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Property profile & analytics
OFF-MARKET
Estimated value
$4,800,000
Apartment buildings
300 Sunrise Way Palm Springs, CA 92262-6536
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7325726
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
28,699 SF
Lot
0.8 ac (34,848 SF)
Zoning code
R2
APN
502-022-004
UPID
US09-7325726
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
-
Continental Garden Apartments Apartment Complex
-
Palm Springs Public Library Public Library Library
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.94M
Blend (final)
Blend
$4.80M
Owner & transaction history
610 Investments 24 2 LLC · 1 yrs held
610 Investments 24 2 LLC
since 2024
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
R2 · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
$4,800,000
ML approach
$4,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.80M
Range $4.32M – $5.28M · ±10% · vs last sale $4.80M (Sep 5 2024)
Last sale anchor
$4.80M
Sep 5 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
$167 / 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
$31,084
Tax year 2024
Assessed value
$1,891,101
Assessed 2024
Previous assessed
$1,891,101
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$427,266
Assessed improvement
$1,463,835
Applied tax rate
11.0000
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Units
32
Total area
28,699 SF
Lot
0.8 ac (34,848 SF)
Zoning code
R2
APN
502-022-004
UPID
US09-7325726
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Palm Springs, CA
Zoning R2 · permitted uses
R2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
2
Units
32
Lot
0.8 ac
Current owner
From public records · entity-resolved
610 Investments 24 2 LLC
Entity
Mailing address
610 N SANTA ANITA AVE #490, ARCADIA, CA 91006-2722
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2025
—
610 Investments 24 2 LLC
—
Deed
related
$2,870,000 · First Citizens Bank & Trust Co
Sep 5, 2024
$4,800,000
610 Investments 24 2 LLC
Continental Gardens Associates LLC
Grant Deed
—
Oct 14, 2020
—
Continental Gardens Associates LLC
—
Deed
related
$1,700,000 · Bmo Harris Bank NA
Jun 12, 2015
—
Continental Gardens Associates LLC
Continental Gardens Associates LLC
Intrafamily Transfer
related
$1,800,000 · Cathay Bank
Jan 21, 1999
$1,230,000
Continental Gardens Associates
Fnb Real Estate Corp
Grant Deed
$951,000 · Wells Fargo Bank
Jun 2, 1998
$882,024
Fnb Real Estate Corp
Buhl,thomas L & Rita R
Trustees Deed
—
Sep 1, 1990
$1,421,000
Jose M Casillas
Unknown
Grant Deed
—
—
—
Continental Gardens Assoc LLC
—
Deed Of Trust
related
$1,350,000 · Washington Mutual Fsb
—
—
James R Slatton
—
Deed Of Trust
related
$150,000 · Farmers & Merchants Bk Lng Bch
—
—
Continental Gardens Assocs LLC
—
Deed Of Trust
related
$1,200,000 · Industrial Alliance Pacific In
—
—
Continental Gardens Assocs LLC
—
Deed Of Trust
related
$1,100,000 · Vinton H & Amelia J Sommerville
—
—
Continental Gardens Assocs LLC
—
Deed Of Trust
related
$1,850,000 · Sterling 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.
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