Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Apartment buildings
711 6th St Corona, CA 92882-3276
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3080068
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
WOOD
Total area
5,829 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C3
APN
117-340-026
UPID
US09-3080068
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$550k
Owner & transaction history
Sun Trust · 6 yrs held
Sun Trust
since 2020
Last sale
$502,000
7 recorded transactions
Zoning & alternative use
C3 · Corona, 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 Corona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corona 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
$635,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $502k (May 20 2020)
Last sale anchor
$502k
May 20 2020
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
$94 / 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
$6,651
Tax year 2024
Assessed value
$591,489
Assessed 2024
Previous assessed
$591,489
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$176,737
Assessed improvement
$414,752
Applied tax rate
4.0000
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
1935
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Total area
5,829 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C3
APN
117-340-026
UPID
US09-3080068
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Corona, CA
Zoning C3 · permitted uses
C3 · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Sun Trust
Trust
Free & Clear · 6 yrs held
Mailing address
750 S LINCOLN AVE STE #104, CORONA, CA 92882-3136
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
May 20, 2020
—
Sun Trust
Babai Sahba
Quit Claim Deed
related
—
Oct 17, 2016
—
Sahba Babai
—
Deed
related
$387,000 · Firstline Hm Loans INC
Mar 5, 2015
$502,000
Sahba Babai
Diggs Velma G 1998 Trust
Grant Deed
$384,000 · Chang-ta & Lan-rong Sun
Mar 5, 2015
—
Sahba Babai
Maghzi Bahiyyih
Quit Claim Deed
related
—
Jan 20, 2015
$583,561
Diggs,velma G 1998 Trust
Lenders Foreclosure|lierandi,faby
Trustees Deed
related
—
Jan 27, 2012
$560,000
Faby Lierandi
Diggs Velma G 1998 Trust
Grant Deed
$560,000 · Diggs Velma G 1998 Trust (pt)
Jan 27, 2012
—
Paul T Diggs
Diggs,sharron L
Affidavit Of Death
related
—
Jan 27, 1998
—
Velma G Etal Diggs
Diggs,velma G
Quit Claim Deed
related
—
—
—
Sahba Babai
—
Deed Of Trust
related
$387,000 · Firstline Hm Loans INC
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 711 6th St?
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.
