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Property profile & analytics
FOR LEASE
Office buildings
1543 W Garvey Ave West Covina, CA 91790
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0378606
For Lease
$2,885/Mo
1543 W Garvey Ave, West Covina, CA 91790
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1962
Construction
TILT-UP CONCRETE
Total area
23,360 SF
Lot
1.66 ac (72,521 SF)
Zoning code
WCNC*
APN
8458-025-036
UPID
US10-0378606
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
-
El Khansa Kaicer Marriage Or Relationship Counselor
-
KAISER Medical Clinic
-
Douglas A. Stevens, MA Physician
-
Ernalee P. Eakin, PHD Physician
-
Janice Galt Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.35M
CAP Approach
CAP
$8.21M
Comparable Approach
Comparable
$5.56M
Blend (final)
Blend
$7.29M
Owner & transaction history
V V Continental LLC · 5 yrs held
V V Continental LLC
since 2021
Last sale
$7.2M
6 recorded transactions
Zoning & alternative use
WCNC* · West Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.8M
+32.6%
Medical building
$10.6M
+30.3%
Warehouse, storage
$9.0M
+10.1%
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
$7,400,000
ML approach
$7,350,000
CAP Approach
CAP Return
Estimation
6%
$8,895,000
6.5%
$8,210,000
7%
$7,625,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,150,000
Current use
AUTO REPAIR, GARAGE
$10,805,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$10,620,000
Change: +30% · Conversion: Easy
WAREHOUSE, STORAGE
$8,975,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$8,075,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,220,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$7.29M
Range $6.56M – $8.01M · ±10% · vs last sale $7.20M (Jul 15 2021)
Last sale anchor
$7.20M
Jul 15 2021
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
$312 / 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
$96,160
Tax year 2024
Assessed value
$7,490,880
Assessed 2024
Previous assessed
$7,490,880
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,809,080
Assessed improvement
$4,681,800
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
23,360 SF
Lot
1.66 ac (72,521 SF)
Zoning code
WCNC*
APN
8458-025-036
UPID
US10-0378606
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCNC* · West Covina, CA
Zoning WCNC* · permitted uses
WCNC* · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$10.6M
WAREHOUSE, STORAGE
Est. value
$9.0M
RETAIL STORES
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$7.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.66 ac
Current owner
From public records · entity-resolved
V V Continental LLC
Entity
Mailing address
20510 BIND CT, WALNUT, CA 91789-3550
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$7,200,000
V V Continental LLC
Shuo Rung Enterprise LLC
Grant Deed
$4,320,000 · East West Bank
Nov 6, 2020
—
Shuo Rung Enterprises LLC
—
Deed
related
$800,000 · Ctbc Bank Corp USA
Feb 19, 2020
$6,330,000
Shuo Rung Enterprise LLC
Aatc Investments INC
Grant Deed
$3,500,000 · Ctbc Bank Corp USA
Sep 14, 2018
$5,900,000
Aatc Investment INC
De Pietro LP
Grant Deed
$2,600,000 · Cathay Bank
Jan 18, 2012
$3,034,000
De Pietro LP
Dokter,erin F C
Grant Deed
—
Jan 18, 2012
—
Dokter,erin F C
Depietro Marital Trust
Grant Deed
related
—
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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