Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$20,130,000
Warehouses
753 Arrow Grand Cir Covina, CA 91722-2148
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7889291
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
71,762 SF
Lot
3.27 ac (142,337 SF)
Zoning code
CVC4PCD*
APN
8405-003-047
UPID
US09-7889291
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
-
Beyond The Summit Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.37M
Comparable Approach
Comparable
$24.46M
Blend (final)
Blend
$20.13M
Owner & transaction history
2trees LLC · 1 yrs held
2trees LLC
since 2025
Last sale
$20.8M
7 recorded transactions
Zoning & alternative use
CVC4PCD* · Covina, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$33.2M
+57.4%
Medical building
$32.6M
+54.7%
Office building
$22.4M
+6.3%
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%
$15,565,000
6.5%
$14,365,000
7%
$13,340,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$21,085,000
Current use
AUTO REPAIR, GARAGE
$33,195,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$32,620,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$22,415,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$22,175,000
Change: +5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$18,660,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$20.13M
Range $18.12M – $22.14M · ±10% · vs last sale $20.85M (Dec 28 2024)
Last sale anchor
$20.85M
Dec 28 2024
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
$281 / 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
$138,877
Tax year 2024
Assessed value
$10,736,867
Assessed 2024
Previous assessed
$10,736,867
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$5,912,249
Assessed improvement
$4,824,618
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
71,762 SF
Lot
3.27 ac (142,337 SF)
Zoning code
CVC4PCD*
APN
8405-003-047
UPID
US09-7889291
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVC4PCD* · Covina, CA
Zoning CVC4PCD* · permitted uses
CVC4PCD* · 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
WAREHOUSE, STORAGE Current
Est. value
$21.1M
AUTO REPAIR, GARAGE
Est. value
$33.2M
MEDICAL BUILDING
Est. value
$32.6M
OFFICE BUILDING
Est. value
$22.4M
COMMERCIAL (GENERAL)
Est. value
$22.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.27 ac
Current owner
From public records · entity-resolved
2trees LLC
Entity
Mailing address
755 ARROW GRAND CIR, COVINA, CA 91722-2148
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
$20,848,500
2trees LLC
Ctt Tools INC
Grant Deed
—
Dec 13, 2017
$9,625,000
Ctt Tools INC
753 Arrow Grand Circle LLC
Grant Deed
$7,200,000 · East West Bank
Feb 28, 2003
—
Tom L Johnston
French Co
Quit Claim Deed
related
—
Feb 14, 2003
—
753 Arrow Grand Circle LLC
Johnston,tom L
Grant Deed
related
—
Mar 27, 1991
$3,156,000
Acquisition C Fc
San Dimas Luggag
Grant Deed
related
—
—
—
Johnston Manufacturing Corp
—
Deed Of Trust
related
$200,000 · Foothill Independent Bank
—
—
753 Arrow Grand Circle LLC
—
Deed Of Trust
related
$2,600,000 · Pacific Western Bank
—
—
French Co INC
—
Deed Of Trust
related
$2,100,000 · Foothill Independent Bank
—
—
753 Arrow Grand Circle LLC
—
Deed Of Trust
related
$2,000,000 · Harbor Bank
—
—
French Co INC
—
Deed Of Trust
related
—
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 753 Arrow Grand Cir?
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.
