Back to Search
Property profile & analytics
FOR SALE
Apartment buildings
Auto Center Dr Lake Elsinore, CA 92530
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US09-2083334
For Sale
1 / 8
$1,200,000
Auto Center Dr, Lake Elsinore, CA 92530
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1998
Construction
WOOD
Total area
105,777 SF
Lot
8.02 ac (349,351 SF)
Zoning code
R106
APN
363-540-022
UPID
US09-2083334
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
-
BAMBUCOL2020 (Bike/Boat/Book/etc) Store
-
Villa Siena Apartments | Affordable Apartments Apartment Complex
-
AMF Transportation Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$26.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.41M
Owner & transaction history
Le Family Apartments · 27 yrs held
Le Family Apartments
since 1998
7 recorded transactions
Zoning & alternative use
R106 · Lake Elsinore, 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 Lake Elsinore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Elsinore 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%
$28,535,000
6.5%
$26,340,000
7%
$24,460,000
Blend value · Realmo final
$20.41M
Range $18.37M – $22.45M · ±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
$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
$5,269
Tax year 2024
Assessed value
$8,556,713
Assessed 2024
Previous assessed
$8,556,713
+0.0% YoY
Effective rate
0.06%
On assessed value
Assessed land
$1,442,072
Assessed improvement
$7,114,641
Applied tax rate
5.0000
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 (100+ UNITS)
Status
For Sale
Year built
1998
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
126
Total area
105,777 SF
Lot
8.02 ac (349,351 SF)
Zoning code
R106
APN
363-540-022
UPID
US09-2083334
Jurisdiction
RIVERSIDE
Zoning & alternative use
R106 · Lake Elsinore, CA
Zoning R106 · permitted uses
R106 · Lake Elsinore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Elsinore. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
126
Lot
8.02 ac
Current owner
From public records · entity-resolved
Le Family Apartments
Individual
Mailing address
14131 YORBA ST, TUSTIN, CA 92780-2052
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 1998
—
Le Family Apartments
Le Family Apartments,
Quit Claim Deed
related
$3,650,000 · Savings Associations Mortgage
Apr 28, 1998
—
Els Vly Muni Wtr Dist
Le Fmly Apts,
Grant Deed
related
—
Aug 28, 1997
—
Lke Cy
Le Fmly Apts,
Quit Claim Deed
related
—
Mar 24, 1997
—
Le Family Apartments LP
—
Grant Deed
related
$5,800,000 · Midland Mortgage Inv Corp
Jun 21, 1996
—
David B Etal Mcelroy
Mcelroy,david B Etux
Quit Claim Deed
related
—
Nov 21, 1995
$50,000
Le Family Apartments LP
Mc Elroy,david B & Margaret
Trustees Deed
$42,500 · Seller
Nov 21, 1995
—
Le Fmly Apts LP
Trtan,ann M Etal
Trustees Deed
related
—
Apr 4, 1994
—
Andrew R Etal Trtan
Trtan,andrew R E
Quit Claim Deed
related
—
Mar 22, 1994
$100,000
David B Mcelroy
R C Hobbs Co
Grant Deed
—
Oct 15, 1993
—
Andrew R Trtan
R C Hobbs Co
Grant Deed
related
—
Aug 1, 1989
$120,000
R C Hobbs Co
Unknown
Grant Deed
—
—
—
Le Family Apartments LP
—
Deed Of Trust
related
$250,000 · Riverside County (ca)
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
