Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Apartment buildings
1945 Darrah St 1 Ceres, CA 95307-1865
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-5383627
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1951
Construction
WOOD
Total area
2,421 SF
Lot
0.14 ac (6,098 SF)
APN
127-001-005-000
UPID
US09-5383627
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
$665k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$665k
Owner & transaction history
Miguel Herrera Dominguez · 1 yrs held
Miguel Herrera Dominguez
since 2024
Last sale
$665,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$935,000
+25.1%
Auto repair, garage
$905,000
+20.9%
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 Ceres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ceres 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
$665,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$430,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$745,000
Current use
WAREHOUSE, STORAGE
$935,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$905,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$680,000
Change: -9% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$650,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $665k (Aug 29 2024)
Last sale anchor
$665k
Aug 29 2024
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
$275 / 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
$6,592
Tax year 2024
Assessed value
$572,220
Assessed 2024
Previous assessed
$572,220
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$65,025
Assessed improvement
$507,195
Applied tax rate
1.0000
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
Heating
FLOOR/WALL FURNACE
Cooling
CENTRAL
Stories
1
Units
4
Bathrooms
1
Total area
2,421 SF
Lot
0.14 ac (6,098 SF)
APN
127-001-005-000
UPID
US09-5383627
Jurisdiction
STANISLAUS
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
$745,000
WAREHOUSE, STORAGE
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$905,000
MEDICAL BUILDING
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$650,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Units
4
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Miguel Herrera Dominguez
Individual
Mailing address
1945 S DARRAH ST APT C, CERES, CA 95307-1865
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
$665,000
Miguel Herrera Dominguez
Richard Beechler
Grant Deed
$631,750 · A&d Mortgage LLC
Jul 2, 2021
$550,000
Richard Beechler
Kawaljit Pannu
Grant Deed
$545,250 · Evergreen Moneysource Mortgage Co
Aug 16, 2019
—
Jose Lopez
—
Deed
related
$45,800 · Fahmi Alsumeri
Jul 28, 2016
$270,000
Kawaljit Pannu
Espinoza,reynaldo & Laura F
Grant Deed
$265,109 · Prime Lndg
Jul 28, 2016
—
Kawaljit Pannu
Pannu,amanpreet
Quit Claim Deed
related
—
Dec 23, 2014
$183,000
Reynaldo Espinoza
Orozco,antonio
Grant Deed
$135,000 · Bank Of The West
Nov 5, 2014
—
Antonio Orozco
Fernandez,veronica
Quit Claim Deed
related
—
Sep 10, 2014
$180,000
Antonio Orozco
Pennymac Corp
Grant Deed
—
Mar 10, 2014
$250,000
Pennymac Corp
Mtc Financial INC
Trustees Deed
related
—
Sep 11, 2007
$410,000
Bryant J Gavino
Firooze INC
Corporation Deed
$303,750 · Suntrust Mortgage INC
Sep 7, 2007
—
Firooze INC
Ghorbani,reza
Grant Deed
—
Dec 7, 2005
$440,000
Reza Ghorbani
Mayhood,todd L
Grant Deed
—
Dec 7, 2005
—
Reza Ghorbani
Ann Marie Ghorbani
Intrafamily Transfer
related
—
Aug 6, 2004
—
Todd L Mayhood
Mayhood,julie
Quit Claim Deed
related
—
Aug 6, 2004
$355,000
Todd L Mayhood
Sharp,sharon L
Grant Deed
$284,000 · Ameribanc Corp
Feb 3, 2003
—
Sharon L Sharp
Sharp,sharon L
Quit Claim Deed
related
$164,000 · Hbc Investment Group INC
Sep 1, 1995
$123,000
Sharon L Sharp
Jones Trust
Grant Deed
$92,250 · Great Western Bank
Jun 27, 1995
—
Jones Trust
Jones,howard W
Quit Claim Deed
related
—
Dec 16, 1993
$102,000
American Savings Bank
Sinclair,richard
Trustees Deed
related
—
Aug 19, 1993
$195,500
S E
Emma C Pelucca E
Grant Deed
related
—
Nov 2, 1992
$44,500
Emma C Pelucca
Sinclair,richard
Grant Deed
related
—
Nov 17, 1989
$35,500
Mark,clarence J
Sinclair,enterpr
Trustees Deed
—
—
—
Jose Lopez
—
Deed Of Trust
related
$45,800 · Fahmi Alsumeri
—
—
Sharon L Sharp
—
Deed Of Trust
related
$10,000 · Beneficial California INC
—
—
Richard Sinclair
—
Deed Of Trust
related
$134,400 · American Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1945 Darrah St, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
