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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Office buildings
171 Cottage Dr Covina, CA 91723-2010
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0273409
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1980
Construction
WOOD
Total area
2,670 SF
Lot
0.17 ac (7,469 SF)
Zoning code
CVTCP*
APN
8431-029-033
UPID
US10-0273409
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
-
Dr. Mohan Renal Physician Physician Medical Clinic
-
Mohan Dialysis Center of Covina Medical Clinic
-
KRISHNA J MOHAN MD INC Physician Medical Clinic
-
Farhad Rezvani Physician
-
Krishna Jatavallabhula Mohan Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$590k
Blend (final)
Blend
$745k
Owner & transaction history
Krishna J Mohan And Anna J Mohan Tr
Krishna J Mohan And Anna J Mohan Tr
since 2025
6 recorded transactions
Zoning & alternative use
CVTCP* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+40.5%
Medical building
$1.2M
+38.1%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$890,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$880,000
Current use
AUTO REPAIR, GARAGE
$1,235,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,215,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$825,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$785,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$279 / 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
$19,056
Tax year 2024
Assessed value
$1,403,472
Assessed 2024
Previous assessed
$1,403,472
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$334,812
Assessed improvement
$1,068,660
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,670 SF
Lot
0.17 ac (7,469 SF)
Zoning code
CVTCP*
APN
8431-029-033
UPID
US10-0273409
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVTCP* · Covina, CA
Zoning CVTCP* · permitted uses
CVTCP* · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$825,000
WAREHOUSE, STORAGE
Est. value
$785,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Krishna J Mohan And Anna J Mohan Tr
Individual
Mailing address
1474 FERGUS FLS, CLAREMONT, CA 91711-8316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 9, 2025
—
Krishna J Mohan And Anna J Mohan Tr
Anna Jatavallabhula Mohan
Deed
related
—
Sep 2, 2025
—
Krishna Moran And Anna J Mohan Rev
Anna Jatavallabhula Mohan
Deed
—
Jun 18, 2018
—
Trieu Long
—
Deed
related
$556,698 · Wells Fargo Bank NA
Jun 5, 2015
—
Rezvani,f Trust
Rezvani Farhad
Quit Claim Deed
related
—
Mar 18, 2013
—
Trieu Long & Pham Sheri Trust
Trieu,long V
Quit Claim Deed
related
—
Jul 14, 2003
$302,500
Lincoln S Yee
Fisher,tr
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.
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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