Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

315 N 3Rd Ave 307 Covina, CA 91723

FOR LEASE
Medical Office Space
Property ID
US09-8377644
40,268 SF 0.43 ac lot Built 1990
Last sale Nov 2000 · $20,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
315 N 3Rd Ave,Unit 307, Covina, CA 91723 For Lease
$6,337/Mo
315 N 3Rd Ave,Unit 307, Covina, CA 91723
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$134k
Tax billed · 2024
Assessed value$10.51M
Assessed land$536k
Assessed improvement$9.97M
Effective rate1.28%

Value estimate

· Oct 2026
$7.99M
$7.19M – $8.78M
NOI build-up
Gross scheduled income$1.36M
Vacancy & credit loss−$90k
Operating expenses−$509k
NOI · 12,050.50% cap applied$764k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$455/SF
County average, outlier-cleaned · 373 recorded sales of this use type
Observed band · Q1–Q3$230 – $742

Cap rate analysis

How does the asset earn?
12,050.50%
$764k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CVTCP*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.2
Law Firm12.2
Smoke and Vape Shop11.9

Location

315 N 3Rd Ave, Unit 307 Covina, CA 91723
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
605 Badillo, Covina, CA 91723-2846 $4,600,046 Aug 2022 18,602 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved