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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Apartment buildings
1935 Garvey N Ave, West Covina, CA 91791-1481
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6926758
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
39,374 SF
Lot
1.68 ac (73,321 SF)
Zoning code
WCR3-MF20*
APN
8454-019-020
UPID
US09-6926758
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
-
Richard Hostel Hostel
-
Tuscany Villas Apartments Real Estate Agency
-
Tuscany Villas Apartments - Apartment rental agency Apartment Rental Agency Service Establishment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.12M
Owner & transaction history
1945 East Garvey North LLC · 18 yrs held
1945 East Garvey North LLC
since 2007
7 recorded transactions
Zoning & alternative use
WCR3-MF20* · 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
$755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±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
$136,823
Tax year 2024
Assessed value
$9,826,519
Assessed 2024
Previous assessed
$9,826,519
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$5,955,913
Assessed improvement
$3,870,606
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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
83
Bathrooms
83
Total area
39,374 SF
Lot
1.68 ac (73,321 SF)
Zoning code
WCR3-MF20*
APN
8454-019-020
UPID
US09-6926758
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCR3-MF20* · West Covina, CA
Zoning WCR3-MF20* · permitted uses
WCR3-MF20* · 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.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
83
Bathrooms
83
Lot
1.68 ac
Current owner
From public records · entity-resolved
1945 East Garvey North LLC
Entity
Mailing address
10990 WILSHIRE BLVD STE #420, LOS ANGELES, CA 90024-3929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2019
—
1945 East Garvey North LLC
—
Deed
related
$19,000,000 · Arbor Com'l Fndg I LLC
Sep 28, 2007
$15,250,000
1945 East Garvey North LLC
West Covina-parkwood Apts
Grant Deed
$23,850,000 · Capmark Bank
Jan 24, 2003
—
West Covina-parkwood Apts LP
Pi Properties No 75 LP
Grant Deed
$5,300,000 · Merrill Lynch Mortgage Lending
Sep 22, 2000
—
Pi Properties No 75 LP
Parkwood Apartments-45 LP
Grant Deed
related
—
Sep 28, 1993
—
Apartments-35 LP Parkwood
Fullerton Saving
Grant Deed
$1,400,000 · Westco Real Estate F
Mar 5, 1993
$2,700,000
Savings Fullerton
Thottam Properti
Trustees Deed
related
—
Mar 5, 1993
$2,300,000
Savings Fullerton
Thottam Properti
Trustees Deed
related
—
—
—
1945 East Garvey North LLC
—
Deed Of Trust
related
$19,000,000 · Arbor Com'l Fndg I LLC
—
—
Pi Properties No 75 LP
—
Deed Of Trust
related
$2,662,500 · California Federal Bank
—
—
Thottam Properti
—
Deed Of Trust
related
$500,000 · Franciscan Missi
—
—
Parkwood Apartments-35
—
Deed Of Trust
related
$425,000 · Audrey & Sydney Irmas Charitag
—
—
Parkwood Apartments 35 LP
—
Deed Of Trust
related
$4,300,000 · Imperial Thrift & Loan
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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