Technical
Financial
Distress signals
Property profile

518 1st Ave Covina, CA 91723

OFF-MARKET
Office buildings
Property ID
US09-7823809
1,800 SF 0.14 ac lot Built 1980
Individually Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction WOOD
Total area 1,800 SF
Lot 0.14 ac (6,006 SF)
Zoning code CVM1YY
APN 8430-021-010
UPID US09-7823809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

518 1st Ave Covina, CA 91723-1604
Covina metro Census 406101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
$645k
Comparable Approach Comparable
$711k
Blend (final) Blend
$350k

Owner & transaction history

since 2011
3 recorded transactions
2011
$399,000
2009
Price N/A
1969
Price N/A

Zoning & alternative use

CVM1YY · Covina, CA
Top alternative use upside
Auto repair, garage $835,000 +40.5%
Medical building $820,000 +38.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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