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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
For Lease
1 / 4
$3,625,000
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
Zoning description
open space or CR regional commercial districts) in order to regulate certain special aspects of land use in the interests of public safety and protection of surrounding properties. In cases where there is a conflict between the regulations of an overlay district and its underlying base district, the overlay district regulations shall control. C. Overlay Zoni…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
374.33 ac
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
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
$3.63M
Range $3.26M – $3.99M · ±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
$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, CAZoning 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
Zoning description
open space or CR regional commercial districts) in order to regulate certain special aspects of land use in the interests of public safety and protection of surrounding properties. In cases where there is a conflict between the regulations of an overlay district and its underlying base district, the overlay district regulations shall control. C. Overlay Zoning Designations. When an overlay district is used, the zoning designation shall consist of the base district symbol followed by the applicable overlay district symbol enclosed in parentheses. For example: CR (EOD). (Ord. 550
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
374.33 ac
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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