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Property profile & analytics
OFF-MARKET
Estimated value
$6,485,000
Apartment buildings
4824 Van Buren Blvd Riverside, CA 92503
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0272062
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2020
Construction
WOOD
Total area
696 SF
Lot
4.11 ac (179,031 SF)
Zoning code
R3150
APN
151-380-054
UPID
US09-0272062
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.49M
Owner & transaction history
Turtle Creek Residential LLC · 9 yrs held
Turtle Creek Residential LLC
since 2016
7 recorded transactions
Zoning & alternative use
R3150 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$9,318 / 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
$390,999
Tax year 2024
Assessed value
$31,930,838
Assessed 2024
Previous assessed
$31,930,838
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,915,615
Assessed improvement
$30,015,223
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
2020
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Units
10
Bathrooms
2
Total area
696 SF
Lot
4.11 ac (179,031 SF)
Zoning code
R3150
APN
151-380-054
UPID
US09-0272062
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3150 · Riverside, CA
Zoning R3150 · permitted uses
R3150 · 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
2020
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Units
10
Bathrooms
2
Lot
4.11 ac
Current owner
From public records · entity-resolved
Turtle Creek Residential LLC
Entity
Mailing address
9680 FLAIR DR, EL MONTE, CA 91731-3005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
Turtle Creek Residential LLC
—
Deed
related
$20,383,500 · Cbre Hmf INC
Nov 6, 2020
—
Turtle Creek Residential LLC
—
Deed
related
$18,700,000 · Cathay Bk
Jul 21, 2020
—
Turtle Creek Residential LLC
—
Deed
related
$11,737,000 · Cathay Bk
Jul 15, 2019
—
Turtle Creek Residential LLC
—
Deed
related
$14,000,000 · Cathay Bk
Feb 13, 2018
—
Turtle Creek Residential LLC
—
Deed
related
$11,737,000 · Cathay Bk
Dec 15, 2016
—
Turtle Creek Residential LLC
Pacific Oasis LLC
Quit Claim Deed
related
$11,737,000 · Cathay Bk
Sep 23, 2016
—
Pacific Oasis LLC
Pacific Oasis LLC
Quit Claim Deed
related
—
Jan 7, 2015
$1,300,000
Pacific Oasis LLC
Van Buren Apartments LLC
Grant Deed
—
Aug 11, 2006
—
Van Buren Apartments LLC
Lard Investment
Grant Deed
related
—
Apr 23, 2004
$1,000,000
Investments LP Lard
Backus,tr
Grant Deed
$604,825 · Orange Community Bank
Apr 23, 2004
—
Backus,tr
Van Buren Land Development Co
Grant Deed
related
—
—
—
Van Buren Apartments LLC
—
Deed Of Trust
related
$500,000 · Michael Rolfes
—
—
Turtle Creek Residential LLC
—
Loan Modification
related
$14,000,000 · Cathay Bk
—
—
Turtle Creek Residential LLC
—
Loan Modification
related
$11,737,000 · Cathay Bk
—
—
Turtle Creek Residential LLC
—
Deed Of Trust
related
$3,025,000 · Pacific Oasis LLC
—
—
Turtle Creek Residential LLC
—
Loan Modification
related
$11,737,000 · Cathay Bk
—
—
Turtle Creek Residential LLC
—
Deed Of Trust
related
$18,700,000 · Cathay Bk
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.
Try Rey
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