Technical
Financial
Distress signals
Property profile

524 1st Ave Covina, CA 91723

OFF-MARKET
Manufacturing properties
Property ID
US10-0272229
3,240 SF 0.17 ac lot Built 1980
Trust Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction WOOD
Total area 3,240 SF
Lot 0.17 ac (7,548 SF)
Zoning code CVM1YY
APN 8430-021-009
UPID US10-0272229

Cap rate & NOI

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

Location

524 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
$365k
CAP Approach CAP
$585k
Comparable Approach Comparable
$411k
Blend (final) Blend
$565k

Owner & transaction history

since 2016
6 recorded transactions
2016
Price N/A
2007
$750,000
2007
Price N/A
2007
$699,000
2006
Price N/A
2000
$225,000

Zoning & alternative use

CVM1YY · Covina, CA
Top alternative use upside
Retail stores $745,000 +10.0%

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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