Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,615,000
Medical Office Space
605 Badillo St Covina, CA 91723-2846
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6417167
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
TILT-UP CONCRETE
Total area
18,602 SF
Lot
0.88 ac (38,147 SF)
Zoning code
CVCP-RD125
APN
8429-029-011
UPID
US09-6417167
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
-
Greater Covina Medical Group Medical Group
-
Dr. Manak Sethi, MD Physician
-
Grand view medical group Pain management Dr. Lugos Physician
-
Breed Ivan L MD Geriatric Care Provider
-
Pineros Sandra L Geriatric Care Provider Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.65M
CAP Approach
CAP
$5.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.62M
Owner & transaction history
Beverly West Properties INC · 3 yrs held
Beverly West Properties INC
since 2022
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
CVCP-RD125 · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,610,000
ML approach
$4,650,000
CAP Approach
CAP Return
Estimation
6%
$5,880,000
6.5%
$5,425,000
7%
$5,040,000
Blend value · Realmo final
$4.62M
Range $4.15M – $5.08M · ±10% · vs last sale $4.60M (Aug 3 2022)
Last sale anchor
$4.60M
Aug 3 2022
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
$248 / 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
$60,021
Tax year 2024
Assessed value
$4,692,000
Assessed 2024
Previous assessed
$4,692,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,805,000
Assessed improvement
$1,887,000
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
3
Units
1
Total area
18,602 SF
Lot
0.88 ac (38,147 SF)
Zoning code
CVCP-RD125
APN
8429-029-011
UPID
US09-6417167
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVCP-RD125 · Covina, CA
Zoning CVCP-RD125 · permitted uses
CVCP-RD125 · 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.
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Beverly West Properties INC
Entity
Mailing address
554 E SAN BERNARDINO RD, COVINA, CA 91723-1747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
$4,600,000
Beverly West Properties INC
West Covina Plan Ipa INC
Grant Deed
$2,735,000 · Pacific Western National Bank
Oct 28, 2002
—
West Covina Plan Ipa INC
—
Grant Deed
related
$2,179,000 · Pacific Western National Bank
Aug 10, 2000
$425,000
Jonathan D Heller
Pickerill Partners
Grant Deed
—
Aug 13, 1998
—
Mark Pickerill
Falkner,a
Grant Deed
related
—
Mar 13, 1998
$178,000
Alan Falkner
Cenfed Bank
Grant Deed
—
Jan 28, 1988
$510,000
Huei S Huang
Brown
Grant Deed
—
—
—
Jonathan D Heller
—
Deed Of Trust
related
$200,000 · Mellon First Business Bank
—
—
Huei S Huang
—
Deed Of Trust
related
$381,000 · United California Savings Bank
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.
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?”
You own 605 Badillo St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
