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Property profile & analytics
FOR SALE
Apartment buildings
149 S Bandy Ave, West Covina, CA 91790
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6357748
For Sale
1 / 14
$2,915,000
149 S Bandy Ave, West Covina, CA 91790
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
8,026 SF
Lot
0.25 ac (10,711 SF)
Zoning code
WCR3-MF20*
APN
8476-010-012
UPID
US09-6357748
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
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$625k
Owner & transaction history
Chu,f & E Family Trust · 9 yrs held
Chu,f & E Family Trust
since 2016
7 recorded transactions
Zoning & alternative use
WCR3-MF20* · 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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$78 / 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
$30,785
Tax year 2024
Assessed value
$2,361,812
Assessed 2024
Previous assessed
$2,361,812
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,706,743
Assessed improvement
$655,069
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
YES
Units
11
Bathrooms
12
Total area
8,026 SF
Lot
0.25 ac (10,711 SF)
Zoning code
WCR3-MF20*
APN
8476-010-012
UPID
US09-6357748
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCR3-MF20* · West Covina, CA
Zoning WCR3-MF20* · permitted uses
WCR3-MF20* · 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
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
11
Bathrooms
12
Lot
0.25 ac
Current owner
From public records · entity-resolved
Chu,f & E Family Trust
Trust
Mailing address
413 W LONGDEN AVE, ARCADIA, CA 91007-8128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Dec 15, 2016
—
Chu,f & E Family Trust
Chu F & E Family Trust
Quit Claim Deed
related
—
Dec 5, 2016
$2,075,000
Felipe L Chu
Mlea LLC
Grant Deed
$1,175,000 · Grandpoint Bank
Nov 16, 2016
—
Mlea LLC
Acle LLC
Quit Claim Deed
—
Jun 3, 2013
—
Merlano Family Trust
Merlano,gabriel E & Cynthia A
Quit Claim Deed
related
—
Apr 22, 2008
$1,200,000
Acle LLC
Rotter,howard G
Grant Deed
$495,000 · Union Bank Of California
Jul 12, 2007
—
Howard G Rotter
Wilson-rotter & Associates LLC
Quit Claim Deed
—
Jul 8, 2004
—
Wilson-rotter & Associates
Wilson-rotter & Associates
Quit Claim Deed
related
$735,000 · United Commercial Bank
Aug 8, 1988
$1,070,000
Wilson Rotter
Unknown
Trustees Deed
—
—
—
Wilso
—
Deed Of Trust
related
$500,000 · Western Federal Savings & Loan
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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