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Property profile & analytics
OFF-MARKET
Estimated value
$4,780,000
Apartment buildings
15430 Culebra Rd 1, Victorville, CA 92394-1908
Entity Owned
8-yr Hold
Property ID
US10-1557352
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
WOOD FRAME
Total area
42,588 SF
Lot
3.33 ac (145,202 SF)
APN
0395-137-30-0000
UPID
US10-1557352
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
Current use
Occupant on record · Public records
-
Hillcrest Court Apartments Apartment Building Apartment Complex
-
Nishas Veganism Restaurant
-
Victorville Emergency Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.62M
Comparable Approach
Comparable
$3.04M
Blend (final)
Blend
$4.78M
Owner & transaction history
Hillcrest Court Apartments LLC · 8 yrs held
Hillcrest Court Apartments LLC
since 2018
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 Victorville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Victorville 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%
$7,165,000
6.5%
$6,615,000
7%
$6,140,000
Blend value · Realmo final
$4.78M
Range $4.30M – $5.26M · ±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
$112 / 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
$3,676
Tax year 2023
Assessed value
$3,415,719
Assessed 2024
Previous assessed
$3,348,744
+2.0% YoY
Effective rate
0.11%
On assessed value
Assessed land
$490,828
Assessed improvement
$2,924,891
Applied tax rate
12.0000
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
1974
Construction
WOOD FRAME
Heating
NONE
Units
67
Total area
42,588 SF
Lot
3.33 ac (145,202 SF)
APN
0395-137-30-0000
UPID
US10-1557352
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
Building & site characteristics
From public records
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Units
67
Lot
3.33 ac
Current owner
From public records · entity-resolved
Hillcrest Court Apartments LLC
Entity
Mailing address
125 HORIZON AVE, REDLANDS, CA 92374-2307
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
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2019
—
Hillcrest Court Apartments LLC
—
Deed
related
$2,411,000 · Greystone Svcng Corp
May 6, 2019
—
Hillcrest Court Apartments LLC
—
Deed
related
$2,411,000 · Greystone Svcng Corp
Mar 1, 2018
$7,425,500
Hillcrest Court Apartments LLC
Amcal Hillcrest Court Fund LP
Grant Deed
$804,489 · Housing Authority Of The County Of
Jul 3, 2013
$6,670,000
Amcal Hillcrest Court Fund LP
Victorville Housing Trust
Grant Deed
—
May 14, 2013
—
Victorville Housing Trust
Victorville Redevelopment Agen
Quit Claim Deed
—
Nov 25, 2009
—
Victorville Redevelopment Agcy
Luther Burbank Svgs
Grant Deed
—
Aug 17, 2009
$2,039,000
Luther Burbank Svgs
Fidelity National Title Co
Trustees Deed
related
—
Jun 20, 2005
—
Innoprize Xviii LLC
Hillcrest Court Apartments LP
Grant Deed
$3,517,500 · United Commercial Bank
Jan 17, 2001
—
Hillcrest Court Apts
Zaman,malik Etux
Grant Deed
related
—
Jul 14, 2000
—
Malik Etux Zaman
Zaman,malik Etal
Quit Claim Deed
related
—
Aug 24, 1999
$210,000
Matik Zaman
Hillcrest Court Apartment Co
Grant Deed
$115,000 · Us Holdings LP
Jun 10, 1997
—
Hc Apartment Com
—
Deed Of Trust
related
—
Nov 14, 1995
$797,500
Hillcrest Ct Apt Co
Reo Dept LLC
Grant Deed
$778,000 · Imperial Thrift & Loan
Nov 14, 1995
$500,000
Reo Dev LLC
Downey Savings (retail)
Grant Deed
—
May 19, 1995
—
Savings A Downey
—
Deed Of Trust
related
—
Mar 3, 1995
—
Durston I Ernest
—
Deed Of Trust
related
—
Feb 24, 1995
—
Industrie Eiffel
—
Deed Of Trust
related
—
—
—
Hillcrest Court Apartments
—
Deed Of Trust
related
$1,500,000 · Malaga Bank Fsb
—
—
Malik Zaman
—
Deed Of Trust
related
$975,000 · California Federal Bank
—
—
Amcal Hillcrest Court Fund LP
—
Loan Modification
related
$620,000 · Victorville Housing Trust (ct)
—
—
Richard R Stromberg
—
Deed Of Trust
related
$572,000 · Kaplan Kenegos & Kadin
—
—
Innoprize Xviii LLC
—
Deed Of Trust
related
$750,000 · Organ Stanley & L Family Trust
—
—
Innoprize Xviii LLC
—
Deed Of Trust
related
$650,000 · Kevin Halliburton
—
—
Hillcrest Court Apartments LLC
—
Deed Of Trust
related
$2,411,000 · Greystone Svcng Corp
—
—
Hillcrest Court Apartments LLC
—
Deed Of Trust
related
$2,411,000 · Greystone Svcng Corp
—
—
Victorville Redevelopment Agcy
—
Deed Of Trust
related
$6,050,000 · San Bernardino County (ca)
—
—
County Of San Bernardino
—
Loan Modification
related
$6,684,637 · Hillcrest Court Apartments LLC
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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