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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Apartment buildings
5578 34th St Riverside, CA 92509-4539
Entity Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2717217
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
9,030 SF
Lot
2.12 ac (92,347 SF)
Zoning code
R1
APN
179-104-007
UPID
US10-2717217
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
-
H & E Appliance Repair Refrigerator Repair Service Washer & Dryer Repair Service
-
Pacific Winds Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.58M
Owner & transaction history
Kahn-ignat II LLC · 26 yrs held
Kahn-ignat II LLC
since 1999
7 recorded transactions
Zoning & alternative use
R1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$174 / 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
$26,070
Tax year 2024
Assessed value
$2,373,270
Assessed 2024
Previous assessed
$2,373,270
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$602,729
Assessed improvement
$1,770,541
Applied tax rate
28.0000
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
1989
Construction
WOOD
Heating
NONE
Stories
2
Total area
9,030 SF
Lot
2.12 ac (92,347 SF)
Zoning code
R1
APN
179-104-007
UPID
US10-2717217
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Riverside, CA
Zoning R1 · permitted uses
R1 · 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
1989
Construction
WOOD
Heating
NONE
Stories
2
Lot
2.12 ac
Current owner
From public records · entity-resolved
Kahn-ignat II LLC
Entity
Mailing address
2 VIA DEL TESORO, SAN CLEMENTE, CA 92673-2741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
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
Feb 8, 2019
—
Kahn Ignat II LLC
—
Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Jul 30, 1999
$1,575,000
Kahn-ignat II LLC
Newman,richard B & Mary A
Grant Deed
$1,260,000 · Gmac Commercial Mortgage Corp
Dec 29, 1995
$930,909
Richard B Newman
Earnest,claude & Nhuan T
Grant Deed
$833,550 · Imperial Thrift & Loan
Oct 27, 1994
$850,000
Claude Earnest
Earnest,claude
Grant Deed
related
—
Jul 27, 1994
—
Earnest,claude Etux
State Street Bk & Tr,
Trustees Deed
related
—
Mar 28, 1994
$2,028,353
State Street Bank & Trust Tt
Rubidoux 47 Ltd
Trustees Deed
related
—
—
—
Claude Earnest
—
Deed Of Trust
related
$600,000 · Home Savings Of America
—
—
Richard B Newman
—
Deed Of Trust
related
$60,000 · American Mortgage Express
—
—
Claude Earnest
—
Deed Of Trust
related
$450,000 · American Savings Bank
—
—
Richard B Newman
—
Deed Of Trust
related
$1,010,000 · Washington Mutual Fsb
—
—
Rubidoux 47 Ltd
—
Deed Of Trust
related
$1,960,000 · Columbia Savings & Loan
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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