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Property profile & analytics
OFF-MARKET
Estimated value
$8,085,000
Apartment buildings
1640 Garces Hwy Delano, CA 93215-3683
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-0608415
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
89,664 SF
Lot
7.43 ac (323,650 SF)
APN
424-020-10-00-5
UPID
US09-0608415
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
-
TAV International Inc Logistics Company
-
Sandlewood Apartments Apartment Building
-
Quick Payday Loans Loan Service
-
Goods Carrier LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.28M
Blend (final)
Blend
$8.09M
Owner & transaction history
Rupinder K Malli · 4 yrs held
Rupinder K Malli
since 2022
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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$13,365,000
Current use
AUTO REPAIR, GARAGE
$12,440,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$11,385,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$11,345,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$8.09M
Range $7.28M – $8.89M · ±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
$90 / 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
$62,841
Tax year 2023
Assessed value
$4,489,837
Assessed 2023
Previous assessed
$4,489,837
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$470,697
Assessed improvement
$4,019,140
Applied tax rate
2.0000
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
1986
Construction
WOOD
Heating
GAS
Cooling
OTHER
Stories
1
Units
96
Total area
89,664 SF
Lot
7.43 ac (323,650 SF)
APN
424-020-10-00-5
UPID
US09-0608415
Jurisdiction
KERN
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
$13.4M
AUTO REPAIR, GARAGE
Est. value
$12.4M
INDUSTRIAL (GENERAL)
Est. value
$11.4M
RETAIL STORES
Est. value
$11.3M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1986
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Units
96
Lot
7.43 ac
Current owner
From public records · entity-resolved
Rupinder K Malli
Individual
Free & Clear · 4 yrs held
Mailing address
9201 AVE 272, VISALIA, CA 93277-9421
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2022
—
Rupinder K Malli
Mks Enterprises LLC
Grant Deed
—
May 7, 2013
—
Kaleka 2006 Family Trust
Kaleka,kuldip S & Charanjit K
Quit Claim Deed
related
—
Nov 16, 2000
$3,200,000
Mks Enterprises LLC
White Trust
Grant Deed
$2,200,000 · Bankers Mutual
Dec 27, 1995
—
White Trust
White Trust
Quit Claim Deed
related
$1,230,000 · Bank Of America
Jul 24, 1995
$234,000
White Trust
Kelton Title Corporation
Trustees Deed
—
Jul 24, 1995
$2,691,000
White Trust
Kelton Title Corporation
Trustees Deed
$1,175,000 · Kelton Trust
Mar 8, 1993
$2,100,000
Kelton Title Corp
Mt Whitney S & L
Grant 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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