New search
Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Turn key restaurants
9696 Magnolia Ave Riverside, CA 92503-3654
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2272814
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Construction
TILT-UP CONCRETE
Total area
1,890 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C3
APN
234-101-060
UPID
US10-2272814
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
-
Frankie & Mille Happy Days Dnr Restaurant Take-out & Catering
-
Birrieria Xolos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$990k
Owner & transaction history
Sadeghian Rentals Magnolia LLC · 5 yrs held
Sadeghian Rentals Magnolia LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C3 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+81.5%
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
$1,025,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$895,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,625,000
Change: +82% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.00M (May 27 2021)
Last sale anchor
$1.00M
May 27 2021
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
$524 / 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
$11,749
Tax year 2024
Assessed value
$1,061,208
Assessed 2024
Previous assessed
$1,061,208
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$265,302
Assessed improvement
$795,906
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,890 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C3
APN
234-101-060
UPID
US10-2272814
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Riverside, CA
Zoning C3 · permitted uses
C3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$835,000
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Sadeghian Rentals Magnolia LLC
Entity
Mailing address
3595 VAN BUREN BLVD STE #212, RIVERSIDE, CA 92503-0311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
$1,000,000
Sadeghian Rentals Magnolia LLC
Jagged Edge Corporation
Grant Deed
$2,785,000 · Manufacturers Bank
Mar 13, 2018
—
Jagged Edge Corp
—
Deed
related
$400,000 · Wells Fargo Bank NA
May 9, 2008
—
Jagged Edge Corp
Jagged Edge Corp
Quit Claim Deed
related
—
May 1, 2008
—
Redevelopment Agcy Of Cty/riversi
Jagged Edge Corp
Grant Deed
—
Nov 20, 1995
—
Tehranchi,mohammad M Etal
Tehranchi,mohammad M
Quit Claim Deed
related
—
Feb 23, 1995
—
Tehranchi,mohammad M
Tehranchi,shohreh
Quit Claim Deed
related
—
Feb 23, 1995
$166,500
Tehranchi,mohammad M
Tellson,albert G
Trustees Deed
$130,000 · Seller
Feb 23, 1995
$42,000
Tellson,albert G
Magnolia Co Ltd
Trustees Deed
—
—
—
Tehranchi Trust
—
Deed Of Trust
related
$680,000 · Temecula Valley National Bank
—
—
Jagged Edge Corp
—
Deed Of Trust
related
$225,000 · Arrowhead Central Cu
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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