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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
303 San Bernardino Rd Covina, CA 91723-1518
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-7880360
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1928
Construction
WOOD
Total area
1,621 SF
Lot
0.15 ac (6,603 SF)
Zoning code
CVCPYY
APN
8431-017-017
UPID
US09-7880360
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
-
Tailored Wellness and Beauty Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$680k
Owner & transaction history
0520 Holdings LLC · 3 yrs held
0520 Holdings LLC
since 2022
Last sale
$738,007
7 recorded transactions
Zoning & alternative use
CVCPYY · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$985,000
+84.9%
Auto repair, garage
$750,000
+40.5%
Medical building
$735,000
+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
$685,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$535,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: +85% · Conversion: Difficult
AUTO REPAIR, GARAGE
$750,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$500,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$475,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $738k (Dec 23 2022)
Last sale anchor
$738k
Dec 23 2022
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
$419 / 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
$10,066
Tax year 2024
Assessed value
$752,760
Assessed 2024
Previous assessed
$752,760
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$681,360
Assessed improvement
$71,400
Applied tax rate
17.0000
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
1928
Construction
WOOD
Heating
NONE
Total area
1,621 SF
Lot
0.15 ac (6,603 SF)
Zoning code
CVCPYY
APN
8431-017-017
UPID
US09-7880360
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVCPYY · Covina, CA
Zoning CVCPYY · permitted uses
CVCPYY · 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
$535,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$750,000
MEDICAL BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$500,000
WAREHOUSE, STORAGE
Est. value
$475,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1928
Construction
WOOD
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
0520 Holdings LLC
Entity
Mailing address
303 W SAN BERNARDINO RD, COVINA, CA 91723-1518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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 23, 2022
$738,000
0520 Holdings LLC
Vita Abbondante Property Developers
Grant Deed
$688,000 · Vita Abbondante Property Developers
Jul 22, 2021
—
Vita Abbondante Property Developers
—
Deed
related
$250,000 · Lone Oak Fund LLC
Jul 16, 2019
—
Vita Abbondante Prop Developer
—
Deed
related
$390,000 · Bronzetree Terraces LLC
Apr 10, 2019
—
Vita Abbondante Prop Developer
—
Grant Deed
related
$4,363,000 · Lone Oak Fund
Mar 20, 2017
$375,000
Vita Abbondante Prop Developer
Filene Living Trust
Grant Deed
$318,750 · Filene Living Trust (pt)
Sep 18, 1991
$339,500
Attorney Accommodator Services
—
Grant Deed
related
—
Jul 13, 1989
$247,000
New Global Intl
Thinman
Trustees Deed
—
—
—
Vita Abbondante Prop Developer
—
Deed Of Trust
related
$390,000 · Bronzetree Terraces LLC
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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