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Property profile & analytics
OFF-MARKET
Estimated value
$3,805,000
Apartment buildings
225 Meyer St Arvin, CA 93203-1460
Entity Owned
Property ID
US09-4467528
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Construction
WOOD
Total area
61,857 SF
Lot
1.05 ac (45,738 SF)
Zoning code
R-1
APN
191-070-33-00-0
UPID
US09-4467528
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
-
Summerview Apartment Complex
-
Arvin Family Housing Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$3.81M
Owner & transaction history
Summerview Apts LP
Summerview Apts LP
since 2026
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
R-1 · Arvin, CA
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 Arvin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arvin 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
$3,540,000
ML approach
$3,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.81M
Range $3.42M – $4.19M · ±10% · vs last sale $4.00M (Dec 9 2022)
Last sale anchor
$4.00M
Dec 9 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
$62 / 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
$51,684
Tax year 2023
Assessed value
$3,815,000
Assessed 2023
Previous assessed
$3,815,000
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$40,000
Assessed improvement
$3,775,000
Applied tax rate
9.0000
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
2006
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
61
Total area
61,857 SF
Lot
1.05 ac (45,738 SF)
Zoning code
R-1
APN
191-070-33-00-0
UPID
US09-4467528
Jurisdiction
KERN
Zoning & alternative use
R-1 · Arvin, CA
Zoning R-1 · permitted uses
R-1 · Arvin, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arvin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
61
Lot
1.05 ac
Current owner
From public records · entity-resolved
Summerview Apts LP
Entity
Mailing address
631 S OLIVE ST STE #860, LOS ANGELES, CA 90014-3654
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2026
—
Summerview Apts LP
Summerview Estates LLC
Deed
related
$2,575,000 · East West Bank
Jan 30, 2023
—
Summerview Estates LLC
—
Deed
related
$2,575,000 · East West Bank
Dec 9, 2022
$4,000,000
Summerview Estates LLC
Arvin II Family Housing Partners LP
Special Warranty Deed
—
Feb 18, 2005
$344,500
Arvin II Family Hsng Ptrs
Blackburn,mildred J
Grant Deed
—
Jun 30, 1978
—
Vernon H Est Blackburn
—
Grant 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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