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Property profile & analytics
OFF-MARKET
Estimated value
$5,790,000
Apartment buildings
4661 Arlington Ave Riverside, CA 92504-2701
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3510407
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
25,552 SF
Lot
1.51 ac (65,775 SF)
Zoning code
R3
APN
226-210-018
UPID
US09-3510407
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
-
Arlington Gardens Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.99M
CAP Approach
CAP
$5.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.79M
Owner & transaction history
Arlington 77 LLC · 6 yrs held
Arlington 77 LLC
since 2020
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
R3 · 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
$6,495,000
ML approach
$6,985,000
CAP Approach
CAP Return
Estimation
6%
$5,655,000
6.5%
$5,220,000
7%
$4,845,000
Blend value · Realmo final
$5.79M
Range $5.21M – $6.37M · ±10% · vs last sale $5.13M (May 1 2020)
Last sale anchor
$5.13M
May 1 2020
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
$78,132
Tax year 2024
Assessed value
$6,986,395
Assessed 2024
Previous assessed
$6,986,395
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,393,861
Assessed improvement
$5,592,534
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 (5+ UNITS)
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Stories
2
Units
2
Total area
25,552 SF
Lot
1.51 ac (65,775 SF)
Zoning code
R3
APN
226-210-018
UPID
US09-3510407
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Riverside, CA
Zoning R3 · permitted uses
R3 · 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
Year built
1971
Construction
WOOD
Heating
NONE
Stories
2
Units
2
Lot
1.51 ac
Current owner
From public records · entity-resolved
Arlington 77 LLC
Entity
Mailing address
187 HOCH WAY, HEMET, CA 92545-8872
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2020
—
Arlington 77 LLC
Newport Lake LLC
Quit Claim Deed
$6,288,000 · Walker & Dunlop
Jan 28, 2005
$5,125,000
23 Magnolia LLC
Aanenson Properties
Partnership Deed
$3,843,000 · Washington Mutual Bank Fa
Nov 10, 1998
$245,000
Properties Aanenson
Montana 1031 Exchange Corp INC
Grant Deed
related
—
May 14, 1998
$391,750
Montana 1031 Exchangecorp INC
Knoth Trust
Grant Deed
related
$293,750 · Seller
—
—
Short Hill Court 14052
—
Deed Of Trust
related
$2,700,000 · Washington Mutual Fsb
—
—
Knoth,trust
—
Deed Of Trust
related
$1,015,000 · American Savings Bank
—
—
23 Magnolia LLC
—
Deed Of Trust
related
$3,100,000 · Walker & Dunlop
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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