Technical
Financial
Distress signals
Property profile

16420 Joy St Lake Elsinore, CA 92530

OFF-MARKET
Apartment buildings
Property ID
US09-3457722
7,560 SF 0.82 ac lot Built 1982
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1982
Construction WOOD
Total area 7,560 SF
Lot 0.82 ac (35,719 SF)
APN 379-131-026
UPID US09-3457722

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16420 Joy St Lake Elsinore, CA 92530-7941
Lake Elsinore metro Census 43005 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.89M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M

Owner & transaction history

since 2018
7 recorded transactions
2018
$1.2M
2012
$540,000
2008
$400,000
2005
Price N/A
2005
$975,000
2005
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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