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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Office buildings
7379 Indiana Ave Riverside, CA 92504-4547
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3244334
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
WOOD
Total area
7,200 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C2
APN
230-200-020
UPID
US09-3244334
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
-
Tommy Bernal Real Estate Agency
-
20/20 Vision Associates Optometry Physician
-
Kim Eugene OD Physician
-
Cheryl M. Everitt, O.D. Physician
-
Stacie Calvillo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.26M
Owner & transaction history
Choi Re Holding LLC · 1 yrs held
Choi Re Holding LLC
since 2025
7 recorded transactions
Zoning & alternative use
C2 · 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,710,000
Current use
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$175 / 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
$17,294
Tax year 2024
Assessed value
$1,562,365
Assessed 2024
Previous assessed
$1,562,365
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$600,909
Assessed improvement
$961,456
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
7,200 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C2
APN
230-200-020
UPID
US09-3244334
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
OFFICE BUILDING Current
Est. value
$1.7M
OFFICE BUILDING Current
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
1990
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Choi Re Holding LLC
Entity
Mailing address
15920 POMONA RINCON RD UNIT #6407, CHINO HILLS, CA 91709-5533
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
$2,829,500
Choi Re Holding LLC
Paths Straight LLC
Grant Deed
$1,988,000 · First Citizens Bank & Trust Co
Oct 17, 2017
—
Paths Straight LLC
—
Deed
related
$1,263,857 · First Citizens Bank & Trust Co
Aug 23, 2013
$1,300,000
Paths Straight LLC
We Rancho LLC
Grant Deed
$1,105,000 · Bank Of America
Nov 30, 2006
$3,075,000
We Rancho LLC
Schwier,harry D & Jeni D
Grant Deed
$1,460,000 · Bank Of Hemet
Apr 6, 2006
—
Harry D Schwier
Schwier,harry D & Jeni D
Quit Claim Deed
related
—
May 12, 2003
—
Harry D Schwier
Schwier,harry D & Jeni D
Quit Claim Deed
related
—
—
—
Harry D Schwier
—
Deed Of Trust
related
$800,000 · Dury Enterpries 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.
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