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    Property profile & analytics

    223 Citrus Ave Covina, CA 91723-2004

    • Investment properties
    • 11,552 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $2,350,000
    Last Sale
    Jun 16, 2020
    $2,250,000
    Location Intelligence
    Property ID
    US09-7826316
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Casa Moreno / Mexican Restaurant / Bar

    Property Details for 223 Citrus Ave

    Year built
    1926
    Construction
    TILT-UP CONCRETE
    Lot size
    0.14 lot acres
    Property size
    11,552 SF
    Zone code
    CVTCC*
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    8431-032-024
    APU
    8431032024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,355,000
      6.5%
      $2,530,000
      7%
      $2,230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,605,000
      Geo Method
      $2,590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,485,000
      Retail
      $2,460,000
      Mixed-Use
      $2,300,000
      Hospitality
      $2,625,000
      Educational
      $2,115,000
      Residential Income
      $2,650,000
      Energy
      $2,125,000
      Income-Based Land
      $2,375,000
      Food Service
      $2,730,000

    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.89
    Latitude
    34.0882
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $38,979
    $1,695,673
    $1,130,446
    $2,826,119
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $340,000
      17,248 SF

      145 Badillo St

      OFFICE/RESIDENTIAL (MIXED USE) • 17,248 SF
      145 Badillo St, Covina, CA 91723-2016
      View Details
    • Value Estimation
      $300,000
      11,910 SF

      115 Badillo St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,910 SF
      115 Badillo St, Covina, CA 91723-2016
      View Details
    • Value Estimation
      $335,000
      3,579 SF

      239 Citrus Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,579 SF
      239 Citrus Ave, Covina, CA 91723-2004
      View Details
    • Value Estimation by Request
      17,438 SF

      135 Badillo St

      OFFICE/RESIDENTIAL (MIXED USE) • 17,438 SF
      135 Badillo St, Covina, CA 91723-2117
      View Details
    • Value Estimation
      $250,000
      908 SF

      569 San Bernardino Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 908 SF
      569 San Bernardino Rd, Covina, CA 91723-1732
      View Details
    • Value Estimation
      $1,360,000
      3,952 SF

      731 San Bernardino Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,952 SF
      731 San Bernardino Rd, Covina, CA 91723
      View Details

    Similar Nearby for Sale

    • $725,000
      0.28 Acres

      Covina Manufacturing Business

      Profitable, Automated Safe Manufacturer
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      1,450 SF

      lot size

      zoning
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    • $13,200,000
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      Prime Covina Commercial Land

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      345 Citrus Ave, Covina, CA 91723
      View Details
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      Multi-Tenant Building For Sale

      Multi-tenant building suitable for office or retail use.
      228-238 E Rowland St, Covina, CA 91723
      View Details
    • $9,850,000
      89,172 SF

      2.05 Acre Mixed-Use Land

      2.05 acres of land zoned for mixed-use and commercial development.
      345 S Citrus Ave, Covina, CA 91723
      View Details
    • $2,380,000
      4,660 SF

      Covina NNN Investment Opportunity

      Single tenant NNN investment opportunity with national credit tenant.
      241 S Citrus Ave, Covina, CA 91723
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    Similar Nearby for Lease

    • Contact for pricing
      3,360 SF

      Covina Commercial Space For Lease

      Corner lot building, newly renovated, suitable for office or church.
      716 N Citrus Ave, Covina, CA 91723
      View Details
    • $1.83 SF/Yr
      2 SF

      Covina Office Space Available

      Office space featuring multiple offices, restrooms, reception, and break area.
      259 E Workman St, Covina, CA 91723
      View Details
    • $2.00 SF/Yr
      4,200 SF

      Prime Covina Retail Opportunity

      Highly visible retail space with ample parking in Covina.
      139 E Badillo St, Covina, CA 91723
      View Details
    • $1.50 SF/Yr
      1,200 SF

      Covina Flex Space Available

      Flex space in multi-tenant building, centrally located with ample parking.
      727-751 N Grandview Ave, Covina, CA 91723
      View Details
    • $1.35 SF/Yr
      4,200 SF

      Industrial Space with Street Frontage

      Industrial space with great access and street frontage available for rent.
      718 E Edna Pl, Covina, CA 91723
      View Details
    • $1,100 /Mo

      Functional Office Suite in Covina

      Bright office space with reserved parking in a professional complex.
      724 N Barranca Unit B Ave, Covina, CA 91723
      View Details
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    Covina, CA 91723-2004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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