery Store9.7

Location

701 Grand Ave Covina, CA 91724-2416
County assessor Recorded deeds · 9 transfers 22 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
826 Glendora, Covina, CA 91724-2528 $1,300,000 Jun 2024 6,240 SF
4544 Grand, Covina, CA 91724-2431 $795,007 May 2022 2,560 SF
905 Wingate, Covina, CA 91724 $710,007 Oct 2020 1,840 SF
948 Arrow, Covina, CA 91724-1019 $775,000 Nov 2019 2,116 SF
904 Arrow, Covina, CA 91724-1019 $1,500,000 Jun 2019 4,313 SF
837 Glendora, Covina, CA 91724-2529 $950,009 Feb 2019 3,360 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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