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Property profile & analytics
OFF-MARKET
Estimated value
$11,340,000
Hotels
24840 Elder Ave, Moreno Valley, CA 92557-7300
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2963419
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1988
Construction
WOOD
Total area
58,893 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CC
APN
481-322-038
UPID
US10-2963419
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
-
Cositas contruccion Hardware & Home Improvement Interior Design
-
Best Western Moreno Hotel & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.20M
CAP Approach
CAP
$6.82M
Comparable Approach
Comparable
$6.83M
Blend (final)
Blend
$11.34M
Owner & transaction history
Rishabh Investment LLC · 4 yrs held
Rishabh Investment LLC
since 2021
Last sale
$15.3M
7 recorded transactions
Zoning & alternative use
CC · Moreno Valley, 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 Moreno Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moreno Valley 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
$14,695,000
ML approach
$9,200,000
CAP Approach
CAP Return
Estimation
6%
$7,385,000
6.5%
$6,815,000
7%
$6,330,000
Blend value · Realmo final
$11.34M
Range $10.21M – $12.47M · ±10% · vs last sale $15.25M (Dec 23 2021)
Last sale anchor
$15.25M
Dec 23 2021
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
$193 / SF
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
$180,316
Tax year 2024
Assessed value
$16,074,700
Assessed 2024
Previous assessed
$16,074,700
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,517,768
Assessed improvement
$13,556,932
Applied tax rate
21.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Stories
3
Units
260
Total area
58,893 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CC
APN
481-322-038
UPID
US10-2963419
Jurisdiction
RIVERSIDE
Zoning & alternative use
CC · Moreno Valley, CA
Zoning CC · permitted uses
CC · Moreno Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Moreno Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Stories
3
Units
260
Lot
2.14 ac
Current owner
From public records · entity-resolved
Rishabh Investment LLC
Entity
Mailing address
16977 ESTORIL ST, CHINO HILLS, CA 91709-4104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2022
—
Rishabh Investment LLC
—
Deed
related
$4,851,000 · Advantage Certified Development Corporat
Dec 23, 2021
$15,250,000
Rishabh Investment LLC
Sitaji
Grant Deed
$7,870,000 · Poppy Bank
Dec 29, 2017
$11,240,000
Sitaji
Un Lakewood City Center LLC
Grant Deed
$5,000,000 · Us Metro Bank
Aug 1, 2017
—
Lin Property Investments LLC
Julianna Lin
Quit Claim Deed
related
$6,233,000 · American Plus Bank NA
Aug 30, 2007
$10,400,000
Lin Lakewood City Center LLC
Shreeji Krupa INC
Grant Deed
$7,350,000 · First Commercial Bank (usa)
Dec 13, 2001
$4,439,000
Shreeji Krupa INC
Pacifica Moreno Valley INC
Grant Deed
$1,774,000 · California Center Bank
Aug 28, 1991
$3,984,893
Heartland S As
Inn Sunnymead
Trustees Deed
related
—
Aug 1, 1990
$1,615,321
Naimco INC
Inn At Sunnymead
Trustees Deed
related
—
—
—
Shreeji Krupa INC
—
Deed Of Trust
related
$1,330,000 · California Center Bank
—
—
Pacifica Moreno Valley INC
—
Deed Of Trust
related
$2,200,000 · Home Bank Of California
—
—
Shreeji Krupa INC
—
Deed Of Trust
related
$2,900,000 · Cathay Bank
—
—
Shreeji Krupa INC
—
Deed Of Trust
related
$1,000,000 · Cathay Bank
—
—
Lin Lakewood City Center LLC
—
Loan Modification
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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