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Property profile & analytics
OFF-MARKET
Strip malls
1430 University Ave Riverside, CA 92507
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0032635
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
WOOD
Total area
1,951 SF
Lot
2.08 ac (90,604 SF)
Zoning code
C2
APN
253-030-020
UPID
US09-0032635
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
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
J Park · 24 yrs held
J Park
since 2002
7 recorded transactions
Zoning & alternative use
C2 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
COMMERCIAL ZONES HANDOUT A10
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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$55,531
Tax year 2024
Assessed value
$5,018,086
Assessed 2024
Previous assessed
$5,018,086
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,770,265
Assessed improvement
$3,247,821
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Total area
1,951 SF
Lot
2.08 ac (90,604 SF)
Zoning code
C2
APN
253-030-020
UPID
US09-0032635
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Riverside, CAZoning C2 · permitted uses
C2 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
COMMERCIAL ZONES HANDOUT A10
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Lot
2.08 ac
Current owner
From public records · entity-resolved
J Park
Individual
Mailing address
31014 MARNE DR, RANCHO PALOS VERDES, CA 90275-5614
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2018
—
Chang,y S & S 1996 Trust
—
Deed
related
$1,740,000 · Hanmi Bk
Jun 18, 2002
—
J Park
Kim,e
Grant Deed
related
—
Jul 25, 1996
—
Riv Cy
Lee,victor D Etal
Grant Deed
related
—
Jul 10, 1991
—
Victor D Lee
Rollnick Harkey
Grant Deed
related
—
Jan 1, 1989
$10,500
Consuelo Salgado
Southmark Pacifi
Grant Deed
—
—
—
Chang Yoon S & In S 1996 Trust
—
Deed Of Trust
related
$2,230,000 · East West Bank
—
—
Chang,y S & S 1996 Trust
—
Loan Modification
related
$1,740,000 · Hanmi Bk
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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