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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Apartment buildings
3131 Sierra Hwy Rosamond, CA 93560-7350
Entity Owned
11-yr Hold
Free & Clear
Property ID
US09-3160715
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1995
Construction
WOOD
Total area
21,754 SF
Lot
2.55 ac (111,077 SF)
Zoning code
R-3 PD FPS
APN
251-050-28-00-7
UPID
US09-3160715
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$2.55M
Owner & transaction history
Rosamond Hills INC · 11 yrs held
Rosamond Hills INC
since 2015
2 recorded transactions
Zoning & alternative use
R-3 PD FPS · Rosamond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.2M
+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 Rosamond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosamond 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)
$3,240,000
Current use
OFFICE BUILDING
$4,215,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,020,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,760,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$2,735,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±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
$117 / 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
$4,386
Tax year 2023
Assessed value
$2,107,664
Assessed 2023
Previous assessed
$2,107,664
+0.0% YoY
Effective rate
0.21%
On assessed value
Assessed land
$202,562
Assessed improvement
$1,905,102
Applied tax rate
119.0000
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
1995
Construction
WOOD
Heating
BASEBOARD
Cooling
YES
Stories
1
Units
32
Total area
21,754 SF
Lot
2.55 ac (111,077 SF)
Zoning code
R-3 PD FPS
APN
251-050-28-00-7
UPID
US09-3160715
Jurisdiction
KERN
Zoning & alternative use
R-3 PD FPS · Rosamond, CA
Zoning R-3 PD FPS · permitted uses
R-3 PD FPS · Rosamond, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rosamond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.2M
OFFICE BUILDING
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1995
Construction
WOOD
Heating
BASEBOARD
Cooling
Yes
Stories
1
Units
32
Lot
2.55 ac
Current owner
From public records · entity-resolved
Rosamond Hills INC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 55, ROSAMOND, CA 93560-0055
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2015
—
Rosamond Hills INC
Rosamond Hills Apts Phase II
Quit Claim Deed
—
Mar 3, 1994
$124,000
Rosamond Hills Apts Phase II
Rosamond Hills
Grant Deed
related
$1,406,000 · Midland Mortgage 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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