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Property profile & analytics

557 California Ave Reno, NV 89509

  • Office buildings
  • 905 SF
  • 0.16 lot acres
Value Estimation
Location Intelligence
Property ID
US62-0047989
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lane Christine / Family Counselor
  • Thomas Lavin / Marriage Or Relationship Counselor / Counselor
  • EASEAP / Psychotherapist

Property Details for 557 California Ave

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 lot acres
Property size
905 SF
Zone code
PO
Property type
Office buildings
APN
011-142-01
APU
1114201

Description

This exceptional 2,102 square foot commercial property, situated on a 0.36-acre lot on historic California Avenue in Reno, Nevada, presents a rare investment opportunity. Originally constructed as a cottage, this two-story brick building has been thoughtfully adapted into a unique office space. Its charming character is undeniable, offering a blend of historical charm and modern adaptability. A significant advantage is the inclusion of a detached coachman's property, presenting the exciting possibility of developing an Accessory Dwelling Unit (ADU). The versatility extends beyond the main structure

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $245,000
  • CAP approach

    CAP return
    Estimation
    6%
    $345,000
    6.5%
    $350,000
    7%
    $345,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $315,000
    Geo Method
    $270,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $350,000
    Retail
    $320,000
    Mixed-Use
    $315,000
    Hospitality
    $280,000
    Educational
    $360,000
    Residential Income
    $260,000
    Energy
    $360,000
    Income-Based Land
    $325,000
    Food Service
    $270,000

Location Insight

  • Map
  • Local Demand
City
Reno
County
Washoe
State
Nevada
Longitude
-119.819
Latitude
39.5203
CBSA code
39900
CBSA name
RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,988
$58,850
$36,263
$95,113
-
$168,144
$103,609
$271,753
More about this property
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