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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Apartment buildings
12907 Algonquin Rd Apple Valley, CA 92308-6467
Individually Owned
5-yr Hold
Property ID
US10-1544361
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD FRAME
Total area
7,337 SF
Lot
0.76 ac (33,300 SF)
APN
3087-337-01-0000
UPID
US10-1544361
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
$1.15M
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$900k
Owner & transaction history
Luis A Cerda · 5 yrs held
Luis A Cerda
since 2020
Last sale
$730,000
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
$1,110,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,310,000
Current use
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $730k (Dec 21 2020)
Last sale anchor
$730k
Dec 21 2020
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
$123 / 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
$10,132
Tax year 2023
Assessed value
$814,329
Assessed 2024
Previous assessed
$798,362
+2.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$33,465
Assessed improvement
$780,864
Applied tax rate
21.0000
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
1971
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
9
Total area
7,337 SF
Lot
0.76 ac (33,300 SF)
APN
3087-337-01-0000
UPID
US10-1544361
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
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1971
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
9
Lot
0.76 ac
Current owner
From public records · entity-resolved
Luis A Cerda
Individual
Mailing address
31171 CITRUS AVE, REDLANDS, CA 92374-8243
Ownership since
2020
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
Dec 21, 2020
—
Luis A Cerda
Luis A Cerda
Intrafamily Transfer
related
$470,000 · Firefighters First FCU
Feb 16, 2018
—
Luis A Cerda
—
Deed
related
$475,000 · Firefighters First Cu
Nov 8, 2017
$730,000
Luis A Cerda
Eternity Properties II LLC
Grant Deed
—
Jun 27, 2014
$580,000
Eternity Properties II LLC
Jay-gees LLC
Grant Deed
—
Mar 25, 2013
$325,000
Jay-gees LLC
Fidelity National Title Co
Trustees Deed
related
—
Dec 9, 2004
$763,500
Justina Omwanghe
Sanchez,benjamin & Mary L
Grant Deed
$475,000 · United Commercial Bank
Dec 9, 2004
—
Justina Omwanghe
Omwanghe,austin
Quit Claim Deed
related
—
Apr 16, 2004
$515,000
Benjamin Sanchez
Torres,paul F
Grant Deed
$360,500 · Dfi Funding INC
Dec 20, 1994
—
Torres-carrasqui
—
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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