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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office buildings
629 2nd Ave Covina, CA 91723-3518
Entity Owned
~
Est. High Equity
Property ID
US10-0272424
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
TILT-UP CONCRETE
Total area
2,207 SF
Lot
0.19 ac (8,201 SF)
Zoning code
CVCP
APN
8451-001-021
UPID
US10-0272424
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
-
Bryan Davis DDS, Inc Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$865k
Owner & transaction history
629 S 2nd Avenue LLC
629 S 2nd Avenue LLC
since 2025
Last sale
$899,000
7 recorded transactions
Zoning & alternative use
CVCP · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+84.9%
Auto repair, garage
$1.0M
+40.5%
Medical building
$1.0M
+38.1%
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%
$860,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$725,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,345,000
Change: +85% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,020,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,005,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$680,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$650,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $899k (Jun 15 2025)
Last sale anchor
$899k
Jun 15 2025
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
$392 / 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
$10,955
Tax year 2024
Assessed value
$820,619
Assessed 2024
Previous assessed
$820,619
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$568,125
Assessed improvement
$252,494
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,207 SF
Lot
0.19 ac (8,201 SF)
Zoning code
CVCP
APN
8451-001-021
UPID
US10-0272424
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVCP · Covina, CA
Zoning CVCP · permitted uses
CVCP · 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
OFFICE BUILDING Current
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$650,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL 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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
629 S 2nd Avenue LLC
Entity
Mailing address
629 S 2ND AVE, COVINA, CA 91723-3518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
$899,000
629 S 2nd Avenue LLC
Bryan Davis
Grant Deed
$719,200 · Us Bank NA
Nov 4, 2008
$650,000
Bryan Davis
Skurow Family Trust
Grant Deed
—
Sep 20, 1995
$192,000
Skurow,steven I & Marlene E
Anthony H Tjan Trustee
Trustees Deed
$264,000 · Money Store Investment Corp
Sep 20, 1995
$64,000
Skurow,steven I & Marlene E
The,josephine G
Trustees Deed
—
May 1, 1995
$200,000
Mark S Beck
John A Radcliffe Trustee
Grant Deed
$180,000 · Seller
Jul 17, 1992
—
Tjan Anthony H
—
Deed Of Trust
related
—
—
—
Steven I Skurow
—
Deed Of Trust
related
$57,000 · Money Store California
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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