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    Property profile & analytics

    401 Azusa Ave Covina, CA 91722-3609

    • Retail space
    • 14,508 SF
    • 1.65 lot acres
    OFF-MARKET
    Value Estimation
    $4,775,000
    Last Sale
    Dec 05, 2022
    $5,081,550
    Location Intelligence
    Property ID
    US10-0279551
    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

    • Walgreens Pharmacy / Pharmacy
    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Grace L. Chang, PharmD / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Redbox / Movie Rental Store / Movie Rental Kiosk

    Property Details for 401 Azusa Ave

    Year built
    2007
    Construction
    TILT-UP CONCRETE
    Lot size
    1.65 lot acres
    Property size
    14,508 SF
    Zone code
    CVC4
    Property type
    Retail space
    APN
    8434-018-035
    APU
    8434018035

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,775,000
      6.5%
      $5,235,000
      7%
      $4,930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,010,000
      Geo Method
      $5,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,405,000
      Retail
      $5,645,000
      Mixed-Use
      $5,090,000
      Hospitality
      $5,755,000
      Educational
      $4,515,000
      Residential Income
      $4,585,000
      Energy
      $5,695,000
      Income-Based Land
      $5,495,000
      Food Service
      $5,500,000

    Location Insight

    • Map
    • Local Demand
    City
    Covina
    County
    Los Angeles
    State
    California
    Longitude
    -117.908
    Latitude
    34.0885
    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
    $103,751
    $7,242,000
    $1,264,800
    $8,506,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      18,990 SF

      1166 Azusa Ave

      RETAIL STORES (PERSONAL SERVICES) • 18,990 SF
      1166 Azusa Ave, Covina, CA 91722-1245
      View Details
    • Value Estimation by Request
      4,500 SF

      1481 Hollenbeck Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,500 SF
      1481 Hollenbeck Ave, Covina, CA 91722-1508
      View Details
    • Value Estimation
      $300,000
      3,812 SF

      700 Arrow Hwy

      RETAIL STORES (PERSONAL SERVICES) • 3,812 SF
      700 Arrow Hwy, Covina, CA 91722-1312
      View Details
    • Value Estimation by Request
      5,680 SF

      1477 Azusa Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,680 SF
      1477 Azusa Ave, Covina, CA 91722-1250
      View Details
    • Value Estimation by Request
      16,740 SF

      975 San Bernardino Rd

      RETAIL STORES (PERSONAL SERVICES) • 16,740 SF
      975 San Bernardino Rd, Covina, CA 91722-4104
      View Details
    • Value Estimation
      $2,385,000
      7,540 SF

      530 Azusa Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,540 SF
      530 Azusa Ave, Covina, CA 91722
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $3,645 /Mo

      West Covina Retail Endcap Space

      Centrally located retail space suitable for various business types.
      530 N Azusa Ave, West Covina, CA 91722
      View Details
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      Commercial property in Covina, ideal for office or retail.
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      Starlite Plaza: Covina Office Suites

      Prime Covina Office & Retail Space Available
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      Turnkey Restaurant & Bar Space

      Ready-to-operate restaurant and bar with minimal build-out costs.
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      277,603 SF

      Covina Town Square Retail Spaces

      High-traffic retail spaces in prime Covina location.
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    • Contact for pricing

      Fully Leased Office Building

      Office building in Covina, CA, currently 100% leased.
      668 Arrow Grand Cir, Covina, CA 91722
      View Details

    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      2.1k
    • Avg Time on site
      19 min
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    401 Azusa Ave
    Covina, CA 91722-3609
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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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