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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Apartment buildings
32520 Shifting Sands Trl Cathedral City, CA 92234-9510
Entity Owned
5-yr Hold
Free & Clear
Property ID
US10-1994860
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
WOOD
Total area
2,702 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R204M
APN
680-231-030
UPID
US10-1994860
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
$760k
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$725k
Owner & transaction history
Showroom Properties INC · 5 yrs held
Showroom Properties INC
since 2020
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
R204M · Cathedral City, 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 Cathedral City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cathedral City 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
$760,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $600k (Dec 31 2020)
Last sale anchor
$600k
Dec 31 2020
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
$268 / 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
$13,055
Tax year 2024
Assessed value
$741,783
Assessed 2024
Previous assessed
$741,783
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$169,793
Assessed improvement
$571,990
Applied tax rate
19.0000
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
1987
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
2,702 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R204M
APN
680-231-030
UPID
US10-1994860
Jurisdiction
RIVERSIDE
Zoning & alternative use
R204M · Cathedral City, CA
Zoning R204M · permitted uses
R204M · Cathedral City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cathedral City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Showroom Properties INC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 1514, RANCHO MIRAGE, CA 92270-1049
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Showroom Properties INC
Sunshine 24/7 LLC
Quit Claim Deed
—
Sep 18, 2015
$600,000
John W Polster
Tyler Paula A Trust
Grant Deed
—
Mar 5, 2015
—
Tyler,paula A Trust
Persico Betty J Trust
Quit Claim Deed
related
—
Aug 17, 2012
$515,000
Persico Betty J Trust
Bardy,robert E & Wanda E
Grant Deed
—
Dec 23, 2005
$780,000
Robert Eric Bardy
Edward J Rush
Grant Deed
$500,000 · Luther Burbank Savings
Oct 8, 2004
$650,000
Edward J Rush
Quality Invs & Mgmt Svcs LLC
Grant Deed
$600,000 · Quality Invs & Mgmt Svcs LLC
Oct 8, 2004
—
Quality Invs & Mgmt Svcs LLC
Olsen,kenneth SR & Lucille
Quit Claim Deed
related
—
Nov 16, 2001
$380,000
Kenneth Olsen
Quality Investments & Mgmt
Grant Deed
$216,000 · Washington Mutual Fsb
May 25, 2001
$143,000
Quality Investments & Mgmt Svc
Kouri,john
Grant Deed
related
$47,000 · John
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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