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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Apartment buildings
3887 Pierce St Riverside, CA 92503
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1649322
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Lot
20.08 ac (874,684 SF)
Zoning code
R020
APN
142-190-025
UPID
US09-1649322
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Corona Pointe Resort LLC · 6 yrs held
Corona Pointe Resort LLC
since 2020
7 recorded transactions
Zoning & alternative use
R020 · Riverside, 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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
—
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
$845,266
Tax year 2024
Assessed value
$68,583,909
Assessed 2024
Previous assessed
$68,583,909
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$10,512,377
Assessed improvement
$58,071,532
Applied tax rate
9.0000
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
Off-Market
Heating
NONE
Lot
20.08 ac (874,684 SF)
Zoning code
R020
APN
142-190-025
UPID
US09-1649322
Jurisdiction
RIVERSIDE
Zoning & alternative use
R020 · Riverside, CA
Zoning R020 · permitted uses
R020 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
20.08 ac
Current owner
From public records · entity-resolved
Corona Pointe Resort LLC
Entity
Mailing address
15320 BARRANCA PKWY STE #100, IRVINE, CA 92618-2255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2020
—
Corona Pointe Resort LLC
Advanced Group 13-107
Grant Deed
$120,900,000 · Northmarq Cap
Oct 30, 2013
$54,000,000
Advanced Group 13 107
Frg Corona Pointe LLC
Grant Deed
—
May 24, 2012
—
Jsp Corona Pointe LLC
Fountains South Bay LLC
Grant Deed
$9,600,000 · M&t Realty Capital Corporation
Sep 30, 2010
$73,727,000
Fountains South Bay LLC
Bre Properties INC
Grant Deed
$60,000,000 · M & T Realty Capital Corp
Sep 23, 2003
—
Bre Properties LLC
Lyon Corona Pointe LLC
Grant Deed
related
—
Dec 12, 2000
—
Lyon Corona Pointe LLC
Rreef America Reit Corp
Grant Deed
$47,500 · Debis Financial Corp
Aug 1, 1996
$21,354
Rreef America Reit Corp
Pebble Sand LP
Trustees Deed
—
Aug 1, 1996
$13,295
Rreef America Reit Corp
Piercelimited Ptsh
Trustees Deed
—
Sep 21, 1993
—
3957 Pierce Ltd Ptshp
Pebble Sand Ltd
Grant Deed
related
—
Aug 4, 1992
$21,600,000
Pebble Sand Ltd Partnership
Franklin,sand Pe
Trustees 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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