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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Apartment buildings
2900 Lemon St Riverside, CA 92501-2506
Individually Owned
~
Est. High Equity
Property ID
US10-1771893
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
3,016 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R3
APN
209-213-001
UPID
US10-1771893
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
$740k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Mark A Sanchez
Mark A Sanchez
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
R3 · Riverside, 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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $1.14M (Jun 19 2025)
Last sale anchor
$1.14M
Jun 19 2025
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
$293 / 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
$6,426
Tax year 2024
Assessed value
$572,993
Assessed 2024
Previous assessed
$572,993
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$195,214
Assessed improvement
$377,779
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,016 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R3
APN
209-213-001
UPID
US10-1771893
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Riverside, CA
Zoning R3 · permitted uses
R3 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Mark A Sanchez
Individual
Mailing address
PO BOX 661131, ARCADIA, CA 91066-1131
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
$1,139,500
Mark A Sanchez
The Peter Owen Tong & Catherine Ton
Grant Deed
$618,000 · Tong Dynasty Trust
Jul 28, 2017
$514,000
Tong,peter O & Catherine L Trust
Federal Hm Ln Mtg Corp
Grant Deed
—
May 16, 2017
$565,829
Federal Hm Ln Mtg Corp
Barrett Daffin Frappier T|riddle,chris
Trustees Deed
related
—
Nov 15, 2006
$575,000
Chris Riddle
Linke Angelika Trust
Grant Deed
$460,000 · California Empire Bancorp INC
Oct 11, 2006
—
Linke Angelika Trust
Linke,angelika
Quit Claim Deed
related
—
Sep 8, 1995
$78,760
Beneficial Mortgage Co
Winer,jack & Barbara S
Trustees Deed
related
—
—
—
Jack Winer
—
Deed Of Trust
related
$117,000 · Royal Thrift & Loan
—
—
Angelika Linke
—
Deed Of Trust
related
$97,150 · Beneficial Mortgage Co
—
—
Angelika Linke
—
Deed Of Trust
related
$90,000 · Beneficial Mortgage Co
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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