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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Medical Office Space
4843 Arlington Ave, Riverside, CA 92504-2760
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3207457
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1952
Construction
WOOD
Total area
1,927 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RO
APN
226-202-049
UPID
US10-3207457
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
-
California Foot and Ankle Clinic Medical Clinic
-
DVBE Insurance and Financial Services LLC. Financial Advisor
-
DVBE Marketing Services Advertising Agency Marketing & Advertising
-
Raymond G. Rojas, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$665k
Owner & transaction history
Starplex LLC · 4 yrs held
Starplex LLC
since 2022
Last sale
$681,000
7 recorded transactions
Zoning & alternative use
RO · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$855,000
+51.8%
Retail stores
$685,000
+21.7%
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
$660,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$520,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$565,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$685,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$540,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$455,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $681k (Apr 4 2022)
Last sale anchor
$681k
Apr 4 2022
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
$345 / 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
$7,875
Tax year 2024
Assessed value
$708,512
Assessed 2024
Previous assessed
$708,512
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$270,504
Assessed improvement
$438,008
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
1,927 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RO
APN
226-202-049
UPID
US10-3207457
Jurisdiction
RIVERSIDE
Zoning & alternative use
RO · Riverside, CA
Zoning RO · permitted uses
RO · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$855,000
RETAIL STORES
Est. value
$685,000
WAREHOUSE, STORAGE
Est. value
$540,000
OFFICE BUILDING
Est. value
$455,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Starplex LLC
Entity
Mailing address
21631 GOLDEN POPPY CT, WALNUT, CA 91789-1461
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 4, 2022
$681,000
Starplex LLC
David R Namazi
Grant Deed
$544,800 · Provide INC
Jun 9, 2017
—
Namazi Family Trust
Namazi,david R
Quit Claim Deed
related
—
Apr 17, 2017
$515,000
Dvbe Insurance & Financial Services
Duno LLC
Limited Warranty Deed
$206,000 · South County Bank NA
Sep 14, 2009
—
Duno LLC
Weessies,gary & Vicktoria
Grant Deed
—
Aug 29, 2003
$360,000
Gary Weessies
Bauer,tr
Grant Deed
$220,000 · Wells Fargo Bank
Apr 22, 2003
—
Bauer,tr
Wilson,thomas P
Grant Deed
related
—
Nov 19, 1997
—
Dorothy E Bauer
Bauer,ingeborg E
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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