Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
491 6th St Norco, CA 92860-1759
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0018735
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1931
Construction
TILT-UP CONCRETE
Total area
1,007 SF
Lot
1.15 ac (50,093 SF)
Zoning code
C2
APN
133-160-028
UPID
US09-0018735
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
-
Sicard Trailer Services, Inc. Auto Repair Shop
-
Carson Trailer Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Woon B Chung · 9 yrs held
Woon B Chung
since 2016
7 recorded transactions
Zoning & alternative use
C2 · Norco, 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 Norco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norco 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
—
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
$7,881
Tax year 2024
Assessed value
$694,947
Assessed 2024
Previous assessed
$694,947
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$610,702
Assessed improvement
$84,245
Applied tax rate
15.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,007 SF
Lot
1.15 ac (50,093 SF)
Zoning code
C2
APN
133-160-028
UPID
US09-0018735
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Norco, CAZoning C2 · permitted uses
C2 · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Woon B Chung
Individual
Free & Clear · 9 yrs held
Mailing address
2149 245TH ST, LOMITA, CA 90717-1154
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2021
—
Baek Chung Woon
—
Deed
related
$240,000 · Bbcn Bank
Jun 29, 2021
—
Beak Chung Woon
—
Deed
related
$300,000 · Bbcn Bank
Dec 1, 2016
—
Woon B Chung
Chung,gae C
Quit Claim Deed
related
—
Jan 22, 2016
—
Gae C Chung
Chung,woon B
Quit Claim Deed
related
—
Feb 17, 2005
$1,000,000
Chung Family Trust
Vjm Family Trust
Grant Deed
$600,000 · Vjm Family Trust
—
—
Gae C Chung
—
Deed Of Trust
related
$600,000 · Bbcn Bk
—
—
Chung Family Trust
—
Deed Of Trust
related
$600,000 · Vjm Family Trust (pt)
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 491 6th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
