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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Apartment buildings
11232 Chapparal Ave Adelanto, CA 92301-2067
Individually Owned
Free & Clear
Property ID
US10-1546494
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
WOOD FRAME
Total area
5,616 SF
Lot
0.46 ac (20,038 SF)
APN
0459-611-07-0000
UPID
US10-1546494
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
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Scott Howard Wells JR
Scott Howard Wells JR
since 2025
7 recorded transactions
Zoning & alternative use
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 Adelanto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adelanto 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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$95 / 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
$3,083
Tax year 2023
Assessed value
$276,421
Assessed 2024
Previous assessed
$271,001
+2.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$24,037
Assessed improvement
$252,384
Applied tax rate
14.0000
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
1987
Construction
WOOD FRAME
Heating
NONE
Units
6
Total area
5,616 SF
Lot
0.46 ac (20,038 SF)
APN
0459-611-07-0000
UPID
US10-1546494
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
WOOD FRAME
Heating
NONE
Units
6
Lot
0.46 ac
Current owner
From public records · entity-resolved
Scott Howard Wells JR
Individual
Free & Clear · 0 yrs held
Mailing address
1220 COTTAGE PL #32, GARDENA, CA 90247-2493
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
—
Scott Howard Wells JR
Scott Howard Wells JR
Deed
related
—
Feb 24, 2016
—
Scott Wells JR
Torres,sandra A
Quit Claim Deed
related
—
Apr 14, 2014
$230,000
Sandra A Torres
West Ridge Rentals LLC
Grant Deed
—
Feb 27, 2013
—
West Ridge Rentals LLC
Mid-cal Realty Services INC
Grant Deed
—
Feb 27, 2013
$172,100
Mid-cal Realty Services INC
Td Service Co
Trustees Deed
related
—
Jun 1, 2012
—
Chinnock Kevin Living Trust
Chapparral Avenue LLC
Grant Deed
—
Jun 2, 2011
$1,015,000
Chapparral Avenue LLC
Chinnock K Living Trust
Grant Deed
$939,711 · Chinnock K Living Trust (lt)
Jun 13, 2007
—
Chinnock Kevin Living Trust
Chinnock,kevin J
Quit Claim Deed
related
—
Oct 7, 2005
$1,394,000
Kevin Chinnock
Gallagher E J & P M Trust
Grant Deed
$343,000 · Fullerton Community Bank Fsb
Sep 22, 2003
—
Gallagher,tr
Gallagher,edward J & Phyllis M
Quit Claim Deed
related
—
Jun 22, 1992
—
Edwar Gallagher
—
Deed Of Trust
related
—
Sep 16, 1988
$720,000
Edward Gallagher
Mid Exchange INC
Trustees Deed
$440,000 · Malibu Savings B
Sep 16, 1988
—
Mid Exchange INC
Campbell Roberts
Trustees Deed
related
—
—
—
Michel Rafael
—
Deed Of Trust
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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