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Property profile & analytics
OFF-MARKET
Estimated value
$18,575,000
Apartment buildings
4682 Mitchell Ave Riverside, CA 92505-1488
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3980331
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2021
Construction
WOOD
Total area
12,568 SF
Lot
2.41 ac (104,979 SF)
Zoning code
C3
APN
143-051-030
UPID
US09-3980331
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
$18.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.58M
Owner & transaction history
Rya Realty Group LP · 1 yrs held
Rya Realty Group LP
since 2024
Last sale
$18.6M
7 recorded transactions
Zoning & alternative use
C3 · 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
$18,575,000
ML approach
$18,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.58M
Range $16.72M – $20.43M · ±10% · vs last sale $18.58M (Nov 4 2024)
Last sale anchor
$18.58M
Nov 4 2024
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
$1,478 / 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
$171,789
Tax year 2024
Assessed value
$14,097,745
Assessed 2024
Previous assessed
$14,097,745
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,792,745
Assessed improvement
$11,305,000
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
2021
Construction
WOOD
Heating
NONE
Buildings
4
Stories
2
Total area
12,568 SF
Lot
2.41 ac (104,979 SF)
Zoning code
C3
APN
143-051-030
UPID
US09-3980331
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Riverside, CA
Zoning C3 · permitted uses
C3 · 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
2021
Construction
WOOD
Heating
NONE
Stories
2
Buildings
4
Lot
2.41 ac
Current owner
From public records · entity-resolved
Rya Realty Group LP
Entity
Free & Clear · 1 yrs held
Mailing address
151 KALMUS DR STE A202, COSTA MESA, CA 92626-5999
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
$18,575,000
Rya Realty Group LP
Westbrook 56 LP
Grant Deed
—
Mar 21, 2024
—
Westbrook 56 LP
—
Deed
related
$7,000,000 · Westbrook Loan 2024 LP
Sep 16, 2021
$2,684,500
Westbrook 56 LP
Iairbrook Communities LLC
Grant Deed
$12,250,000 · Trez Capital California Limited Par
Jan 8, 2020
$1,680,000
Fairbrook Communities LLC
Newport Fidelity INC
Grant Deed
$2,140,000 · Charles Mugler
Aug 18, 2017
$404,000
Newfort Fidelity INC
Nguyen,son N
Grant Deed
—
Jun 3, 2016
$400,000
Son N Nguyen
Maynor Jack W & D E Trust
Grant Deed
—
Mar 19, 2012
—
Maynor Jack W & Doris E Trust
Maynor Jack W & D E Trust
Quit Claim Deed
related
—
Sep 26, 2005
—
Maynor,jack W
Jack & Helena Trust
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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