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Property profile & analytics
OFF-MARKET
Estimated value
$2,260,000
Apartment buildings
1029 Norwalk St, Delano, CA 93215-2471
Individually Owned
6-yr Hold
Absentee Owner
Property ID
US10-3219039
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
14,670 SF
Lot
0.69 ac (30,055 SF)
Zoning code
R-2
APN
423-132-14-00-6
UPID
US10-3219039
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.60M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.26M
Owner & transaction history
Kapiji Kamara · 6 yrs held
Kapiji Kamara
since 2019
7 recorded transactions
Zoning & alternative use
R-2 · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.1M
+41.4%
Office building
$2.8M
+30.0%
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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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%
$2,815,000
6.5%
$2,600,000
7%
$2,415,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,185,000
Current use
MEDICAL BUILDING
$3,090,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$2,840,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,035,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,860,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$1,855,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±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
$154 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,180
Tax year 2023
Assessed value
$1,382,297
Assessed 2023
Previous assessed
$1,382,297
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$94,605
Assessed improvement
$1,287,692
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WINDOW A/C
Stories
2
Units
21
Total area
14,670 SF
Lot
0.69 ac (30,055 SF)
Zoning code
R-2
APN
423-132-14-00-6
UPID
US10-3219039
Jurisdiction
KERN
Zoning & alternative use
R-2 · Delano, CA
Zoning R-2 · permitted uses
R-2 · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Units
21
Lot
0.69 ac
Current owner
From public records · entity-resolved
Kapiji Kamara
Individual
Mailing address
2302 N WESTWOOD AVE, SANTA ANA, CA 92706-1945
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Aug 12, 2020
—
Kapiji Kamara
—
Deed
related
$1,050,000 · Valley Strong Cu
Nov 8, 2019
$1,345,000
Kapiji Kamara
A Donald & Sh Family Trust
Grant Deed
$1,195,000 · Allstar Fin'l Svcs
Apr 23, 2012
$576,000
Bonkosky Donald & Sharon Trust
Td Service Co
Trustees Deed
related
—
Dec 15, 2011
—
Nana A Baedoobonso
Lopes,andres
Grant Deed
—
Apr 13, 2011
—
Andres Lopez
Moenopoly INC
Quit Claim Deed
related
—
Sep 24, 2010
—
Moenopoly INC
Alliance Investments Group LLC
Quit Claim Deed
related
—
Feb 7, 2008
—
Alliance Investment Group LLC
Lopez,andrea
Grant Deed
—
Dec 2, 2004
—
Andres Lopez
Lopez,noemi D
Quit Claim Deed
related
—
Dec 1, 2004
$850,000
Andres Lopez
Bonkosky Family Trust
Grant Deed
$850,000 · Bonkosky Family Trust
Jun 9, 1999
—
Bonkosky Trust
Bonkosky,donald E & Sharon K
Quit Claim Deed
related
—
Feb 28, 1978
—
—
—
Grant Deed
related
—
—
—
Andres Lopez
—
Deed Of Trust
related
$156,000 · Nana Baidoobonso-iam
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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