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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Apartment buildings
1396 Detroit St Norco, CA 92860-1316
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2499748
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Construction
WOOD
Total area
3,240 SF
Lot
1.3 ac (56,628 SF)
Zoning code
A1
APN
131-130-010
UPID
US09-2499748
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
$805k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$760k
Owner & transaction history
Azeroth 28 LP · 3 yrs held
Azeroth 28 LP
since 2023
7 recorded transactions
Zoning & alternative use
A1 · Norco, 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 Norco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norco 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%
$875,000
6.5%
$805,000
7%
$750,000
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$235 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,819
Tax year 2024
Assessed value
$1,567,450
Assessed 2024
Previous assessed
$1,567,450
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$698,700
Assessed improvement
$868,750
Applied tax rate
15.0000
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
1953
Construction
WOOD
Heating
NONE
Stories
1
Units
6
Total area
3,240 SF
Lot
1.3 ac (56,628 SF)
Zoning code
A1
APN
131-130-010
UPID
US09-2499748
Jurisdiction
RIVERSIDE
Zoning & alternative use
A1 · Norco, CA
Zoning A1 · permitted uses
A1 · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
NONE
Stories
1
Units
6
Lot
1.3 ac
Current owner
From public records · entity-resolved
Azeroth 28 LP
Entity
Free & Clear · 3 yrs held
Mailing address
4900 SANTA ANITA AVE STE 2C, EL MONTE, CA 91731-1490
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
Azeroth 28 LP
—
Deed
related
$10,647,000 · Symetra Life Insurance Co
Mar 30, 2023
—
Azeroth 28 LP
Golden Opportunity No 28 LP
Grant Deed
—
Jun 10, 2019
$875,000
Golden Opportunity No 28 LP
Richard D Hubbard
Grant Deed
$875,000 · Western Alliance Bank
Aug 15, 2014
$575,000
Richard D Hubbard
Mak Farnsworth LLC
Grant Deed
—
Aug 15, 2014
—
Richard D Hubbard
Hubbard,pamela
Quit Claim Deed
related
—
Dec 30, 2013
$430,000
Mak Farnsworth LLC
Farnsworth F M Trust
Grant Deed
$385,000 · Premier Financial Group INC
Jul 19, 2013
—
Farnsworth,forrest M Trust
Farnsworth F Family Trust
Quit Claim Deed
—
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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