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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Apartment buildings
10970 Del Norte St Ventura, CA 93004-1066
Individually Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1486088
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
16,514 SF
Lot
0.78 ac (33,976 SF)
Zoning code
R3-2
APN
086-0-122-165
UPID
US10-1486088
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Tam,david & Stella Liv Tr · 29 yrs held
Tam,david & Stella Liv Tr
since 1997
5 recorded transactions
Zoning & alternative use
R3-2 · Ventura, 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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$148 / 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
$24,725
Tax year 2023
Assessed value
$2,254,102
Assessed 2024
Previous assessed
$2,254,102
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$586,782
Assessed improvement
$1,667,320
Applied tax rate
5.0000
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
1977
Heating
NONE
Total area
16,514 SF
Lot
0.78 ac (33,976 SF)
Zoning code
R3-2
APN
086-0-122-165
UPID
US10-1486088
Jurisdiction
VENTURA
Zoning & alternative use
R3-2 · Ventura, CA
Zoning R3-2 · permitted uses
R3-2 · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
Tam,david & Stella Liv Tr
Individual
Mailing address
3962 CORTE CANCION, THOUSAND OAKS, CA 91360-6915
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
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 3, 2020
—
Tam,d & S Living Trust
—
Deed
related
$4,000,000 · Jp Morgan Chase Bk
Jun 17, 1997
—
Tam,david & Stella Liv Tr
Tam,
Quit Claim Deed
related
—
May 2, 1996
$480,000
David S Tam
Yeung Trust
Grant Deed
$845,000 · World Savings Bank
—
—
Tam,d & S Living Trust
—
Deed Of Trust
related
$4,000,000 · Jp Morgan Chase Bk
—
—
Tam Trust
—
Deed Of Trust
related
$1,450,000 · Washington Mutual Fsb
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
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