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Property profile & analytics
OFF-MARKET Estimated value $280,000
Apartment buildings

1307 Glenwood St Delano, CA 93215-2042

2,904 SF 0.26 ac lot Built 1983
Trust Owned 18-yr Hold Free & Clear
Property ID
US10-3128663
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1983
Construction WOOD
Total area 2,904 SF
Lot 0.26 ac (11,325 SF)
Zoning code GC
APN 038-020-06-00-9
UPID US10-3128663
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
$515k
Comparable Approach Comparable
$583k
Blend (final) Blend
$280k
Owner & transaction history
Berumen A JR Living Trust · 18 yrs held
Berumen A JR Living Trust
since 2008
7 recorded transactions
2008
Price N/A
2006
$340,000
2006
Price N/A
2005
Price N/A
2003
Price N/A
2003
$175,000
1991
$158,000
Zoning & alternative use
GC · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In only the DC, NC, GC, CRC, I, or CF zone districts, excepting the provisions of Section 20.2.90.2.f. above, placement of temporary buildings, commercial cargo/storage containers, trailers, coaches and similar items may be permitted subject to an approved temporary land use permit; 4. Temporary permits shall first be issued for a period of time not to excee…

Zone name General Commercial
General category COMMERCIAL
Zone area 466.49 ac
Source Microsoft Word - CLEAN Chp02.doc
Top alternative use upside
Medical building $610,000 +41.4%
Office building $565,000 +30.0%
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