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Property profile & analytics
FOR LEASE
Commercial land
17030 E Cypress St E Covina, CA 91722
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7972973
For Lease
1 / 7
$1,950,000
17030 E Cypress St E, Covina, CA 91722
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Property summary
AI-generated overview
This Covina, CA commercial property, located at 17030 E Cypress St, 91722, offers 9,000 square feet of office space in a single, two-story building. The property is zoned LCA 16000 and features a total of six suites, with 3,750 square feet currently vacant. Individual suites range from 571 to 1,945 square feet, with a minimum divisible space of 1,945 square feet and a maximum contiguous space of 1,945 square feet. The building is classified as Class C and sits on a 10,340 square foot lot, conveniently located near Azusa Ave. Ample parking is available with 38 spaces. This high-visibility location in the Covina submarket offers excellent access to transportation, shopping, and dining options, including nearby 7-Eleven stores and other established businesses. The property is ideal for businesses seeking a flexible and convenient location in a high-traffic area. The property's address is 17030 E Cypress St, Covina, CA 91722. The APN is 8420-006-014.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1942
Lot
0.24 ac (10,428 SF)
Zoning code
LCA16000*
APN
8420-006-014
UPID
US09-7972973
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
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Kanto Kanto LLC · 2 yrs held
Kanto Kanto LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
LCA16000* · 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
$1,950,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Jun 4 2024)
Last sale anchor
$1.95M
Jun 4 2024
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
—
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
$5,947
Tax year 2024
Assessed value
$483,574
Assessed 2024
Previous assessed
$483,574
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$483,574
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1942
Heating
NONE
Bathrooms
2
Lot
0.24 ac (10,428 SF)
Zoning code
LCA16000*
APN
8420-006-014
UPID
US09-7972973
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA16000* · Covina, CA
Zoning LCA16000* · permitted uses
LCA16000* · 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
1942
Heating
NONE
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Kanto Kanto LLC
Entity
Mailing address
1436 PALOMA ST, PASADENA, CA 91104-4733
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 4, 2024
$1,950,000
Kanto Kanto LLC
Sure Charm Investment LLC
Grant Deed
$975,000 · Eastern Funding LLC
Jun 4, 2024
—
Kanto Kanto LLC
—
Deed
related
$801,000 · The Mortgage Capital Development Corp
Oct 7, 2016
$1,690,000
Sure Charm Investment LLC
Duenez Rudy Trust
Grant Deed
—
Jan 10, 2006
$2,320,000
Rudy Duenez
Govind Properties LLC
Grant Deed
$928,000 · Banco Popular North America
Mar 12, 2004
—
Besnik Sakiri
Sakiri,zumbule
Quit Claim Deed
related
—
Mar 12, 2004
$899,000
Joe F Rosales
Do,tuan M
Grant Deed
$750,000 · Cnl Commercial Lending Corp
May 20, 1999
$636,000
Tuan M Do
Demerjian,sarkis
Grant Deed
$381,600 · First Continental Bank
Feb 28, 1991
$430,000
Sarkis Demerjian
Unknown
Grant Deed
—
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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