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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Apartment buildings
33071 Santa Rosa Dr Lake Elsinore, CA 92530-1443
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2854438
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Total area
6,143 SF
Lot
1.3 ac (56,628 SF)
Zoning code
R3
APN
381-290-018
UPID
US09-2854438
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
-
Santa Rosa Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Matta,ramsey Lifetime Trust · 6 yrs held
Matta,ramsey Lifetime Trust
since 2019
7 recorded transactions
Zoning & alternative use
R3 · 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%
$1,655,000
6.5%
$1,530,000
7%
$1,420,000
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$227 / 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
$33,823
Tax year 2024
Assessed value
$3,282,545
Assessed 2024
Previous assessed
$3,282,545
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$709,261
Assessed improvement
$2,573,284
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Total area
6,143 SF
Lot
1.3 ac (56,628 SF)
Zoning code
R3
APN
381-290-018
UPID
US09-2854438
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Lake Elsinore, CA
Zoning R3 · permitted uses
R3 · 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
1987
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Lot
1.3 ac
Current owner
From public records · entity-resolved
Matta,ramsey Lifetime Trust
Trust
Mailing address
9797 WHIRLAWAY ST, RANCHO CUCAMONGA, CA 91737-1643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 4, 2019
$3,161,500
Matta,ramsey Lifetime Trust
Pi Properties 151 LLC
Trustees Deed
$1,475,000 · Corona Business Fin'l Ctr
Oct 4, 2017
—
Pirelli,joanne C Living Trust
Pirelli,joanne C
Quit Claim Deed
related
—
Mar 7, 2017
—
Pi Properties 151 LLC
—
Grant Deed
related
$1,410,000 · Luther Burbank Svgs
Jan 24, 2017
$2,090,000
Pi Properties 151 LLC
Kircher Family Partners LP
Grant Deed
—
Dec 20, 2012
$1,490,000
Kircher Family Partners LP
Cantu,henry & Joanne
Grant Deed
—
Jul 7, 1993
$395,000
Thomas L Gioia
First Nationwide
Grant Deed
—
Feb 16, 1993
$696,609
First Nationwide Bank
Webster,ned L
Trustees Deed
related
—
Mar 1, 1989
$190,000
Mcalary Sean P &
Mid Exchange INC
Trustees Deed
related
$104,917 · Webster Ned L
—
—
Henry Cantu
—
Deed Of Trust
related
$400,000 · First State Bank Southern Ca
—
—
Mid Exchange INC
—
Deed Of Trust
related
$104,917 · Webster Ned L
—
—
Henry A Cantu
—
Deed Of Trust
related
$400,000 · Chris Stavaridis
—
—
Henry A Cantu
—
Deed Of Trust
related
$800,000 · Edward F Levine
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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