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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Manufacturing properties
1018 Cypress St Covina, CA 91724-2016
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-8335747
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1960
Construction
TILT-UP CONCRETE
Total area
8,075 SF
Lot
0.43 ac (18,781 SF)
Zoning code
CVM1*
APN
8428-021-002
UPID
US09-8335747
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Culligan of Covina Home Appliance Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Pomeroy,tr · 23 yrs held
Pomeroy,tr
since 2003
7 recorded transactions
Zoning & alternative use
CVM1* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Covina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covina submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,905
Tax year 2024
Assessed value
$662,989
Assessed 2024
Previous assessed
$662,989
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$266,696
Assessed improvement
$396,293
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,075 SF
Lot
0.43 ac (18,781 SF)
Zoning code
CVM1*
APN
8428-021-002
UPID
US09-8335747
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVM1* · Covina, CA
Zoning CVM1* · permitted uses
CVM1* · Covina, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Pomeroy,tr
Individual
Mailing address
1018 E CYPRESS ST, COVINA, CA 91724-2016
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2003
—
Pomeroy,tr
Pomeroy,jonathan S & Pamela M
Quit Claim Deed
related
—
Jun 13, 2000
$440,000
Jonathan S Pomeroy
—
Grant Deed
related
—
Jun 13, 2000
—
Pomeroy,jonathan S & Mary P
Mann,f G & M F Trustees
Trustees Deed
related
—
Jan 27, 2000
—
Seymour,robert J & Ann R Trustee
Jaffe H L Trustee,
Grant Deed
related
—
Aug 28, 1992
$25,000
Mann Trust
Rayne,water Cond
Grant Deed
—
—
—
Pomeroy J S & P 2002 Trust
—
Deed Of Trust
related
$625,000 · Citizens Business Bank
—
—
Jonathan S Pomeroy
—
Deed Of Trust
related
$435,000 · Mann Trust
—
—
Pomeroy Jonathan S & P Trust
—
Deed Of Trust
related
$105,000 · Wells Fargo Bank
Oct 22, 1969
$35,000
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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