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Property profile & analytics
OFF-MARKET
Estimated value
$3,395,000
Mobile home & RV parks
1920 Florida Ave Hemet, CA 92544-4732
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3034156
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Construction
WOOD FRAME
Lot
3.31 ac (144,183 SF)
Zoning code
C1
APN
445-232-009
UPID
US10-3034156
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
-
Chuck's Mobile Home Services Roofing Company General Contractor
-
Used Transmission Sales Auto Repair Shop
-
Sunrise Mobile Home park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.40M
Owner & transaction history
Hidden Oasis LLC · 2 yrs held
Hidden Oasis LLC
since 2023
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
C1 · 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
Method
Estimation
Statistic approach
$3,695,000
ML approach
$3,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.40M
Range $3.06M – $3.73M · ±10% · vs last sale $3.40M (Dec 22 2023)
Last sale anchor
$3.40M
Dec 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$38,900
Tax year 2024
Assessed value
$3,400,000
Assessed 2024
Previous assessed
$3,400,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,585,000
Assessed improvement
$1,815,000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Construction
WOOD FRAME
Heating
NONE
Units
46
Lot
3.31 ac (144,183 SF)
Zoning code
C1
APN
445-232-009
UPID
US10-3034156
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Hemet, CA
Zoning C1 · permitted uses
C1 · 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
Construction
WOOD FRAME
Heating
NONE
Units
46
Lot
3.31 ac
Current owner
From public records · entity-resolved
Hidden Oasis LLC
Entity
Mailing address
4119 MARGIE WAY, RIVERSIDE, CA 92509-0769
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
$3,400,000
Hidden Oasis LLC
Yi Kim Chun
Grant Deed
$2,040,000 · Chino Commercial Bank NA
Oct 12, 2017
—
Kim,chun Yi Living Trust
Kim,chunyi
Quit Claim Deed
related
—
Dec 23, 2015
—
Chun Y Kim
Kim,yeong J
Quit Claim Deed
related
—
Dec 23, 2015
$1,750,000
Chunyi Kim
Sunrise Mhp LLC
Grant Deed
$1,050,000 · First National Bank Of Southern Cal
Oct 8, 2015
—
Sunrise Mhp LLC
Alaei,suzanne
Quit Claim Deed
related
—
Jan 9, 2006
$1,750,000
Suzanne Alaei
Moon Trust
Grant Deed
$1,050,000 · Inland Empire National Bank
Dec 1, 1989
$327,500
Moon Kabyong
Obeji Naim
Grant Deed
related
$610,000 · Obeji Naim
Jul 1, 1988
$60,000
Naim Obeji
Bellamy June A
Trustees Deed
—
Jul 1, 1988
$440,363
Naim Obeji
Bellamy June A
Trustees Deed
related
$319,559 · Bellamy June A
—
—
Moon Trust
—
Deed Of Trust
related
$400,000 · Highland Federal Bank
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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