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Property profile & analytics
OFF-MARKET
Estimated value
$3,555,000
Manufacturing properties
1660 Industrial Park St Covina, CA 91722
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6464193
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1957
Construction
TILT-UP CONCRETE
Total area
40,401 SF
Lot
1.73 ac (75,149 SF)
Zoning code
CVM1YY
APN
8434-019-036
UPID
US09-6464193
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.56M
Owner & transaction history
Petro Family Trust · 6 yrs held
Petro Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
CVM1YY · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$88 / 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
$54,823
Tax year 2024
Assessed value
$2,936,957
Assessed 2024
Previous assessed
$2,936,957
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$1,330,637
Assessed improvement
$1,606,320
Applied tax rate
3.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
40,401 SF
Lot
1.73 ac (75,149 SF)
Zoning code
CVM1YY
APN
8434-019-036
UPID
US09-6464193
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVM1YY · Covina, CA
Zoning CVM1YY · permitted uses
CVM1YY · 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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Petro Family Trust
Trust
Mailing address
5827 SPINNAKER BAY DR, LONG BEACH, CA 90803-6817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
May 9, 2022
—
Joseph W Petro
—
Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Sep 24, 2019
—
Petro Family Trust
Petro,joseph W & Robin L
Quit Claim Deed
related
—
Sep 9, 2019
—
Joseph W Petro
Petro Patricia D Trust
Quit Claim Deed
related
—
Sep 12, 2018
—
Petro,patricia D Trust
Petro,patricia D
Affidavit Of Death
related
—
May 17, 2004
—
Petro,tr
Petro,patricia D
Quit Claim Deed
related
—
Dec 22, 2000
—
Joseph Petro
Petro,w A & P D
Quit Claim Deed
related
—
May 20, 1998
—
Petro,william A & Patricia D
Lehrer,s & S
Trustees Deed
related
—
—
—
William A Petro
—
Deed Of Trust
related
$1,651,000 · Ge Capital Small Business Finl
—
—
William A Petro
—
Deed Of Trust
related
$200,000 · Individual
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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