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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Turn key restaurants
78121 Avenida La Fonda, La Quinta, CA 92253-2905
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2940623
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2002
Construction
WOOD
Total area
3,099 SF
Lot
0.23 ac (10,018 SF)
Zoning code
A2
APN
770-122-017
UPID
US10-2940623
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
-
Enzo's Bistro and Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$785k
Owner & transaction history
Griffith Investments LLC · 18 yrs held
Griffith Investments LLC
since 2008
7 recorded transactions
Zoning & alternative use
A2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$253 / 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
$32,091
Tax year 2024
Assessed value
$2,614,485
Assessed 2024
Previous assessed
$2,614,485
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$396,107
Assessed improvement
$2,218,378
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,099 SF
Lot
0.23 ac (10,018 SF)
Zoning code
A2
APN
770-122-017
UPID
US10-2940623
Jurisdiction
RIVERSIDE
Zoning & alternative use
A2 · La Quinta, CA
Zoning A2 · permitted uses
A2 · 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
2002
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Griffith Investments LLC
Entity
Mailing address
1301 ALASKAN WAY, MERCER ISLAND, WA 98040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
—
Griffith Investments LLC
—
Deed
related
$520,000 · Umpqua Bank
Jun 6, 2022
—
Griffith Investments LLC
—
Deed
related
$425,756 · Bank Of America NA
Aug 10, 2017
—
Griffith Investments LLC
—
Deed
related
$880,876 · Bank Of America
Apr 22, 2008
—
Griffith Investments LLC
Griffith Investments LLC
Quit Claim Deed
related
—
Jan 12, 2007
$1,704,000
Griffith Investments LLC
Lulu Real Estate
Grant Deed
$1,419,600 · Bank Of America
Mar 14, 2005
—
Andrew Wolfson
Canali Entertainment LLC
Grant Deed
—
Jun 19, 2003
$390,000
Canali Entertainment LLC
Monique,j Pierre Tr
Grant Deed
$1,030,500 · Pacific Western National Bank
May 7, 2001
—
Monique J Etal Pierre
Pierre Monique J
Quit Claim Deed
related
—
—
—
Monique J Pierre
—
Deed Of Trust
related
$94,108 · First Fidelity Thrift & Loan
—
—
Lulu Real Estate LLC
—
Deed Of Trust
related
$303,000 · Pacific Western National Bank
—
—
Griffith Investments LLC
—
Deed Of Trust
related
$165,000 · Bank Of America
—
—
Griffith Investments LLC
—
Deed Of Trust
related
$880,876 · Bank Of America
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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