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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Apartment buildings
312 Sunset St Ridgecrest, CA 93555-4521
Trust Owned
~
Est. High Equity
Property ID
US09-0411356
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Construction
WOOD
Total area
4,233 SF
Lot
0.43 ac (18,730 SF)
Zoning code
R-2
APN
477-060-38-00-5
UPID
US09-0411356
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$361k
Blend (final)
Blend
$535k
Owner & transaction history
Sylvia Ann Barnes Trust
Sylvia Ann Barnes Trust
since 2025
Last sale
$570,000
7 recorded transactions
Zoning & alternative use
R-2 · Ridgecrest, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$820,000
+30.0%
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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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
$505,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$630,000
Current use
OFFICE BUILDING
$820,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$585,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$535,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $570k (Mar 8 2022)
Last sale anchor
$570k
Mar 8 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
$126 / 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
$10,046
Tax year 2023
Assessed value
$581,400
Assessed 2023
Previous assessed
$581,400
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$61,200
Assessed improvement
$520,200
Applied tax rate
10.0000
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
1968
Construction
WOOD
Heating
GAS
Cooling
EVAPORATIVE
Stories
1
Units
8
Total area
4,233 SF
Lot
0.43 ac (18,730 SF)
Zoning code
R-2
APN
477-060-38-00-5
UPID
US09-0411356
Jurisdiction
KERN
Zoning & alternative use
R-2 · Ridgecrest, CA
Zoning R-2 · permitted uses
R-2 · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$585,000
RETAIL STORES
Est. value
$535,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1968
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Units
8
Lot
0.43 ac
Current owner
From public records · entity-resolved
Sylvia Ann Barnes Trust
Trust
Mailing address
80394 AVE 48TH RD, INDIO, CA 92201-6508
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2025
—
Sylvia Ann Barnes Trust
Sylvia Barnes
Deed
related
—
Mar 8, 2022
$570,000
Richard Barnes
Jacobs 8 Plex LLC
Grant Deed
$248,000 · Jacobs 8 Plex LLC
Oct 3, 2018
—
Jacobs 8plex LLC
Jacobs,timothy
Quit Claim Deed
related
—
Jul 31, 2017
—
Timothy Jacobs
—
Deed
related
$225,000 · Altaone FCU
Feb 17, 2017
—
Timothy Jacobs
Tnt Western Homes INC
Grant Deed
—
Mar 11, 2016
—
Tnt Western Homes INC
Jacobs,teresa
Quit Claim Deed
—
Dec 13, 2013
—
Teresa Jacobs
Jacobs,gary
Quit Claim Deed
related
—
Dec 13, 2013
$30,000
Timothy Jacobs
Kuremsky,lachrasha
Grant Deed
$23,000 · Lachrasha Kuremsky
Jul 20, 2004
—
Thomas Kuremsky
Kuremsky,thomas & Lachrasha
Quit Claim Deed
related
$100,000 · East West Bank
Feb 22, 2002
$10,500
Thomas Kuremsky
Verdugo,barney & Johnita
Grant Deed
related
—
Feb 22, 2000
$87,500
Barney Verdugo
Floyd,charles R & Laura P
Grant Deed
$72,500 · Seller
Dec 11, 1997
$58,500
Perez,jose R & Esperanza
Ba Properties INC
Trustees Deed
$55,325 · Guild Mortgage Co
Dec 11, 1997
—
Ba Properties INC
Veterans Administration
Trustees Deed
related
—
Jan 31, 1997
$127,886
Ba Properties INC
Tharp,lyndle L & Carol J
Trustees Deed
—
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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