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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Apartment buildings
15564 Hesperia Rd, Victorville, CA 92395-3318
Entity Owned
8-yr Hold
Property ID
US10-1546495
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1951
Construction
WOOD FRAME
Total area
4,960 SF
Lot
0.49 ac (21,300 SF)
APN
0478-214-09-0000
UPID
US10-1546495
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
-
Renova Properties, LLC Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Renova Properties LLC · 8 yrs held
Renova Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+4.2%
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%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,055,000
Current use
RETAIL STORES
$1,100,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$140 / 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
$7,533
Tax year 2023
Assessed value
$624,692
Assessed 2024
Previous assessed
$612,443
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$122,708
Assessed improvement
$501,984
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
1951
Construction
WOOD FRAME
Heating
NONE
Units
10
Total area
4,960 SF
Lot
0.49 ac (21,300 SF)
APN
0478-214-09-0000
UPID
US10-1546495
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
$1.1M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
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
1951
Construction
WOOD FRAME
Heating
NONE
Units
10
Lot
0.49 ac
Current owner
From public records · entity-resolved
Renova Properties LLC
Entity
Mailing address
PO BOX 1265, RANCHO SANTA FE, CA 92067-1265
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2024
—
Renova Properties LLC
—
Deed
related
$242,000 · Homequity Funding Corporation 401k Plan
Sep 10, 2021
—
Renova Properties LLC
—
Deed
related
$585,000 · Macoy Capital Partners INC
Jul 3, 2019
—
Renova Properties LLC
—
Deed
related
$88,000 · Wallace Betty Trust (pt)
Sep 5, 2018
—
Renova Properties LLC
—
Deed
related
$140,000 · Wallace Betty Trust (pt)
Jun 7, 2018
$560,000
Renova Properties LLC
Yao,tina Y
Grant Deed
$430,000 · Homequity Funding Corporation 401k Plan
Nov 8, 2013
$390,000
Tina Y Yao
Western States Dev INC
Grant Deed
—
Sep 16, 2013
—
Western States Dev INC
Lyons,mark P
Grant Deed
—
Oct 29, 2012
$155,000
Mark P Lyons
Freedom Real Estate Solutions
Grant Deed
$250,000 · Waas Douglas E Living Trust
Jun 20, 2012
$200,000
Freedom Real Estate Solutions
Sdkrup 1 LLC
Grant Deed
$200,000 · Pivotal Capital Grp LLC
Apr 4, 2012
$180,000
Sdkrup 1 LLC
Bayview Ln Svcg LLC
Grant Deed
—
Mar 1, 2012
$121,600
Bayview Ln Svcg LLC
Seaside Trustee INC
Trustees Deed
related
—
Apr 19, 2005
—
Elmer D Sabisch
Sabisch,guadalupe F
Quit Claim Deed
related
$311,500 · Interbay Funding LLC
Oct 28, 2002
$250,000
Elmer D Sabisch
Davis,tr
Grant Deed
$200,000 · Davis Trust
Feb 28, 2000
$220,500
Sean Carlson
Davis Trust
Grant Deed
$210,000 · Seller
Sep 21, 1998
—
Douglas Lueck
Ward,mark C
Grant Deed
related
—
—
—
Renova Properties LLC
—
Deed Of Trust
related
$88,000 · Wallace Betty Trust (pt)
—
—
Renova Properties LLC
—
Deed Of Trust
related
$140,000 · Wallace Betty Trust (pt)
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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