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Property profile & analytics
OFF-MARKET
Estimated value
$3,800,000
Community centers
816 San Bernardino Rd Covina, CA 91722-3622
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US10-0205088
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Construction
TILT-UP CONCRETE
Total area
18,505 SF
Lot
1.49 ac (65,022 SF)
Zoning code
CVC3A*
APN
8432-032-030
UPID
US10-0205088
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
-
Farmers Insurance - How Wai Au Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.80M
Owner & transaction history
Richance Covina LLC · 23 yrs held
Richance Covina LLC
since 2003
7 recorded transactions
Zoning & alternative use
CVC3A* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$205 / 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
$38,244
Tax year 2024
Assessed value
$2,276,251
Assessed 2024
Previous assessed
$2,276,251
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,085,853
Assessed improvement
$1,190,398
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
18,505 SF
Lot
1.49 ac (65,022 SF)
Zoning code
CVC3A*
APN
8432-032-030
UPID
US10-0205088
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CVC3A* · Covina, CA
Zoning CVC3A* · permitted uses
CVC3A* · 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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.49 ac
Current owner
From public records · entity-resolved
Richance Covina LLC
Entity
Mailing address
PO BOX 2003, ARTESIA, CA 90702-2003
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Richance Covina LLC
—
Deed
related
$1,200,000 · East West Bank
Dec 21, 2022
—
Richance Covina LLC
—
Deed
related
$4,200,000 · East West Bank
May 16, 2017
—
Richance Covina LLC
—
Grant Deed
related
$1,500,000 · East West Bk
Jun 24, 2004
—
Richance Covina LLC
—
Deed Of Trust
related
$2,411,500 · Evertrust Bank
Feb 11, 2003
$2,500,000
Richance Covina LLC
Jillbridge Corp
Grant Deed
$1,750,000 · Evertrust Bank
Jul 11, 1995
—
Jillbridge Corporation
—
Deed Of Trust
related
$3,025,000 · Pacific Crest Inv & Loan
Jun 21, 1989
$1,809,000
Jillbridge Corp
Unknown
Grant Deed
—
—
—
Richance Covina LLC
—
Deed Of Trust
related
$4,350,000 · East West Bank
—
—
Richance Covina LLC
—
Loan Modification
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.
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