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Property profile & analytics
OFF-MARKET
Apartment buildings
3460 Wls Rd Blythe, CA 92225
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1028272
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
1,176 SF
Lot
1.47 ac (64,033 SF)
Zoning code
R1
APN
821-170-010
UPID
US09-1028272
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thomas M Farrage JR · 10 yrs held
Thomas M Farrage JR
since 2016
6 recorded transactions
Zoning & alternative use
R1 · Blythe, 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 Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,102
Tax year 2024
Assessed value
$99,367
Assessed 2024
Previous assessed
$99,367
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$21,285
Assessed improvement
$78,082
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
Buildings
2
Stories
1
Units
2
Total area
1,176 SF
Lot
1.47 ac (64,033 SF)
Zoning code
R1
APN
821-170-010
UPID
US09-1028272
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Blythe, CAZoning R1 · permitted uses
R1 · Blythe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
1.47 ac
Current owner
From public records · entity-resolved
Thomas M Farrage JR
Individual
Free & Clear · 10 yrs held
Mailing address
5876 SMILEY DR, CULVER CITY, CA 90232-7318
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2016
$120,000
Thomas M Farrage JR
Farrage Family Trust
Grant Deed
related
—
Sep 4, 2014
—
Farrage Family Trust
Farrage,thomas M & Gladys M
Quit Claim Deed
related
—
Dec 30, 2013
—
Farrage Gladys M
Farrace,thomas M
Affidavit Of Death
related
—
Sep 20, 2002
$70,000
Farrage,tr
Bankers,tr
Grant Deed
—
May 28, 2002
$70,000
Bankers Trust Co Trustee
Slater,roger C & Judy A
Trustees Deed
related
—
—
—
Roger C Slater
—
Deed Of Trust
related
$254,785 · Advanta Finance Corp
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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