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Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Apartment buildings
20401 Brian Way Tehachapi, CA 93561-8726
Entity Owned
2-yr Hold
Property ID
US09-2818792
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
WOOD
Total area
13,755 SF
Lot
0.51 ac (22,215 SF)
Zoning code
C-2
APN
468-101-12-00-1
UPID
US09-2818792
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
-
DGP Car Accident Lawyer Network Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.44M
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$2.43M
Owner & transaction history
Newton Lee LLC · 2 yrs held
Newton Lee LLC
since 2023
7 recorded transactions
Zoning & alternative use
C-2 · Tehachapi, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+6.0%
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 Tehachapi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tehachapi 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%
$2,640,000
6.5%
$2,440,000
7%
$2,265,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,735,000
Current use
MEDICAL BUILDING
$2,900,000
Change: +6% · Conversion: Moderate
OFFICE BUILDING
$2,665,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±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
$176 / 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
$21,516
Tax year 2023
Assessed value
$1,618,812
Assessed 2023
Previous assessed
$1,618,812
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$81,991
Assessed improvement
$1,536,821
Applied tax rate
125.0000
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
1987
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
YES
Stories
3
Units
22
Total area
13,755 SF
Lot
0.51 ac (22,215 SF)
Zoning code
C-2
APN
468-101-12-00-1
UPID
US09-2818792
Jurisdiction
KERN
Zoning & alternative use
C-2 · Tehachapi, CA
Zoning C-2 · permitted uses
C-2 · Tehachapi, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tehachapi. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
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
1987
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
3
Units
22
Lot
0.51 ac
Current owner
From public records · entity-resolved
Newton Lee LLC
Entity
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2023
—
Newton Lee LLC
Saticoy Development Company LLC
Grant Deed
$250,000 · Mission Bank
Sep 11, 2023
—
Newton Lee LLC
Newton Lee LLC
Intrafamily Transfer
related
—
Jan 31, 2020
$1,540,000
Newton Lee LLC
Carlos E Madrid
Grant Deed
$1,015,000 · Mission Bank
Mar 14, 2018
—
Carlos E Madrid
—
Deed
related
$300,000 · West Coast Servicing INC
Aug 16, 2016
—
Carlos E Madrid
—
Deed
related
$300,000 · Datacom Inv
May 19, 2014
—
Carlos E Madrid
Madrid,herbert E
Affidavit Of Death
related
—
Apr 16, 2012
—
Carlos E Madrid
Madrid,carlos E & Linda J
Quit Claim Deed
related
—
—
—
Herbert Madrid
—
Deed Of Trust
related
$352,639 · Us Bank NA
—
—
Carlos E Madrid
—
Deed Of Trust
related
$300,000 · Datacom Inv
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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