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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Apartment buildings
29605 Solana Way Temecula, CA 92591-3752
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3035928
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
8,240 SF
Lot
15.99 ac (696,524 SF)
Zoning code
HDR
APN
921-290-004
UPID
US10-3035928
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
-
Universe At Temecula LLC Apartment Building
-
VIRTUAL STUDIOS Web Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Home Care Aide Network Home Health Care Service
-
GET MONEY COMMITTEE RECORDS Recording Studio
-
Stranger Team General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$985k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$994k
Blend (final)
Blend
$1.30M
Owner & transaction history
29605 Solana Way LLC · 7 yrs held
29605 Solana Way LLC
since 2018
7 recorded transactions
Zoning & alternative use
HDR · Temecula, 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 Temecula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temecula 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
$985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10%
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
$157 / 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
$693,503
Tax year 2024
Assessed value
$61,813,287
Assessed 2024
Previous assessed
$61,813,287
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$12,371,989
Assessed improvement
$49,441,298
Applied tax rate
13.0000
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
1989
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
3
Total area
8,240 SF
Lot
15.99 ac (696,524 SF)
Zoning code
HDR
APN
921-290-004
UPID
US10-3035928
Jurisdiction
RIVERSIDE
Zoning & alternative use
HDR · Temecula, CAZoning HDR · permitted uses
HDR · Temecula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
3
Lot
15.99 ac
Current owner
From public records · entity-resolved
29605 Solana Way LLC
Entity
Mailing address
10866 WILSHIRE BLVD STE #670, LOS ANGELES, CA 90024-4365
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2018
—
29605 Solana Way LLC
—
Deed
related
$61,807,000 · Arbor Com'l Fndg I LLC
Sep 28, 2018
—
29605 Solana Way LLC
29605 Solana Way LLC
Quit Claim Deed
related
$61,807,000 · Arbor Commercial Funding LLC
Oct 31, 2017
—
29605 Solana Way LLC
—
Deed
related
$61,000,000 · Arbor Realty SR
Jan 9, 2015
$52,400,000
29603 Solana Way LLC
Apa 9 Owner LLC
Grant Deed
$39,406,000 · Arbor Commercial Funding LLC
Dec 31, 2012
$41,000,000
Apa 9 Owner LLC
Jpmcc 2006-ldp7 Solana Way Ltd
Grant Deed
—
Dec 22, 2011
$28,000,000
Jpmcc 2006-ldp7 Solana Way LP
Fidelity National Title Co
Trustees Deed
related
—
Dec 8, 2011
$28,000
Jpmcc 2006-ldp7 Solano Way LP
Fidelity National Title Co
Trustees Deed
related
—
May 12, 2006
—
Universe At Temecula Park LLC
California Acacia LP
Grant Deed
$35,000,000 · Eurohypo Ag
Apr 30, 2002
—
California Acacia LP
Del Cano Acacia Park LP
Grant Deed
related
—
Mar 31, 1995
$4,006,727
Magellan Acacia Park LP
Temecula 320 LP
Grant Deed
—
Jul 1, 1988
$2,000,000
Acacia Const INC
Rancho Mobile Ho
Grant Deed
$1,420,000 · Rancho Mobile Ho
—
—
320 Temecula
—
Deed Of Trust
related
$12,000,000 · Ami Capital INC
—
—
Chris Caldwell
—
Deed Of Trust
related
$278,000 · Rbc Mortgage Co
—
—
29605 Solana Way LLC
—
Deed Of Trust
related
$61,000,000 · Arbor Realty SR
—
—
29605 Solana Way LLC
—
Deed Of Trust
related
$61,807,000 · Arbor Com'l Fndg I LLC
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.
Try Rey
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