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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Apartment buildings
537 San Jacinto St Hemet, CA 92543-6196
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3679198
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD
Total area
7,200 SF
Lot
1.62 ac (70,567 SF)
Zoning code
R1
APN
447-160-068
UPID
US09-3679198
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
$1.80M
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$2.25M
Owner & transaction history
Noland,clifford W 2003 Trust · 8 yrs held
Noland,clifford W 2003 Trust
since 2018
7 recorded transactions
Zoning & alternative use
R1 · Hemet, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+22.0%
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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,940,000
6.5%
$1,795,000
7%
$1,665,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,550,000
Current use
AUTO REPAIR, GARAGE
$3,110,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,125,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10%
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
$313 / 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
$24,941
Tax year 2024
Assessed value
$2,175,257
Assessed 2024
Previous assessed
$2,175,257
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$658,153
Assessed improvement
$1,517,104
Applied tax rate
6.0000
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
1984
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Total area
7,200 SF
Lot
1.62 ac (70,567 SF)
Zoning code
R1
APN
447-160-068
UPID
US09-3679198
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Hemet, CA
Zoning R1 · permitted uses
R1 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1984
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Lot
1.62 ac
Current owner
From public records · entity-resolved
Noland,clifford W 2003 Trust
Trust
Mailing address
8121 SAN LUCAS DR, WHITTIER, CA 90605-1241
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2021
—
Clifford W Noland
—
Deed
related
$1,135,000 · Credit Union Of Southern California
May 24, 2018
$1,950,000
Noland,clifford W 2003 Trust
Pi Properties 55 LLC
Grant Deed
$1,170,000 · Credit Union/sthrn Ca
Dec 22, 2016
—
Pi Properties 55 LLC
Pi Properties 55 LLC
Quit Claim Deed
related
—
Jun 23, 2016
$1,200,000
Pi Properties No 55 LLC
Campini D Family Trust
Grant Deed
$875,000 · Positive Invs
Mar 31, 2003
—
Campini,tr
Campini,tr
Quit Claim Deed
related
$300,000 · Foothill Independent Bank
Apr 6, 2001
—
Campini Donald R Etal
Campini Donald R Etal
Quit Claim Deed
related
—
Dec 28, 1999
$51,000
Valerio J Campini
Campini,steve J
Grant Deed
related
—
Mar 29, 1996
—
Donald R Campini
Campini,michelle
Quit Claim Deed
related
—
Jul 21, 1995
—
Joan B Mcconohy
Mcconohy,daniel J
Quit Claim Deed
related
—
Sep 30, 1992
$178,500
Joan Mcconohy
Patscheck,raymon
Grant Deed
$25,000 · Seller
—
—
Veiga Const Corp
—
Deed Of Trust
related
$50,000 · Sunwest Bank
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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