Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,740,000
Retail space
926 Ontario Ave Corona, CA 92881-3667
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5643732
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Construction
WOOD
Total area
5,691 SF
Lot
0.82 ac (35,719 SF)
Zoning code
A
APN
120-520-026
UPID
US09-5643732
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
-
Ono Hawaiian BBQ Restaurant
-
Jimmy John's Take-out & Catering
-
Ono Hawaiian BBQ #049 Restaurant
-
Nothing Bundt Cakes Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.45M
Blend (final)
Blend
$5.74M
Owner & transaction history
Hsy International LLC · 6 yrs held
Hsy International LLC
since 2020
Last sale
$5.5M
1 recorded transaction
Zoning & alternative use
A · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CES TITLE 13 PUBLIC SERVICES TITLE 14 OIL AND GAS WELLS TITLE 15 BUILDINGS AND CONSTRUCTION TITLE 16 SUBDIVISIONS TITLE 17 ZONING CHAPTER 17.02 GENERAL PROVISIONS CHAPTER 17.04 DEFINITIONS AND CONSTRUCTION CHAPTER 17.06 A - AGRICULTURAL ZONE CHAPTER 17.08 A-14.4 - SINGLE-FAMILY RESIDENTIAL ZONE CHAPTER 17.10 R-1A - SINGLE-FAMILY RESIDENTIAL ZONE CHAPTER 17.1…
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
2,167.90 ac
Top alternative use upside
Commercial (general)
$5.8M
+120.8%
Neighborhood: shopping center
$4.9M
+85.6%
Apartment house (5+ units)
$4.3M
+62.0%
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 Corona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corona 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
$6,845,000
ML approach
$6,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,825,000
Change: +121% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,900,000
Change: +86% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,275,000
Change: +62% · Conversion: Difficult
RESTAURANT
$3,535,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$5.74M
Range $5.17M – $6.31M · ±10% · vs last sale $5.47M (Apr 28 2020)
Last sale anchor
$5.47M
Apr 28 2020
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
$1,009 / 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
$66,020
Tax year 2024
Assessed value
$5,862,798
Assessed 2024
Previous assessed
$5,862,798
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$928,557
Assessed improvement
$4,934,241
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,691 SF
Lot
0.82 ac (35,719 SF)
Zoning code
A
APN
120-520-026
UPID
US09-5643732
Jurisdiction
RIVERSIDE
Zoning & alternative use
A · Corona, CAZoning A · permitted uses
A · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CES TITLE 13 PUBLIC SERVICES TITLE 14 OIL AND GAS WELLS TITLE 15 BUILDINGS AND CONSTRUCTION TITLE 16 SUBDIVISIONS TITLE 17 ZONING CHAPTER 17.02 GENERAL PROVISIONS CHAPTER 17.04 DEFINITIONS AND CONSTRUCTION CHAPTER 17.06 A - AGRICULTURAL ZONE CHAPTER 17.08 A-14.4 - SINGLE-FAMILY RESIDENTIAL ZONE CHAPTER 17.10 R-1A - SINGLE-FAMILY RESIDENTIAL ZONE CHAPTER 17.11 R-20.0 - SINGLE-FAMILY RESIDENTIAL ZONE CHAPTER 17.12 R-12.0 - SINGLE-FAMILY RE
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
2,167.90 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Hsy International LLC
Entity
Mailing address
20 CLEAR CRK, IRVINE, CA 92620-1272
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2020
$5,468,000
Hsy International LLC
Ming Chien Chen
Grant Deed
$3,280,000 · Hanmi 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 926 Ontario Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
