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Property profile & analytics
OFF-MARKET
Estimated value
$12,115,000
Apartment buildings
1047 Rosamond Blvd Rosamond, CA 93560-7498
Entity Owned
16-yr Hold
Property ID
US09-2847154
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2010
Construction
WOOD
Total area
78,737 SF
Lot
2.73 ac (118,918 SF)
APN
251-030-35-00-1
UPID
US09-2847154
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
$13.96M
Comparable Approach
Comparable
$14.63M
Blend (final)
Blend
$12.12M
Owner & transaction history
County Of Kern · 16 yrs held
County Of Kern
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$16.6M
+41.4%
Office building
$15.3M
+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 Rosamond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosamond 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%
$15,120,000
6.5%
$13,955,000
7%
$12,960,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$11,735,000
Current use
MEDICAL BUILDING
$16,595,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$15,250,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,925,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,995,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$9,905,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$12.12M
Range $10.90M – $13.33M · ±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
$63,199
Tax year 2023
Assessed value
$8,088,075
Assessed 2023
Previous assessed
$8,088,075
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$643,872
Assessed improvement
$7,444,203
Applied tax rate
119.0000
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
2010
Construction
WOOD
Heating
GAS
Cooling
YES
Stories
2
Units
73
Total area
78,737 SF
Lot
2.73 ac (118,918 SF)
APN
251-030-35-00-1
UPID
US09-2847154
Jurisdiction
KERN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$11.7M
MEDICAL BUILDING
Est. value
$16.6M
OFFICE BUILDING
Est. value
$15.3M
AUTO REPAIR, GARAGE
Est. value
$10.9M
INDUSTRIAL (GENERAL)
Est. value
$10.0M
RETAIL STORES
Est. value
$9.9M
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
2010
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
2
Units
73
Lot
2.73 ac
Current owner
From public records · entity-resolved
County Of Kern
Entity
Mailing address
20750 VENTURA BLVD STE #155, WOODLAND HILLS, CA 91364-6202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2010
—
County Of Kern
Corporation Of Better Housing
Grant Deed
related
—
Jan 26, 2010
—
1047 Rosamond Blvd LP
—
Trustees Deed
related
$10,935,000 · Pacific Wstrn Bk
Dec 22, 2008
—
1047 Rosamond Blvd
—
Deed Of Trust
related
$1,000,000 · United Security Bank
Jun 9, 2008
—
Korchak Irving & Jocelyn Trust
Korchak,irving
Affidavit Of Death
related
—
Sep 27, 2007
$510,000
1047 Rosamond Blvd
Korchak I & J Trust
Grant Deed
$382,500 · Ziff Barry & Evelyn L Trust
Mar 25, 1999
—
Irving Korchak
Korchak Treust
Quit Claim Deed
related
—
—
—
1047 Rosamond Blvd LP
—
Deed Of Trust
related
$10,935 · Pacific Western Bank
—
—
1047 Rosamond Blvd LP
—
Deed Of Trust
related
$1,000,000 · Kern County (ca)
—
—
1047 Rosamond Blvd LP
—
Deed Of Trust
related
$1,000,000 · United Security 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.
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