Financial
Distress signals
Property profile

278 Rowland St Covina, CA 91723

OFF-MARKET
Retail space
Property ID
US09-7892121
3,640 SF 0.23 ac lot Built 1960
Last sale Sep 2020 · $505,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 3,640-square-foot commercial building constructed in 1960 and configured to accommodate spa and wellness use. A tenant space within the building provides approximately 900+ square feet and includes an open-layout interior, one bathroom, and prior buildout suited to hair salon operations. The site offers parking behind the building, and the property is positioned with access to I-10 and I-210, with nearby landmarks and transit including Eastland Center, Downtown, and Metro Rail. The lease structure is described as modified gross.

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?
$11k
Tax billed · 2024
Assessed value$870k
Assessed land$610k
Assessed improvement$260k
Effective rate1.28%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$575k
Sales comparison$740k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$230/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$152 – $286
Qualifying comparables28

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?
CVC3AY
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 Facility9.9
Smoke and Vape Shop8.5
Butcher8.4

Location

278 Rowland St Covina, CA 91723-3150
County assessor Recorded deeds · 4 transfers 28 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
221 Citrus, Covina, CA 91723-2004 $1,800,000 Dec 2024 4,699 SF
435 Citrus, Covina, CA 91723-2074 $625,000 Feb 2024 3,504 SF
332 Frnt, Covina, CA 91723-1648 $800,008 Jul 2023 3,322 SF
440 Barranca, Covina, CA 91723-1722 $1,450,014 Jun 2022 4,826 SF
322 Rowland, Covina, CA 91723 $700,007 Oct 2020 3,326 SF
215 Citrus, Covina, CA 91723-2624 $725,000 Aug 2020 2,920 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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