Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,330,000
Apartment buildings
2444 Alvarado St Oxnard, CA 93036-1716
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1463428
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
61,624 SF
Lot
3.81 ac (165,963 SF)
Zoning code
R3PD
APN
145-0-222-025
UPID
US10-1463428
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
-
Rancho Solana Apartments Loan Service
-
805 Cleaner General Contractor
-
Heavenly Angels In Home Care Home Health Care Service
-
Joe's AC & Heater Repair Oxnard Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.33M
Owner & transaction history
Rancho Solana Apartments Prope · 9 yrs held
Rancho Solana Apartments Prope
since 2016
7 recorded transactions
Zoning & alternative use
R3PD · Oxnard, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$12.3M
+7.5%
Commercial (general)
$12.0M
+4.6%
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 Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard 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)
$11,470,000
Current use
INDUSTRIAL (GENERAL)
$12,330,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,000,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$8.33M
Range $7.50M – $9.16M · ±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
$135 / 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
$172,380
Tax year 2023
Assessed value
$14,951,075
Assessed 2024
Previous assessed
$14,657,917
+2.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$4,096,184
Assessed improvement
$10,854,891
Applied tax rate
3.0000
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
1973
Construction
WOOD
Heating
NONE
Units
72
Total area
61,624 SF
Lot
3.81 ac (165,963 SF)
Zoning code
R3PD
APN
145-0-222-025
UPID
US10-1463428
Jurisdiction
VENTURA
Zoning & alternative use
R3PD · Oxnard, CA
Zoning R3PD · permitted uses
R3PD · Oxnard, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxnard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$11.5M
INDUSTRIAL (GENERAL)
Est. value
$12.3M
COMMERCIAL (GENERAL)
Est. value
$12.0M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1973
Construction
WOOD
Heating
NONE
Units
72
Lot
3.81 ac
Current owner
From public records · entity-resolved
Rancho Solana Apartments Prope
Individual
Mailing address
11766 WILSHIRE BLVD STE #1500, LOS ANGELES, CA 90025-6552
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Aug 12, 2019
—
Rancho Solana Apts Prop Owner
—
Grant Deed
related
$11,500,000 · Northmarq Cap Fin
Nov 14, 2016
$30,675,000
Rancho Solana Apartments Prope
Rancho Solana Apartments LLC
Grant Deed
related
$25,338,000 · Northmarq Cap Fin
Apr 30, 2007
—
Rancho Solana Apartments LLC
Kw Of Wdc Oxnard LLC
Grant Deed
$23,000,000 · Wachovia Bank Com'l 2006-c29
Jul 1, 2004
—
Kw/wdc Oxnard LLC
Kw Rancho Ellen LLC
Grant Deed
$16,635,000 · Wachovia Bank NA
Apr 1, 2003
—
Kw Rancho Ellen LLC
F & F Rancho Ellen Associates
Grant Deed
$1,900,000 · Capri Capital Finance LLC
Mar 20, 2001
—
F & F Rancho Ellen Assoc LLC
—
Deed Of Trust
related
$9,400,000 · Capri Capital Finance LLC
—
—
Alvarado Street Associates LP
—
Deed Of Trust
related
$750,000 · Rancho Ellen S LP
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 2444 Alvarado St?
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.
