Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$41,400,000
Apartment buildings
5880 Lochmoor Dr Riverside, CA 92507-8506
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-3186113
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2004
Construction
WOOD
Total area
134,474 SF
Lot
7.99 ac (348,044 SF)
Zoning code
C2
APN
263-030-061
UPID
US10-3186113
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
-
Vista Imperio Apartment Building Apartment Complex
-
Di Renzo Apartment Building Apartment Rental Agency
-
Pixel Perfect Photo Booth Rental Photography Service Party Supply Store
-
Ibom delicacies Restaurant
-
WESTERN FLYER REDO (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$41.40M
Owner & transaction history
Sre Ca Riverside 5880 LLC · 1 yrs held
Sre Ca Riverside 5880 LLC
since 2024
Last sale
$49.9M
7 recorded transactions
Zoning & alternative use
C2 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$63.8M
+32.0%
Auto repair, garage
$59.6M
+23.3%
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 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%
$30,430,000
6.5%
$28,090,000
7%
$26,085,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$48,310,000
Current use
RESTAURANT
$63,770,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$59,585,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$43,615,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$39,260,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$41.40M
Range $37.26M – $45.54M · ±10% · vs last sale $49.85M (Aug 26 2024)
Last sale anchor
$49.85M
Aug 26 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
$308 / 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
$409,190
Tax year 2024
Assessed value
$36,406,580
Assessed 2024
Previous assessed
$36,406,580
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$6,064,060
Assessed improvement
$30,342,520
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Units
58
Total area
134,474 SF
Lot
7.99 ac (348,044 SF)
Zoning code
C2
APN
263-030-061
UPID
US10-3186113
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Riverside, CA
Zoning C2 · permitted uses
C2 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$48.3M
RESTAURANT
Est. value
$63.8M
AUTO REPAIR, GARAGE
Est. value
$59.6M
WAREHOUSE, STORAGE
Est. value
$43.6M
MEDICAL BUILDING
Est. value
$39.3M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL 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
2004
Construction
WOOD
Heating
NONE
Units
58
Lot
7.99 ac
Current owner
From public records · entity-resolved
Sre Ca Riverside 5880 LLC
Entity
Mailing address
PO BOX A A, CHICAGO, IL 60690
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
$49,850,000
Sre Ca Riverside 5880 LLC
Bre Silver Mf Canyon Crest Ca LLC
Grant Deed
$30,144 · Berkadia Commercial Mortgage LLC
May 6, 2024
—
Bre Silver Mf Canyon Crest Ca LLC
—
Deed
related
—
Oct 2, 2019
—
Bre Silver Mf Canyon Crest Ca
—
Deed
related
—
Dec 10, 2015
$30,675,000
Bre Silver Mf Canyon Crest Ca LLC
Gs Direnzo LLC
Grant Deed
$23,053,000 · Wells Fargo Bank NA
Jul 19, 2012
—
Gs Direnzo LLC
—
Deed Of Trust
related
$17,956,000 · Federal Home Loan Mortgage Cor
Jan 13, 2012
—
Gs Direnzo LLC
Saf Di Renzo LLC
Grant Deed
$17,956 · Cbre Capital Markets INC
Dec 3, 2004
—
Saf Di Renzo LLC
Pacific Sycamore LLC
Grant Deed
related
—
Apr 25, 2003
—
Anyloan
—
Trustees Deed
related
$18,295,000 · Bank One NA
Nov 27, 2002
—
Pacific Sycamore LLC
Sixells LLC
Grant Deed
$2,650,000 · Onecap
Feb 9, 2001
$1,050,000
Sycamore Canyon Plaza LLC
Wells Fargo Bank
Grant Deed
—
Apr 16, 1999
$2,640,000
Windemere Apartments
Wells
Grant Deed
—
—
—
Bre Silver Mf Canyon Crest Ca
—
Deed Of Trust
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.
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 5880 Lochmoor Dr?
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.
