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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Apartment buildings
741 Mayberry Ave Hemet, CA 92543-5884
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0951744
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
WOOD
Total area
4,419 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R3
APN
446-104-002
UPID
US09-0951744
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$500k
Owner & transaction history
Arturo E Alejandre · 4 yrs held
Arturo E Alejandre
since 2022
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
R3 · Hemet, 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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
$610,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $450k (Mar 22 2022)
Last sale anchor
$450k
Mar 22 2022
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
$113 / 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
$3,769
Tax year 2024
Assessed value
$312,346
Assessed 2024
Previous assessed
$312,346
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$68,524
Assessed improvement
$243,822
Applied tax rate
6.0000
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
1983
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
6
Total area
4,419 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R3
APN
446-104-002
UPID
US09-0951744
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Hemet, CA
Zoning R3 · permitted uses
R3 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
6
Lot
0.2 ac
Current owner
From public records · entity-resolved
Arturo E Alejandre
Individual
Mailing address
612 BROKEN LANCE RD, WALNUT, CA 91789-1804
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Mar 22, 2022
$450,000
Arturo E Alejandre
Ironwood 225 LLC
Grant Deed
—
Oct 10, 2001
$410,000
Park Center Exchange INC
Sheaffer Trust
Grant Deed
—
Oct 10, 2001
—
Robert W Etal Voss
Park Ctr Exchange
Grant Deed
related
—
Jan 23, 2001
—
Harry E Etal Sheaffer
Sheaffer,harry E Etal
Quit Claim Deed
related
—
Mar 31, 2000
—
Andrew H Etal Sheaffer
Sheaffer,andrew H Etal
Quit Claim Deed
related
—
Dec 30, 1999
—
Harry Etux Sheaffer
Sheaffer,andrew H Etal
Quit Claim Deed
related
—
Jul 3, 1991
$473,000
Harry E Sheaffer
Grande,ray L
Grant Deed
$300,000 · Stan-shaw Corp
—
—
Robert W Voss
—
Deed Of Trust
related
$296,250 · Washington Mutual Fsb
—
—
Harry Sheaffer
—
Deed Of Trust
related
$150,000 · World Savings Bank
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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