763 Ave L L Calimesa, CA 92320-1040
E. Residential Low/Medium (R-L-M) Zone. The zone is intended to provide for the development of small-lot single-family detached dwellings. No more than 7 dwellings per gross acre are permitted. The minimum lot size for this zone is 6,000 square feet. F. Residential Medium (R-M) Zone. The zone is intended to provide for the development of higher- density hous…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RLM · Calimesa, CAE. Residential Low/Medium (R-L-M) Zone. The zone is intended to provide for the development of small-lot single-family detached dwellings. No more than 7 dwellings per gross acre are permitted. The minimum lot size for this zone is 6,000 square feet. F. Residential Medium (R-M) Zone. The zone is intended to provide for the development of higher- density housing types. Included housing types are single-family detached, single-family attached, and multifamily homes such as duplexes, condominiums, townhouses, apartments, and senior citizen housing developments. This zone is situated in areas served adequately by infrastructure, allowing a maximum of 14 dwellings per gross acre. The minimum lot size is 6,000 square feet. G. Residential High (R-H) Zone. The zone is intended to provide housing opportunities for people of low and moderate incomes in the form of attached or apartment-like living accommodations. The minimum lot area is 6,000 square feet, with a maximum of 20 dwelling units per gross acre. [Ord. 95-7 § 2; Code 1990 § 12.3.02.] 18.20.030 Use regulations for residential districts. Table 18.20.030 provides a list of those uses in the residential zone districts which are permitted (P), subject to a conditional use permit (C), or prohibited (X). A minor development plan or major development plan may be required in accordance with Chapter 18.90, Development Plan Review.. TABLE 18.20.030 USES PERMITTED WITHIN RESIDENTIAL DISTRICTS Use O-S-R R-E R-R R-L R-L-M R-M R-H A. Residential Uses Bed and breakfast inn a C C C C C C C Boarding house X X X X X X C Community care facility • Six or fewer persons P P P P P P P • Seven or more persons X X X X X C C Convalescent care facility X X X X X C C Day care facility • Six or fewer children P P P P P P P • Seven or more children b P P P P P P P Guest house c P P P P P P P Manufactured housing P P P P P P P Page 18.20-2
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.