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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Medical Office Space
9448 Magnolia Ave, Riverside, CA 92503-3700
Individually Owned
8-yr Hold
Free & Clear
Property ID
US09-3351781
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1937
Construction
TILT-UP CONCRETE
Total area
5,000 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CLD
APN
233-022-004
UPID
US09-3351781
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
-
Dr. Mathew T. Luu, DDS Dental Office
-
Magnolia Anesthetic Dentistry Dental Office
-
Aesthetic Implant Dentistry Dental Office
-
Dr. James P. Lin, MD Physician
-
Riverside Pharmacy and Compounding Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$780k
Owner & transaction history
Michale K Luu · 8 yrs held
Michale K Luu
since 2018
5 recorded transactions
Zoning & alternative use
CLD · Riverside, 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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$780k
Range $702k – $858k · ±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
$156 / 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
$10,483
Tax year 2024
Assessed value
$948,185
Assessed 2024
Previous assessed
$948,185
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$169,553
Assessed improvement
$778,632
Applied tax rate
9.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CLD
APN
233-022-004
UPID
US09-3351781
Jurisdiction
RIVERSIDE
Zoning & alternative use
CLD · Riverside, CA
Zoning CLD · permitted uses
CLD · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Michale K Luu
Individual
Free & Clear · 8 yrs held
Mailing address
9448 MAGNOLIA AVE, RIVERSIDE, CA 92503-3700
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2018
—
Michale K Luu
Ngo,vivian K
Quit Claim Deed
—
Jan 25, 2018
$850,000
Michael K Luu
Jdk & Associates LLC
Grant Deed
—
Nov 21, 2003
$427,500
Jonathan Luu
Gould,tr
Grant Deed
$277,875 · Provident Savings Bank
Mar 20, 2003
—
Gould,tr
Gould,everett G & Patricia K
Quit Claim Deed
related
—
Jul 14, 1995
—
Everett G Etux Gould
Gould,patricia K S
Quit Claim Deed
related
—
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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