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Property profile & analytics
OFF-MARKET
Estimated value
$3,580,000
Super regional malls
1129 Ww Covina Pkwy West Covina, CA 91790-2812
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0369462
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1974
Construction
WOOD
Total area
3,140 SF
Lot
0.28 ac (12,289 SF)
Zoning code
WCCR*
APN
8474-003-060
UPID
US10-0369462
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.44M
Blend (final)
Blend
$3.58M
Owner & transaction history
Gam Venture Two LLC · 3 yrs held
Gam Venture Two LLC
since 2023
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
WCCR* · West 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 West Covina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
Method
Estimation
Statistic approach
$3,490,000
ML approach
$3,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.58M
Range $3.22M – $3.94M · ±10% · vs last sale $3.68M (Mar 3 2023)
Last sale anchor
$3.68M
Mar 3 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,140 / 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
$32,883
Tax year 2024
Assessed value
$2,320,276
Assessed 2024
Previous assessed
$2,320,276
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,182,448
Assessed improvement
$1,137,828
Applied tax rate
9.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
3,140 SF
Lot
0.28 ac (12,289 SF)
Zoning code
WCCR*
APN
8474-003-060
UPID
US10-0369462
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCCR* · West Covina, CA
Zoning WCCR* · permitted uses
WCCR* · West Covina, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Covina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Gam Venture Two LLC
Entity
Mailing address
11024 BALBOA BLVDPMB1200, GRANADA HILLS, CA 91344-5007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$3,675,000
Gam Venture Two LLC
West Covina Parkway LLC
Grant Deed
$1,544,000 · Altura Cu
May 25, 2018
—
Plaza West Covina LP
—
Deed
related
$549,000 · Goldman-sachs Mtg
Aug 1, 2017
$2,080,000
West Covina Parkway LLC
Jian X Kuang
Grant Deed
$1,594,400 · Seacoast Commerce Bank
Oct 27, 1993
—
Schrobilgen,linda Tr Et Al&linda
—
Deed Of Trust
related
—
—
—
Shulman Sylvan
—
Deed Of Trust
related
$425,000 · Sanwa Bank California
—
—
Plaza West Covina LP
—
Deed Of Trust
related
$549,000 · Goldman-sachs Mtg
—
—
Shulman Sylvan
—
Deed Of Trust
related
$500,000 · Sanwa Bank California
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.
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