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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Apartment buildings
15975 Serrano Rd Apple Valley, CA 92307-6229
Individually Owned
4-yr Hold
Property ID
US10-1547779
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
WOOD FRAME
Total area
4,940 SF
Lot
0.46 ac (20,000 SF)
APN
0441-101-30-0000
UPID
US10-1547779
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
$575k
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$550k
Owner & transaction history
Olegario Hernandez · 4 yrs held
Olegario Hernandez
since 2022
Last sale
$549,000
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 Apple Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apple Valley 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
$535,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $549k (May 18 2022)
Last sale anchor
$549k
May 18 2022
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
$111 / 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
$7,124
Tax year 2023
Assessed value
$588,639
Assessed 2024
Previous assessed
$577,097
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$37,527
Assessed improvement
$551,112
Applied tax rate
21.0000
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
1983
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
5
Total area
4,940 SF
Lot
0.46 ac (20,000 SF)
APN
0441-101-30-0000
UPID
US10-1547779
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
1983
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
5
Lot
0.46 ac
Current owner
From public records · entity-resolved
Olegario Hernandez
Individual
Mailing address
1132 S FERRIS AVE, LOS ANGELES, CA 90022-3846
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2022
—
Olegario Hernandez
Olegario Hernandez
Intrafamily Transfer
related
—
Jul 22, 2021
—
Olegario Hernandez
—
Deed
related
$440,000 · Arrowhead Central Cu
Jun 23, 2020
—
Olegario Hernandez
Maria G Hernandez
Quit Claim Deed
related
$329,400 · Koorosh M Myers
Jun 23, 2020
$549,000
Olegario Hernandez
Jian H Zhao
Grant Deed
—
Apr 24, 2015
$310,000
Jian H Zhao
Wen Hsiung Tseng
Grant Deed
$180,000 · East West Bank
Oct 31, 2012
$270,000
Wen-hsiung Tseng
St Germain D & L Fam Trust
Grant Deed
—
Aug 9, 2006
—
Stgermain D & L Family Trust
Stgermain,dennis E & Linda
Quit Claim Deed
related
—
Jul 5, 2006
—
Dennis E Stgermain
Stgermain,linda
Quit Claim Deed
related
—
May 16, 2006
—
Linda Stgermain
Sanders Family Trust
Grant Deed
—
Jan 8, 2003
—
W Sanders
Saintgermain,l
Grant Deed
related
—
Jul 26, 2001
—
Linda M Stgermain
Stgermain,dennis E
Quit Claim Deed
related
—
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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