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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Parking lots & garages
1665 Industrial Park St Covina, CA 91722-3418
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-8348349
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1958
Construction
TILT-UP CONCRETE
Total area
25,600 SF
Lot
0.62 ac (26,989 SF)
Zoning code
CVM1*
APN
8434-020-037
UPID
US09-8348349
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
-
Grand Electrical Heating & Air Conditioning | General Contractor Construction Company General Contractor
-
Quality Sign & Marquee (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$986k
Blend (final)
Blend
$720k
Owner & transaction history
Loochman LLC · 12 yrs held
Loochman LLC
since 2013
7 recorded transactions
Zoning & alternative use
CVM1* · 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
by Request
ML approach
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$28 / 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
$11,133
Tax year 2024
Assessed value
$871,314
Assessed 2024
Previous assessed
$871,314
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$859,301
Assessed improvement
$12,013
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
25,600 SF
Lot
0.62 ac (26,989 SF)
Zoning code
CVM1*
APN
8434-020-037
UPID
US09-8348349
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVM1* · Covina, CA
Zoning CVM1* · permitted uses
CVM1* · 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
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Loochman LLC
Entity
Mailing address
1665 W INDUSTRIAL PARK ST, COVINA, CA 91722-3418
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2013
$3,125,000
Loochman LLC
Morgan Holdings LLC
Grant Deed
$1,950,000 · Citizens Business Bank
Feb 11, 2008
$3,300,000
Morgan Holdings LLC
Biofriendly Corp
Grant Deed
$2,125,000 · Bank Of Colorado
Jan 27, 2006
$405,000
Biofriendly Corp
Rlo Holdings LLC
Grant Deed
—
Dec 2, 2005
$2,501,000
Lee Arce Dev Co
Turell,phyliss B
Grant Deed
—
Jan 14, 2005
—
Phyliss B Turell
Turell Phyliss B Trust
Quit Claim Deed
related
—
—
—
Biofriendly Corp
—
Deed Of Trust
related
$1,800,000 · Citizens Business Bank
—
—
Morgan Holdings LLC
—
Loan Modification
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.
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