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Property profile & analytics
OFF-MARKET
Estimated value
$3,800,000
Retail space
575 Citrus Ave Covina, CA 91723-2930
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-9174842
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
TILT-UP CONCRETE
Total area
13,298 SF
Lot
1.25 ac (54,572 SF)
Zoning code
CVC4*
APN
8444-022-012
UPID
US09-9174842
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
-
UPS Access Point location Courier Service Postal Service
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
CVS Pharmacy
-
CVS Pharmacy Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.53M
Comparable Approach
Comparable
$3.81M
Blend (final)
Blend
$3.80M
Owner & transaction history
Santiago Holdings II LLC · 7 yrs held
Santiago Holdings II LLC
since 2019
6 recorded transactions
Zoning & alternative use
CVC4* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.2M
+101.5%
Medical building
$6.0M
+98.0%
Office building
$4.4M
+43.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,905,000
6.5%
$4,525,000
7%
$4,205,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,055,000
Current use
AUTO REPAIR, GARAGE
$6,150,000
Change: +101% · Conversion: Difficult
MEDICAL BUILDING
$6,045,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$4,375,000
Change: +43% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,110,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$3,905,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$3.80M
Range $3.42M – $4.18M · ±10%
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
$286 / 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
$105,710
Tax year 2024
Assessed value
$8,781,976
Assessed 2024
Previous assessed
$8,781,976
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$4,647,995
Assessed improvement
$4,133,981
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
13,298 SF
Lot
1.25 ac (54,572 SF)
Zoning code
CVC4*
APN
8444-022-012
UPID
US09-9174842
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVC4* · Covina, CA
Zoning CVC4* · permitted uses
CVC4* · 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
RETAIL STORES Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$6.0M
OFFICE BUILDING
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$3.9M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
2011
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Santiago Holdings II LLC
Entity
Mailing address
PO BOX 1610, COCKEYSVILLE, MD 21030-7610
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2019
—
Santiago Holdings II LLC
Camden Heldings LLC
Quit Claim Deed
—
Aug 9, 2012
$3,636,000
Camden Holdings LLC
St James Management INC
Grant Deed
—
Dec 26, 2008
—
St James Management INC
Park Center Exchange I LLC
Grant Deed
related
—
Aug 19, 2008
$4,500,000
Park Center Exchange I LLC
Tanna R/e Invtrs Fund 4
Grant Deed
—
Jul 17, 2007
$5,825,000
Tanna R/e Invtrs Fund IV LLC
Callaway Family LLC
Grant Deed
related
$2,907,438 · Citizens Business Bank
—
—
Nhp Acquisition LP
—
Deed Of Trust
related
$3,195,208 · Wells Fargo Bank Northwest NA
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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