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Property profile & analytics
OFF-MARKET
Estimated value
$77,830,000
Apartment buildings
7451 Wls Ave Riverside, CA 92503-2545
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1748233
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
20,320 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C1
APN
151-380-027
UPID
US09-1748233
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$99.17M
Blend (final)
Blend
$77.83M
Owner & transaction history
Cv Property LLC · 12 yrs held
Cv Property LLC
since 2013
7 recorded transactions
Zoning & alternative use
C1 · 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
Blend value · Realmo final
$77.83M
Range $70.05M – $85.61M · ±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
$3,830 / 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
$41,796
Tax year 2024
Assessed value
$3,404,332
Assessed 2024
Previous assessed
$3,404,332
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$650,947
Assessed improvement
$2,753,385
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 (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Stories
2
Units
28
Total area
20,320 SF
Lot
1.34 ac (58,370 SF)
Zoning code
C1
APN
151-380-027
UPID
US09-1748233
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Riverside, CA
Zoning C1 · permitted uses
C1 · 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.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
NONE
Stories
2
Units
28
Lot
1.34 ac
Current owner
From public records · entity-resolved
Cv Property LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1 ORCH STE #230, LAKE FOREST, CA 92630-1430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jun 30, 2023
—
Cv Property LLC
—
Deed
related
$3,500,000 · Jpmorgan Chase Bank NA
Jul 31, 2013
—
Cv Property LLC
Rabie S Family Trust
Quit Claim Deed
related
—
May 18, 2004
—
Magnolia Court LLC
7450 Wells Avenue INC
Grant Deed
$3,250,000 · Washington Mutual Fsb
Nov 16, 1999
—
7450 Wells Avenue INC
Whpx-s Real Estatee LP
Grant Deed
related
—
Sep 24, 1996
—
Whpxs Real Est LP
Sheehy,patrick F
Quit Claim Deed
related
—
Aug 3, 1995
—
Mutsuo Etal Nakajima
Sheehy,patrick F Etal
Quit Claim Deed
related
—
Feb 7, 1995
—
Patrick F Etal Sheehy
Nakajima,mutsuo Etal
Quit Claim Deed
related
—
Nov 4, 1994
—
Rv Cy
Nakajima,mutsuo Etal
Grant Deed
related
—
—
—
Cv Property LLC
—
Deed Of Trust
related
$3,551,000 · Walker & Dunlop
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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