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Property profile & analytics
OFF-MARKET
Retail space
6702 Magnolia Ave Riverside, CA 92506-2908
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0180572
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Construction
WOOD
Total area
816 SF
Lot
0.06 ac (2,613 SF)
Zoning code
C3
APN
225-203-005
UPID
US09-0180572
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
-
A Vision For You (Bike/Boat/Book/etc) Store
-
Massage Alternative Medicine Practice Spa & Massage Center
-
Dolphin Spa Spa & Massage Center
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
Elite Commercial Properties 1 LLC · 4 yrs held
Elite Commercial Properties 1 LLC
since 2021
7 recorded transactions
Zoning & alternative use
C3 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
COMMERCIAL ZONES HANDOUT A10
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
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
$4,176
Tax year 2024
Assessed value
$373,106
Assessed 2024
Previous assessed
$373,106
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$65,257
Assessed improvement
$307,849
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
816 SF
Lot
0.06 ac (2,613 SF)
Zoning code
C3
APN
225-203-005
UPID
US09-0180572
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Riverside, CAZoning C3 · permitted uses
C3 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
COMMERCIAL ZONES HANDOUT A10
Building & site characteristics
From public records
Year built
1937
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Elite Commercial Properties 1 LLC
Entity
Mailing address
16790 TREETOP LN, RIVERSIDE, CA 92503-9782
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Oct 28, 2021
—
Elite Commercial Properties 1 LLC
Homa Investment Corporation
Grant Deed
—
Mar 13, 2018
—
Homa Inv Corporation
Taheri,hassan
Grant Deed
—
Jul 28, 2016
—
Hassan Taheri
—
Deed
related
—
Jan 11, 2012
$650,000
Taheri Hassan
Mohammad M Sadeghian
Grant Deed
$400,000 · Premier Service Bank
Jun 10, 2005
—
Josan Ents LLC
Pagliuso Family Trust
Grant Deed
—
Jun 10, 2005
$637,000
Mohammad M Sadeghian
Josan Ents LLC
Grant Deed
—
Sep 17, 2004
—
Pagliuso Family Trust
Pagliuso,joseph A & Sandra D
Quit Claim Deed
related
—
Dec 30, 1994
$215,000
Joseph A Pagliuso
Nagel,alfred F
Grant Deed
$205,000 · Seller
Jan 1, 1990
$200,000
Nagel Alfred F
Porter Frank T
Grant Deed
$170,000 · Porter Frank T
—
—
Joseph A Paglluso
—
Deed Of Trust
related
$210,000 · Inland Community Bank
—
—
Hassan Taheri
—
Loan Modification
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.
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