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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Apartment buildings
342 Dl St Perris, CA 92571-4800
Individually Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2600193
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2003
Construction
WOOD
Total area
6,636 SF
Lot
3.93 ac (171,190 SF)
Zoning code
R1
APN
311-180-049
UPID
US09-2600193
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
-
M.D. BORZOSH, INC. Trucking Company
-
Redlands Towne Square LLC Condominium Complex Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.45M
Owner & transaction history
Towne Square Red · 24 yrs held
Towne Square Red
since 2001
5 recorded transactions
Zoning & alternative use
R1 · Perris, 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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$1,790,000
6.5%
$1,655,000
7%
$1,535,000
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$219 / 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
$82,046
Tax year 2024
Assessed value
$7,153,648
Assessed 2024
Previous assessed
$7,153,648
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$271,878
Assessed improvement
$6,881,770
Applied tax rate
8.0000
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
2003
Construction
WOOD
Heating
NONE
Buildings
5
Stories
2
Units
8
Total area
6,636 SF
Lot
3.93 ac (171,190 SF)
Zoning code
R1
APN
311-180-049
UPID
US09-2600193
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Perris, CA
Zoning R1 · permitted uses
R1 · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
NONE
Stories
2
Buildings
5
Units
8
Lot
3.93 ac
Current owner
From public records · entity-resolved
Towne Square Red
Individual
Free & Clear · 24 yrs held
Mailing address
8547 WHITE OAK AVE #106, RANCHO CUCAMONGA, CA 91730-5146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2018
—
Redlands Towne Square LLC
—
Grant Deed
related
$9,000,000 · Pnc Bk
Nov 18, 2003
—
Redlands Towne Square LLC
—
Deed Of Trust
related
$11,100,000 · L J Melody & Co
Jul 20, 2001
—
Towne Square Red
Friend Devlkp
Grant Deed
related
—
Apr 23, 1998
$5,000
Development-lake Perris Friend
Dixon,peter R
Grant Deed
—
Dec 28, 1995
—
Carl Terranova
Terranova,katherine
Quit Claim Deed
related
—
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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