Technical
Financial
Distress signals
Property profile

642 2nd Ave Covina, CA 91723

OFF-MARKET
Office buildings
Property ID
US09-7967429
3,252 SF 0.17 ac lot Built 1964
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Total area 3,252 SF
Lot 0.17 ac (7,350 SF)
Zoning code CVCP
APN 8451-003-014
UPID US09-7967429

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
  • Geriatric Care Provider Nursing Home
  • Real Estate Agency
  • Fingerprinting Service Notary Public
  • Accounting Firm Tax Preparation

Location

642 2nd Ave Covina, CA 91723-3521
Covina metro Census 406103 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.24M
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$994k
Blend (final) Blend
$1.24M

Owner & transaction history

since 2024
Last sale
$1.2M
7 recorded transactions
2024
$1.2M
2024
Price N/A
2024
Price N/A
2014
$585,000
2010
Price N/A
2010
$615,000
2004
Price N/A

Zoning & alternative use

CVCP · Covina, CA
Top alternative use upside
Neighborhood: shopping center $2.0M +84.9%
Auto repair, garage $1.5M +40.5%
Medical building $1.5M +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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