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Property profile & analytics
FOR LEASE
Office buildings
78-900 Avenue 47, La Quinta, CA 92253
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3198262
$1.45 SF/Yr
78-900 Avenue 47, La Quinta, CA 92253
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
WOOD
Total area
25,240 SF
Lot
1.78 ac (77,536 SF)
Zoning code
CR
APN
643-090-016
UPID
US09-3198262
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
-
Live Well Clinic Alternative Medicine Practice
-
Coachella Valley Lighthouse: Learning. Behavior. Development. Training Center
-
Gartland Law Firm Law Firm
-
Desert Hearth Rhythm Consultants Medical Clinic
-
MDS Consulting Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.63M
Owner & transaction history
Mar Addai LLC · 11 yrs held
Mar Addai LLC
since 2015
7 recorded transactions
Zoning & alternative use
CR · La Quinta, 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 La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$144 / 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
$49,767
Tax year 2024
Assessed value
$4,006,161
Assessed 2024
Previous assessed
$4,006,161
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,119,367
Assessed improvement
$2,886,794
Applied tax rate
20.0000
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
For Lease
Year built
2005
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Total area
25,240 SF
Lot
1.78 ac (77,536 SF)
Zoning code
CR
APN
643-090-016
UPID
US09-3198262
Jurisdiction
RIVERSIDE
Zoning & alternative use
CR · La Quinta, CA
Zoning CR · permitted uses
CR · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Quinta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Mar Addai LLC
Entity
Mailing address
3278 VIS MATAMO, EL CAJON, CA 92019-2863
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2021
—
Mar Addai LLC
—
Deed
related
$2,928,000 · Pacific Premier Bank
Jun 15, 2015
$3,400,000
Mar Addai LLC
Lynch Properties LLC
Grant Deed
$2,550,000 · Regents Bank
Mar 23, 2012
—
Hughes Richard T Living Trust
Hughes Family Trust
Quit Claim Deed
related
—
Oct 27, 2011
$1,101,000
Deanza Plaza Apartments 11
Hughes R T Living Trust
Grant Deed
—
Jun 26, 2009
—
Plaza Apartments De Anza II
Hull Living Trust
Quit Claim Deed
related
—
Feb 27, 2006
$502,272
Hull Trust
Ehline Family Trust
Grant Deed
—
Oct 31, 2005
—
Richard T Hughes
Hughes Richard T Trust
Quit Claim Deed
related
—
May 6, 2005
—
Hughes Richard T Trust
La Quinta Capital Bldg INC
Grant Deed
$4,700,000 · Pff Bank & Trust
May 28, 2004
$5,450,000
La Quinta Capital Building INC
Vista La Quinta LLC
Grant Deed
related
$4,500,000 · Pff Bank & Trust
Dec 23, 2002
—
Vista Laq
Lathrop,t Etal
Grant Deed
related
$2,542,309 · Pacific Western National Bank
Feb 22, 2002
$410,000
Vista La Quinta LLC
Lathrop,thomas V & Debra S
Grant Deed
—
Jan 30, 2002
—
Thomas V Etal Lathrop
Lathrop,thomas V Etal
Quit Claim Deed
related
—
—
—
Vista La Quinta LLC
—
Deed Of Trust
related
$859,250 · Pacific Western National 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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