Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Investment properties
32840 Ortega Hwy Lake Elsinore, CA 92530-6501
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1517864
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
WOOD
Total area
2,243 SF
Lot
1.8 ac (78,408 SF)
Zoning code
CP
APN
386-050-007
UPID
US09-1517864
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
-
Pine Manor Training Center Tutoring Service
-
Houses of Memories, Lake Elsinore Resort Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.06M
Owner & transaction history
32840 Ortega LLC · 3 yrs held
32840 Ortega LLC
since 2022
Last sale
$980,000
7 recorded transactions
Zoning & alternative use
CP · 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
$1,155,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $980k (Sep 21 2022)
Last sale anchor
$980k
Sep 21 2022
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
$473 / 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
$12,168
Tax year 2024
Assessed value
$999,600
Assessed 2024
Previous assessed
$999,600
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$489,600
Assessed improvement
$510,000
Applied tax rate
65.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Units
3
Bathrooms
1
Total area
2,243 SF
Lot
1.8 ac (78,408 SF)
Zoning code
CP
APN
386-050-007
UPID
US09-1517864
Jurisdiction
RIVERSIDE
Zoning & alternative use
CP · Lake Elsinore, CA
Zoning CP · permitted uses
CP · 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
1955
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Units
3
Bathrooms
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
32840 Ortega LLC
Entity
Mailing address
2855 CHATEAU WAY, LAGUNA BEACH, CA 92651-2010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 21, 2022
$980,000
32840 Ortega LLC
Gail Gasparovich Warner
Grant Deed
—
Jul 25, 2007
—
Warner Gail G Trust
Warner,gail G
Quit Claim Deed
related
—
Oct 13, 1994
$233,000
Gail Warner
Prill Trust
Grant Deed
related
$152,895 · Seller
—
—
Gail G Warner
—
Deed Of Trust
related
$280,000 · Equity 1 Lenders Group
—
—
Gail Warner
—
Deed Of Trust
related
$251,250 · East West Bank
—
—
Gail G Warner
—
Deed Of Trust
related
$50,000 · Full Spectrum Lending INC
—
—
Gail Warner
—
Deed Of Trust
related
$251,250 · Citicorp Bank
—
—
Gail G Warner
—
Deed Of Trust
related
$371,000 · Fieldstone Mortgage Co
—
—
Prill Trust
—
Deed Of Trust
related
$168,750 · Wells Fargo Bank
—
—
Prill Trust
—
Deed Of Trust
related
$100,000 · Wells Fargo Bank
—
—
Prill Trust
—
Deed Of Trust
related
$10,000 · Wells Fargo Bank
—
—
Gail G Warner
—
Deed Of Trust
related
$85,500 · Countrywide Bank
—
—
Gail G Warner
—
Deed Of Trust
related
$29,689 · Countrywide Bank
—
—
Gail G Warner
—
Deed Of Trust
related
$464,000 · Wholesale Capital Corp
—
—
Gail G Warner
—
Deed Of Trust
related
$200,000 · Wholesale Capital Corp
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?”
You own 32840 Ortega Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
