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Property profile & analytics
OFF-MARKET
Estimated value
$2,945,000
Apartment buildings
11661 White Ave Adelanto, CA 92301-2810
Entity Owned
2-yr Hold
Property ID
US10-1553638
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD FRAME
Total area
15,414 SF
Lot
1.14 ac (49,552 SF)
APN
0459-142-39-0000
UPID
US10-1553638
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
$4.03M
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.95M
Owner & transaction history
Daisy Sd LLC · 2 yrs held
Daisy Sd LLC
since 2023
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.7M
+42.8%
Medical building
$4.5M
+35.7%
Neighborhood: shopping center
$4.2M
+26.3%
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
$4,025,000
ML approach
$4,025,000
CAP Approach
CAP Return
Estimation
6%
$2,275,000
6.5%
$2,100,000
7%
$1,950,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,285,000
Current use
AUTO REPAIR, GARAGE
$4,695,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$4,460,000
Change: +36% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,150,000
Change: +26% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,930,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,635,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$2.95M
Range $2.65M – $3.24M · ±10% · vs last sale $3.00M (Oct 30 2023)
Last sale anchor
$3.00M
Oct 30 2023
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
$191 / 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
$40,486
Tax year 2023
Assessed value
$3,000,000
Assessed 2024
Previous assessed
$3,519,000
-14.7% YoY
Effective rate
1.35%
On assessed value
Assessed land
$495,000
Assessed improvement
$2,505,000
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
1984
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
32
Total area
15,414 SF
Lot
1.14 ac (49,552 SF)
APN
0459-142-39-0000
UPID
US10-1553638
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1984
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
32
Lot
1.14 ac
Current owner
From public records · entity-resolved
Daisy Sd LLC
Entity
Mailing address
7410 PALAZZO PL, RANCHO CUCAMONGA, CA 91739-8766
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2024
—
Daisy Sd LLC
—
Deed
related
$2,650,000 · Credit Union Of Southern California
Oct 30, 2023
$3,000,000
Daisy Sd LLC
Medina Property Investment LLC
Grant Deed
$2,340,000 · Corevest American Finance Lender Ll
Apr 25, 2023
—
Medina Property Investment LLC
William Medina
Grant Deed
$2,626,000 · Cbre Capital Markets INC
Apr 28, 2022
$3,450,000
William Medina
Francisco Juarez Solares
Grant Deed
$2,587,500 · Riverbend Funding LLC
Dec 23, 2019
$1,950,000
Francisco Juarez Solares
Zhen Chao
Grant Deed
$1,240,000 · Cbre Capital Markets INC
Sep 2, 2003
$870,000
Chao Zhen
Ajax Services LLC
Grant Deed
$600,000 · United Commercial Bank
Sep 2, 2003
—
Ajax Services LLC
Morgan,ted & Zoe
Grant Deed
related
—
Aug 2, 2001
—
Ted Morgan
Southwind Group LLC
Grant Deed
$385,000 · Southwind Group LLC
Dec 1, 1999
$425,000
Montezuma Villas LLC
Southwind Group LLC
Grant Deed
$260,000 · Arrowhead Service Corp
Mar 4, 1996
$190,000
State Street Bank & Trust Co T
Kaplan,lonnie & Sima
Trustees Deed
related
—
Oct 19, 1993
$169,000
Naveed,amir
Kaplan,lonnie &
Trustees Deed
—
Jul 8, 1988
$485,000
Kaplan Lonnie
Bell S&l Assn
Grant Deed
—
Jan 28, 1988
—
Bell S
Geldt
Trustees Deed
related
—
—
—
Amir Naveed
—
Deed Of Trust
related
$532,000 · Individual
—
—
Kaplan Lonnie
—
Deed Of Trust
related
$540,000 · Progressive Savings Bank
—
—
Ted Morgan
—
Deed Of Trust
related
$385,000 · Arthur L
—
—
Amir Naveed
—
Deed Of Trust
related
$3,500 · California Financial
—
—
Hayden D Hamilton
—
Deed Of Trust
related
$252,600 · Southern Pacific Thrift & Loan
—
—
Amir Naveed
—
Deed Of Trust
related
$18,375 · Individual
—
—
Amir Naveed
—
Deed Of Trust
related
$69,125 · Individual
—
—
Chao Zhen
—
Deed Of Trust
related
$455,000 · East West Bank
—
—
Amir Naveed
—
Deed Of Trust
related
$7,000 · Individual
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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