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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Community centers
150 Grand Ave Covina, CA 91724-3236
Entity Owned
4-yr Hold
Free & Clear
Property ID
US10-0210089
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2003
Construction
TILT-UP CONCRETE
Total area
14,850 SF
Lot
1.43 ac (62,187 SF)
Zoning code
CVC2*
APN
8428-016-022
UPID
US10-0210089
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
-
FedEx OnSite Postal Service Courier Service
-
Julie I. Chong, Pharm Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Walgreens Cosmetic Store
-
Jia J. Dong, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$2.70M
Owner & transaction history
Aegean Industrial Group LLC · 4 yrs held
Aegean Industrial Group LLC
since 2022
Last sale
$2.6M
4 recorded transactions
Zoning & alternative use
CVC2* · 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
Method
Estimation
Statistic approach
$2,895,000
ML approach
$2,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±10% · vs last sale $2.55M (Apr 12 2022)
Last sale anchor
$2.55M
Apr 12 2022
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
$181 / 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
$95,431
Tax year 2024
Assessed value
$8,015,022
Assessed 2024
Previous assessed
$8,015,022
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$3,003,889
Assessed improvement
$5,011,133
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
14,850 SF
Lot
1.43 ac (62,187 SF)
Zoning code
CVC2*
APN
8428-016-022
UPID
US10-0210089
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVC2* · Covina, CA
Zoning CVC2* · permitted uses
CVC2* · 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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Aegean Industrial Group LLC
Entity
Free & Clear · 4 yrs held
Mailing address
136 PO BOX 1159TH LN, DEERFIELD, IL 60015-6002
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
—
Aegean Industrial Group LLC
Helen Tsamous
Quit Claim Deed
related
—
Sep 28, 2021
—
Helen Tsamous
Peter Tsamous
Affidavit Death Of Trustee/successor Trustee
related
—
Mar 4, 2005
$2,550,020
Tsamous Family Trust
118 South Grand Avenue
Grant Deed
—
Nov 21, 1972
$24,000
—
—
Grant Deed
related
$16,600
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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