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Property profile & analytics
OFF-MARKET
Estimated value
$4,110,000
Community centers
1553 Amar Rd West Covina, CA 91792-1619
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0353964
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1975
Total area
11,250 SF
Lot
1.93 ac (84,227 SF)
Zoning code
WCPCD1*
APN
8735-004-001
UPID
US10-0353964
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
$4.69M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.11M
Owner & transaction history
M & K LLC · 15 yrs held
M & K LLC
since 2011
7 recorded transactions
Zoning & alternative use
WCPCD1* · 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%
$5,080,000
6.5%
$4,685,000
7%
$4,355,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,845,000
Current use
Blend value · Realmo final
$4.11M
Range $3.70M – $4.52M · ±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
$365 / 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
$66,078
Tax year 2024
Assessed value
$4,773,008
Assessed 2024
Previous assessed
$4,773,008
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$3,768,167
Assessed improvement
$1,004,841
Applied tax rate
12.0000
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
1975
Heating
NONE
Buildings
2
Stories
1
Units
7
Total area
11,250 SF
Lot
1.93 ac (84,227 SF)
Zoning code
WCPCD1*
APN
8735-004-001
UPID
US10-0353964
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCPCD1* · West Covina, CA
Zoning WCPCD1* · permitted uses
WCPCD1* · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1975
Heating
NONE
Stories
1
Buildings
2
Units
7
Lot
1.93 ac
Current owner
From public records · entity-resolved
M & K LLC
Entity
Mailing address
8045 ARCHIBALD AVE STE #110, RANCHO CUCAMONGA, CA 91730-2873
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Feb 23, 2018
—
M & K LLC
—
Deed
related
$200,000 · Hanmi Bank
Sep 29, 2017
—
M & K LLC
—
Deed
related
$1,000,000 · Hanmi Bank
Apr 1, 2011
$3,800,000
M & K LLC
New World Rtc LLC
Grant Deed
$2,000,000 · Pacific City Bank
Aug 11, 2003
$2,150,000
New World Rtc LLC
Mams LP
Grant Deed
$1,200,000 · Citibank West Fsb
Jul 25, 1994
—
Mohammad Riaz
Riaz,m & R N
Quit Claim Deed
related
—
May 27, 1988
$870,000
Riaz Mohammad
Midexchange
Trustees Deed
related
$329,810 · Centen
—
—
Riaz Mohammad
—
Deed Of Trust
related
$1,250,000 · Home Savings Of America
—
—
John H Cummings
—
Deed Of Trust
related
$61,200 · Bank Of Newport
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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