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Property profile & analytics
OFF-MARKET
Estimated value
$4,025,000
Apartment buildings
1303 Albany St, Delano, CA 93215
Individually Owned
8-yr Hold
Property ID
US10-2228171
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
41,909 SF
Lot
4.67 ac (203,425 SF)
Zoning code
R-3
APN
519-010-04-00-6
UPID
US10-2228171
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
$4.34M
Blend (final)
Blend
$4.03M
Owner & transaction history
Mohamed H Mosleh · 8 yrs held
Mohamed H Mosleh
since 2018
7 recorded transactions
Zoning & alternative use
R-3 · Delano, 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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,245,000
Current use
AUTO REPAIR, GARAGE
$5,815,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,320,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$5,300,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.03M
Range $3.62M – $4.43M · ±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
$96 / 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
$34,017
Tax year 2023
Assessed value
$2,577,719
Assessed 2023
Previous assessed
$2,577,719
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$492,139
Assessed improvement
$2,085,580
Applied tax rate
2.0000
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
1970
Construction
WOOD
Heating
GAS
Cooling
EVAPORATIVE
Stories
1
Units
40
Total area
41,909 SF
Lot
4.67 ac (203,425 SF)
Zoning code
R-3
APN
519-010-04-00-6
UPID
US10-2228171
Jurisdiction
KERN
Zoning & alternative use
R-3 · Delano, CA
Zoning R-3 · permitted uses
R-3 · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1970
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Units
40
Lot
4.67 ac
Current owner
From public records · entity-resolved
Mohamed H Mosleh
Individual
Mailing address
2419 EDGEHILL CT, SAN LEANDRO, CA 94577-6302
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2018
—
Mohamed H Mosleh
Wilaya M Mosleh
Quit Claim Deed
related
$1,500,000 · Wfb NA
May 15, 2018
$2,357,000
Mohamed Hezam Mosieh
Albany St LLC
Grant Deed
—
Apr 28, 2015
—
Albany Street LLC
Windes Mvestments INC
Grant Deed
$1,400,000 · Wells Fargo Bank NA
Apr 15, 2010
—
Windes Investments INC
Todd Windes
Grant Deed
$1,150,000 · Wells Fargo Bank NA
Sep 26, 2008
—
Mario Salas
Salas,mario & Carmina L
Quit Claim Deed
related
—
Jun 20, 2008
$503,500
Mario Salas
Smith J M 1992 Trust
Grant Deed
—
Jun 18, 2008
—
Smith Jacqueline M 1992 Trust
Boyd Exchange LLC
Grant Deed
—
Aug 24, 2007
—
Boyd Exchange LLC
Smith J M 1992 Trust
Grant Deed
—
Nov 4, 2002
$1,425,000
Smith,tr
Aezah,david A
Grant Deed
$850,000 · Jackson Federal Bank
Mar 13, 2002
—
Michael R Young
Young,jeanne
Quit Claim Deed
related
$585,000 · Blackburne & Brown Mtg Funding
Mar 13, 2002
$1,000,000
David A Aezah
Roe,marvin
Grant Deed
—
Jan 16, 2002
—
Granada Development Co
Dave Gardner Cross Assoc Archi
Grant Deed
related
—
Dec 31, 2001
$100,000
Marvin Roe
Granada Development Co
Grant Deed
related
—
Mar 17, 1999
—
Workman Brothers Dev Co INC
Syroli IV
Grant Deed
$495,000 · Westamerica Bank
—
—
Smith Jacqueline M 1992 Trust
—
Deed Of Trust
related
$1,150,000 · Union Bank Of California
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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