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Property profile & analytics
OFF-MARKET
Assisted living facilities
38518 5th E St Palmdale, CA 93550-3736
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6374680
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1956
Construction
WOOD
Total area
6,242 SF
Lot
0.5 ac (21,883 SF)
Zoning code
PDR3
APN
3008-013-047
UPID
US09-6374680
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
Advancing Communities Together · 8 yrs held
Advancing Communities Together
since 2018
7 recorded transactions
Zoning & alternative use
PDR3 · Palmdale, 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 Palmdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmdale 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
$21,052
Tax year 2024
Assessed value
$1,182,447
Assessed 2024
Previous assessed
$1,182,447
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$669,310
Assessed improvement
$513,137
Applied tax rate
17.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
6,242 SF
Lot
0.5 ac (21,883 SF)
Zoning code
PDR3
APN
3008-013-047
UPID
US09-6374680
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDR3 · Palmdale, CA
Zoning PDR3 · permitted uses
PDR3 · Palmdale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Advancing Communities Together
Individual
Free & Clear · 8 yrs held
Mailing address
38626 9TH ST E, PALMDALE, CA 93550-2906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2018
—
Advancing Communities Together
Paving The Way Foundation
Grant Deed
—
Mar 29, 2018
—
Paving Way Foundation
—
Deed
related
$250,000 · Housing Authority/city/palmdal
Jun 17, 2011
$120,000
Paving Way Foundation
Nevarez,jose
Grant Deed
$250,000 · Community Redev Agcy City Palm
Mar 15, 2010
$81,500
Jose Nevarez
Dlj Mtg Cap INC
Grant Deed
—
Sep 15, 2009
$460,118
Dlj Mtg Cap INC
National Default Servicing
Trustees Deed
related
—
Jan 30, 2007
—
Harold W Johnson
Johnson,harold W
Quit Claim Deed
related
—
Jan 30, 2007
$575,000
Marc Johnson
Johnson,harold W
Grant Deed
related
$460,000 · Metrocities Mortgage LLC
Mar 22, 2006
—
Harold W Johnson
Johnson,harold W
Quit Claim Deed
related
—
Feb 23, 2005
—
Harold W Johnson
Johnson,harold W
Quit Claim Deed
related
$250,000 · Tp Empire Trust
Jan 12, 1998
$105,000
Harold W Johnson
Nmc LP
Grant Deed
$100,000 · Seller
Nov 3, 1997
$138,081
LP I Nmc
Kaye,jerry & Myrna
Trustees Deed
—
Sep 9, 1994
—
Alegres Board
—
Deed Of Trust
related
—
Jul 26, 1994
—
Alegres Board
—
Deed Of Trust
related
—
—
—
Paving Way Foundation
—
Deed Of Trust
related
$160,000 · City Of Palmdale
—
—
Paving Way Foundation
—
Loan Modification
related
$250,000 · Housing Authority/city/palmdal
—
—
Paving Way Foundation
—
Loan Modification
related
$250,000 · Housing Authority/city/palmdal
—
—
Paving Way Foundation
—
Loan Modification
related
$400,000 · Housing Authority/city/palmdal
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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