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Property profile & analytics
OFF-MARKET
Estimated value
$14,490,000
Community centers
2753 Eastland Ctr Dr, West Covina, CA 91791-6612
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6978755
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1956
Construction
TILT-UP CONCRETE
Total area
83,337 SF
Lot
38.49 ac (1,676,763 SF)
Zoning code
WCCR*
APN
8451-012-055
UPID
US09-6978755
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
-
Hobby Lobby (Bike/Boat/Book/etc) Store
-
Navy Federal Credit Union Credit Union
-
Walmart Pharmacy Pharmacy
-
Volta Charging Station Electric Vehicle Charging Station
-
C Bed & Breakfast Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.49M
Owner & transaction history
Gref Gg Eastland Center LP · 6 yrs held
Gref Gg Eastland Center LP
since 2019
7 recorded transactions
Zoning & alternative use
WCCR* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$174 / 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
$1,812,657
Tax year 2024
Assessed value
$138,568,454
Assessed 2024
Previous assessed
$138,568,454
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$50,623,979
Assessed improvement
$87,944,475
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
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
5
Total area
83,337 SF
Lot
38.49 ac (1,676,763 SF)
Zoning code
WCCR*
APN
8451-012-055
UPID
US09-6978755
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WCCR* · West Covina, CA
Zoning WCCR* · permitted uses
WCCR* · 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
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Buildings
5
Lot
38.49 ac
Current owner
From public records · entity-resolved
Gref Gg Eastland Center LP
Entity
Mailing address
13450 MAXELLA AVE STE #240, MARINA DEL REY, CA 90292-8806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 11, 2019
$184,750,000
Gref Gg Eastland Center LP
Bre Ddr Br Eastland Ca LLC
Trustees Deed
$90,000,000 · Miscellaneous Ins Co
Nov 14, 2014
$69,900,000
Bre Ddr Br Eastland Ca LLC
Cole Mt West Covina Ca LP
Trustees Deed
related
$90,000,000 · Miscellaneous Ins Co
May 17, 2012
$143,433,000
Cole Mt West Covina Ca LP
Eastland Shopping Center LLC
Grant Deed
—
Dec 14, 1999
—
Eastland Shopping Center LLC
—
Deed Of Trust
related
$215,780,000 · Ubs Principal Finance LLC
Nov 12, 1997
—
Eastland Shopping Center LLC
—
Deed Of Trust
related
—
Oct 31, 1996
—
Centermark Properties INC
—
Grant Deed
related
$6,890,000 · Fleet National Bank
May 18, 1992
—
May Stores Shopping Centers INC
—
Deed Of Trust
related
—
—
—
Cole Mt West Covina Ca LP
—
Deed Of Trust
related
$90,000,000 · Miscellaneous Ins Co
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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