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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Apartment buildings
20220 Serrano Rd Apple Valley, CA 92307-6125
Entity Owned
3-yr Hold
Property ID
US10-1553605
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Construction
WOOD FRAME
Total area
3,640 SF
Lot
0.39 ac (17,000 SF)
APN
0441-231-09-0000
UPID
US10-1553605
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
-
PVM Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$880k
Owner & transaction history
Dclb Properties LLC · 3 yrs held
Dclb Properties LLC
since 2023
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+41.1%
Medical building
$1.1M
+34.1%
Neighborhood: shopping center
$980,000
+24.8%
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
$1,205,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$785,000
Current use
AUTO REPAIR, GARAGE
$1,110,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$1,055,000
Change: +34% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$965,000
Change: +23% · Conversion: Moderate
WAREHOUSE, STORAGE
$930,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$810,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $900k (Jun 14 2023)
Last sale anchor
$900k
Jun 14 2023
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
$242 / 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
$8,941
Tax year 2023
Assessed value
$918,000
Assessed 2024
Previous assessed
$728,280
+26.1% YoY
Effective rate
0.97%
On assessed value
Assessed land
$102,000
Assessed improvement
$816,000
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
1954
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Total area
3,640 SF
Lot
0.39 ac (17,000 SF)
APN
0441-231-09-0000
UPID
US10-1553605
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
$785,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
COMMERCIAL (GENERAL)
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$930,000
RETAIL STORES
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1954
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Lot
0.39 ac
Current owner
From public records · entity-resolved
Dclb Properties LLC
Entity
Mailing address
3890 ORANGE ST UNIT #247, RIVERSIDE, CA 92502-6011
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Dclb Properties LLC
—
Deed
related
$787,500 · Burbank Capital Funding LLC
Jun 14, 2023
$900,000
Dclb Properties LLC
Sam Santha Yin
Grant Deed
$550,000 · Sce FCU
Feb 2, 2023
—
Sam Santha Yin
Sam S Yin
Intrafamily Transfer
related
—
Jun 11, 2021
$700,000
Sam S Yin
Veronica M Jimenez
Grant Deed
$462,000 · Credit Union Of Southern California
Mar 9, 2015
—
Jaramillo,v S Living Trust
Jaramillo Victor S
Quit Claim Deed
related
—
Jan 30, 2013
$183,000
Veronica M Jeminez
Jaramillo,victor S
Grant Deed
$138,000 · Victor S Jaramillo
Oct 27, 2010
$180,000
Victor S Jaramillo
Future Real Estate INC
Grant Deed
—
Dec 22, 2005
—
Future Real Estate INC
Bergman,dale & Judy M
Grant Deed
$386,250 · Stephen M Bishop
May 21, 2004
$280,000
Dale Bergman
Fox,tr
Grant Deed
$132,000 · Martin Feldman Account #cfm010
Jan 7, 2003
$150,000
Fox,tr
Weldy,k
Grant Deed
$105,000 · Citizens Business Bank
Jul 30, 1999
$72,000
Kimberly L Weldy
United Enterprises
Grant Deed
$72,000 · Jackson Federal Bank
Nov 24, 1998
$107,526
United Enterprises
Mojave Rental Association
Trustees Deed
—
Oct 9, 1998
$5,000
Nancy Mcafee
Mojave Rental Association
Grant Deed
related
—
Jun 21, 1995
$52,000
Mojave Rental Association
Federal National Mortgage Assn
Grant Deed
$74,000 · United Enterprises
Mar 16, 1995
—
Fnma
Coast Fb Fsb,
Quit Claim Deed
related
—
Jul 7, 1994
$100,000
Coast Federal Bank
Mccoy,donald W &
Trustees Deed
related
—
Nov 22, 1991
$200,000
Jeffrey Johnson
Day,timothy L
Grant Deed
$53,284 · Seller
Jun 29, 1988
$33,000
Day Timohty L
Mines Richard J
Trustees Deed
related
$23,027 · Mccoy Donald W W
—
—
Veronica M Jimenez
—
Deed Of Trust
related
$224,000 · Athas Cap
—
—
Jeffrey R Johnson
—
Deed Of Trust
related
$43,750 · Unicor Funding INC
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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