Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21492 Dunn Wildomar, CA 92595

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $699,900

    Three dwellings with income potential in Wildomar, California.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 7:50 pm

    Property Features for 21492 Dunn

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    Tyson Robinson
    Tyson Robinson

    Listing agent Tyson Robinson License #01701231

    Listing office Trillion Real Estate

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Trillion Real Estate

    Overview

    Wildomar Multifamily Investment Opportunity

    This Wildomar property features three separate dwellings, presenting various possibilities, including multi-generational living or creating an event space. It offers income potential, currently bringing in approximately $4,600 monthly. The property includes chicken coops, vegetable gardens, and sheds. There is ample parking space. The larger property is divided into two, with two separate addresses for one parcel. The property has two separate electric and water meters and two septic tanks. Additional Dwelling Unit (ADU) potential is present.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wildomar
    County
    Riverside
    State
    California
    Longitude
    -117.277052
    Latitude
    33.600102

    Nearby Similar for Sale

    • $699,900
      3,700 SF

      Wildomar Triplex with Income Potential

      Triplex in Wildomar, CA, offering income potential and multiple possibilities.
      21492 Dunn, Wildomar, CA 92595
      View Details
    • $2,900,000
      10,500 SF

      Cannabis Facility with Custom Home

      2.18 acres, custom home, cannabis facility, Wildomar approved recreational.
      35260 Bayless Rd Unit Wildomar UNIT WILDOMAR, Unit WILDOMAR, Wildomar, CA 92595
      View Details
    • $3,850,000
      6,277 SF

      Retail Property with Car Wash

      Retail property with in-place income and vacant car wash.
      32120 Clinton Keith Rd, Wildomar, CA 92595
      View Details
    • $975,000

      Two Residences, One Lot

      Two independent, fully permitted residences on one lot, no HOA.
      22862 & 22864 Temet, Wildomar, CA 92595
      View Details
    • $2,250,000
      9,000 SF

      Wildomar Commercial Property with Freeway Frontage

      Commercial property for sale with freeway frontage and income potential.
      23305 Peggy Lane, Wildomar, CA 92595
      View Details
    • Contact for pricing
      261,000 SF

      Industrial Buildings with Secured Truck Court

      Three free-standing industrial buildings with excellent freeway access.
      36363-36387 Elizabeth Ln, Wildomar, CA
      View Details
    • Contact for pricing
      56,799 SF

      Medical Hub Strategic Location

      Located in the heart of the region’s medical hub.
      36450 Inland Valley Dr, Wildomar, CA 92595
      View Details
    • Contact for pricing
      195,642 SF

      Industrial Buildings with Secured Yard

      Two free-standing industrial buildings with excellent freeway access.
      36363-36375 Elizabeth Ln, Wildomar, CA
      View Details
    • $2,250,000
      9,000 SF

      Freeway Frontage Industrial Property

      Industrial property with freeway frontage and income-producing tenants.
      23305 Peggy Lane, Wildomar, CA 92595
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Three dwellings with income potential in Wildomar, California.
    Where is this multifamily property located?
    The property is located at 21492 Dunn Wildomar, CA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Income potential of approximately $4,600/month.; Three separate dwellings on one property.; Two separate addresses for one parcel.
    (951) 970-5740
    We can help!
    Listing Contact
    Tyson Robinson
    Tyson Robinson
    Real Estate License ID: 01701231
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!