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Property profile & analytics
OFF-MARKET
Estimated value
$8,000,000
Warehouses
540 Ave L L, Calimesa, CA 92320-1106
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1831053
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Total area
8,700 SF
Lot
3.03 ac (131,986 SF)
APN
411-120-047
UPID
US09-1831053
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
$8.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Sfl Calimesa LLC · 2 yrs held
Sfl Calimesa LLC
since 2024
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.9M
+246.5%
Apartment house (5+ units)
$8.6M
+235.0%
Neighborhood: shopping center
$7.5M
+191.3%
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 Calimesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calimesa 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
$8,000,000
ML approach
$8,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,905,000
Change: +246% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,610,000
Change: +235% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,490,000
Change: +191% · Conversion: Moderate
RESTAURANT
$5,400,000
Change: +110% · Conversion: Difficult
Blend value · Realmo final
$8.00M
Range $7.20M – $8.80M · ±10% · vs last sale $8.00M (Jun 3 2024)
Last sale anchor
$8.00M
Jun 3 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
$920 / 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
$24,436
Tax year 2024
Assessed value
$1,999,548
Assessed 2024
Previous assessed
$1,999,548
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$382,343
Assessed improvement
$1,617,205
Applied tax rate
22.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Buildings
4
Stories
1
Units
5
Total area
8,700 SF
Lot
3.03 ac (131,986 SF)
APN
411-120-047
UPID
US09-1831053
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.5M
RESTAURANT
Est. value
$5.4M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1975
Heating
NONE
Stories
1
Buildings
4
Units
5
Lot
3.03 ac
Current owner
From public records · entity-resolved
Sfl Calimesa LLC
Entity
Mailing address
5856 CORPORATE AVE STE #200, CYPRESS, CA 90630-4754
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
$8,000,000
Sfl Calimesa LLC
William George Maingot
Grant Deed
$4,000,000 · Farmers & Merchants Bank Of Long Be
Feb 10, 2020
—
Maingot Family Trust
—
Deed
related
$1,950,000 · Kinecta FCU
Aug 13, 2001
—
Maingot Trust
Handi Storage
Grant Deed
related
—
Dec 22, 1997
$702,000
Handi-storage Co INC
Meven,alolf & Maria
Grant Deed
related
$56,000 · Individual
Dec 31, 1992
$2,363,500
Terra Villa Apartments INC
Select Trading
Grant Deed
—
—
—
Handi Storage
—
Deed Of Trust
related
$800,000 · First Fidelity Inv & Loan
—
—
Maingot Family Trust
—
Deed Of Trust
related
$1,875,000 · Column Financial INC
—
—
Maingot Family Trust
—
Deed Of Trust
related
$1,950,000 · Kinecta FCU
—
—
Maingot Family Trust
—
Deed Of Trust
related
$1,837,500 · Kinecta FCU
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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