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Property profile & analytics
OFF-MARKET
Estimated value
$10,460,000
Apartment buildings
3827 Conrad Dr Spring Valley, CA 91977-1425
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6604417
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
36,960 SF
Lot
1.05 ac (45,738 SF)
Zoning code
COMMERCIAL
APN
500-182-09-00
UPID
US09-6604417
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
$8.57M
CAP Approach
CAP
$9.45M
Comparable Approach
Comparable
$11.02M
Blend (final)
Blend
$10.46M
Owner & transaction history
Dmj Helix Square LLC · 3 yrs held
Dmj Helix Square LLC
since 2023
Last sale
$11.7M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Spring Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.1M
+67.8%
Office building
$13.3M
+58.5%
Warehouse, storage
$12.3M
+46.3%
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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Valley 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
$10,430,000
ML approach
$8,570,000
CAP Approach
CAP Return
Estimation
6%
$10,235,000
6.5%
$9,450,000
7%
$8,775,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,410,000
Current use
AUTO REPAIR, GARAGE
$14,110,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$13,325,000
Change: +58% · Conversion: Moderate
WAREHOUSE, STORAGE
$12,305,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$10.46M
Range $9.41M – $11.51M · ±10% · vs last sale $11.65M (Mar 30 2023)
Last sale anchor
$11.65M
Mar 30 2023
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
$283 / 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
$160,030
Tax year 2024
Assessed value
$11,883,000
Assessed 2024
Previous assessed
$11,883,000
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$5,304,000
Assessed improvement
$6,579,000
Applied tax rate
83.0000
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
1971
Heating
NONE
Units
44
Total area
36,960 SF
Lot
1.05 ac (45,738 SF)
Zoning code
COMMERCIAL
APN
500-182-09-00
UPID
US09-6604417
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Spring Valley, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Spring Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$8.4M
AUTO REPAIR, GARAGE
Est. value
$14.1M
OFFICE BUILDING
Est. value
$13.3M
WAREHOUSE, STORAGE
Est. value
$12.3M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1971
Heating
NONE
Units
44
Lot
1.05 ac
Current owner
From public records · entity-resolved
Dmj Helix Square LLC
Entity
Mailing address
6265 GREENWICH DR STE #135, SAN DIEGO, CA 92122-5954
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 30, 2023
$11,650,000
Dmj Helix Square LLC
North Star Homes LP
Grant Deed
$7,540,000 · First Republic Bank
Mar 30, 2023
—
Dmj Helix Square LLC
—
Deed
related
$7,540,000 · First Republic Bank
Jun 30, 2021
—
North Star Homes LP
—
Deed
related
$5,980,000 · First Republic Bank
May 17, 2021
$9,200,000
North Star Homes LP
Om Investment LLC
Grant Deed
—
May 3, 2018
$80,000
Om Investment LLC
M & M Property Management LLC
Quit Claim Deed
related
—
Dec 1, 2017
$8,000,000
Om Investment LLC
Cypress Santa Ana LLC
Grant Deed
$5,100,000 · Readycap Com'l
Dec 30, 2015
$6,900,000
Cypress Santa Ana LLC
Mg Helix Square Apartments LP
Grant Deed
$5,140,000 · Jpmorgan Chase Bank NA
May 20, 2009
—
Mg Helix Square Apartments
Helix Square Apartments LLC
Quit Claim Deed
$3,250,000 · Sovereign Bank
Jun 17, 1996
$1,300,000
California Fedl S Southern
Madori,susan E
Trustees Deed
related
—
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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