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Property profile & analytics
OFF-MARKET
Estimated value
$11,230,000
Warehouses
1388 Garvey S Ave West Covina, CA 91790-3155
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9078235
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Construction
TILT-UP CONCRETE
Total area
79,901 SF
Lot
0.8 ac (34,804 SF)
Zoning code
WCOS
APN
8476-001-013
UPID
US09-9078235
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
U-Stor-It Self Storage - West Covina Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.60M
Comparable Approach
Comparable
$13.50M
Blend (final)
Blend
$11.23M
Owner & transaction history
U-stor-it West Covina LLC · 7 yrs held
U-stor-it West Covina LLC
since 2018
7 recorded transactions
Zoning & alternative use
WCOS · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,235,000
6.5%
$7,600,000
7%
$7,055,000
Blend value · Realmo final
$11.23M
Range $10.11M – $12.35M · ±10%
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
$141 / 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
$120,372
Tax year 2024
Assessed value
$9,952,176
Assessed 2024
Previous assessed
$9,952,176
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,859,197
Assessed improvement
$8,092,979
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
79,901 SF
Lot
0.8 ac (34,804 SF)
Zoning code
WCOS
APN
8476-001-013
UPID
US09-9078235
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCOS · West Covina, CA
Zoning WCOS · permitted uses
WCOS · 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
2020
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.8 ac
Current owner
From public records · entity-resolved
U-stor-it West Covina LLC
Entity
Free & Clear · 7 yrs held
Mailing address
501 W BROADWAY STE #2020, SAN DIEGO, CA 92101-3548
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 23, 2021
—
U Stor It West Covina LLC
—
Deed
related
$9,500,000 · Transamerica Life Insurance Company
Feb 25, 2019
—
U Stor It West Covina LLC
—
Deed
related
$500,000 · Signature Bank
Dec 27, 2018
$1,700,000
U-stor-it West Covina LLC
Dfi Wcss LLC
Grant Deed
—
Jun 14, 2018
—
Dfi Wcss LLC
Covina Irrigating Co
Quit Claim Deed
related
—
Sep 13, 2016
—
Dfi Wcss LLC
Dfi Properties LLC
Quit Claim Deed
related
—
Jan 9, 2014
$30,000
Dfi Properties LLC
Rene Ortiz
Foreclosure
related
$346,247 · Dfi Funding INC
Dec 11, 2008
$89,000
Gerry D Nelson
Ortiz,rene
Grant Deed
$351,341 · Rene Ortiz
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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