New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,560,000
Super regional malls
1215 Ww Covina Pkwy, West Covina, CA 91790-2815
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0369463
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1973
Construction
WOOD
Total area
17,698 SF
Lot
0.35 ac (15,062 SF)
Zoning code
WCCR*
APN
8474-003-063
UPID
US10-0369463
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.56M
Owner & transaction history
Mohammadi Family 2005 Revocable Tru
Mohammadi Family 2005 Revocable Tru
since 2025
Last sale
$4.0M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$201 / 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
$28,030
Tax year 2024
Assessed value
$1,768,401
Assessed 2024
Previous assessed
$1,768,401
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$434,577
Assessed improvement
$1,333,824
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
1973
Construction
WOOD
Heating
NONE
Stories
1
Total area
17,698 SF
Lot
0.35 ac (15,062 SF)
Zoning code
WCCR*
APN
8474-003-063
UPID
US10-0369463
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
1973
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Mohammadi Family 2005 Revocable Tru
Individual
Mailing address
625 E MAIN ST, ALHAMBRA, CA 91801-4049
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$4,000,000
Mohammadi Family 2005 Revocable Tru
Reshma Tekchandani
Grant Deed
—
Oct 10, 2025
—
Reshma Tekchandani
Rishi Teckchandani
Grant Deed
—
Jul 2, 2024
—
Reshma Teckchandani
Moti Teckchandani
Affidavit Of Death Of Joint Tenant
related
—
Aug 31, 2017
—
Moti Teckchandani
Teckchandani,moti
Quit Claim Deed
related
—
May 21, 1999
—
Moti Teckchandani
—
Deed Of Trust
related
$1,250,000 · Individual
Jan 12, 1995
—
Moti Teckchandani
Teckchandani,r
Quit Claim Deed
$1,200,000 · Crown Life Insurance
Mar 5, 1992
—
Crown Life Insurance Co
—
Deed Of Trust
related
—
—
—
Four-way LLC
—
Deed Of Trust
related
$1,100,000 · Larry P Johnson
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1215 Ww Covina Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
