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Property profile & analytics
OFF-MARKET
Manufacturing properties
1403 Menlo Ave Hemet, CA 92544-3108
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1646378
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1975
Construction
WOOD
Total area
1,728 SF
Lot
2.16 ac (94,089 SF)
Zoning code
CICP
APN
445-030-010
UPID
US09-1646378
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
-
Cody Self Storage Facility Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ruben Cifuentes Esli · 1 yrs held
Ruben Cifuentes Esli
since 2025
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
CICP · Hemet, 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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
—
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
$5,941
Tax year 2024
Assessed value
$514,099
Assessed 2024
Previous assessed
$514,099
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$454,711
Assessed improvement
$59,388
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Total area
1,728 SF
Lot
2.16 ac (94,089 SF)
Zoning code
CICP
APN
445-030-010
UPID
US09-1646378
Jurisdiction
RIVERSIDE
Zoning & alternative use
CICP · Hemet, CA
Zoning CICP · permitted uses
CICP · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
2.16 ac
Current owner
From public records · entity-resolved
Ruben Cifuentes Esli
Individual
Mailing address
2132 CENTURY PARK LN APT #107, LOS ANGELES, CA 90067-3320
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2025
$700,000
Ruben Cifuentes Esli
Tai Kyu Park
Grant Deed
$367,000 · Harvest Commercial Capital LLC
May 16, 2025
—
Ruben Cano Cifuentes Esll
—
Deed
related
$266,000 · The Mortgage Capital Development Corp
Mar 26, 1998
$10,000
Tai-kyu Park
Kim,yong H
Grant Deed
—
Dec 29, 1993
—
Yong H Kim
Yun,kenneth G Et
Quit Claim Deed
related
—
May 1, 1990
$185,000
Park Taikyu
Buess Fred W
Grant Deed
$110,197 · Seller
Apr 1, 1989
$121,000
Fred W Buess
Moore Paul D
Grant Deed
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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