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Property profile & analytics
OFF-MARKET
Estimated value
$5,500,000
Apartment buildings
40255 Harris Ln 105 Palm Desert, CA 92211-6260
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2807632
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1981
Construction
WOOD
Total area
1,015 SF
Lot
0.01 ac (563 SF)
Zoning code
R3
APN
632-071-019
UPID
US10-2807632
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
$5.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.50M
Owner & transaction history
Monta Vista Townhomes Company LP · 1 yrs held
Monta Vista Townhomes Company LP
since 2024
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
R3 · Palm Desert, 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 Palm Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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
$5,500,000
ML approach
$5,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.50M
Range $4.95M – $6.05M · ±10% · vs last sale $5.50M (Dec 17 2024)
Last sale anchor
$5.50M
Dec 17 2024
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
$5,419 / 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
$3,112
Tax year 2024
Assessed value
$217,831
Assessed 2024
Previous assessed
$217,831
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$57,218
Assessed improvement
$160,613
Applied tax rate
18.0000
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
1981
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
1
Total area
1,015 SF
Lot
0.01 ac (563 SF)
Zoning code
R3
APN
632-071-019
UPID
US10-2807632
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Desert, CA
Zoning R3 · permitted uses
R3 · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Bathrooms
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Monta Vista Townhomes Company LP
Entity
Free & Clear · 1 yrs held
Mailing address
11301 W OLYMPIC BLVD #840, LOS ANGELES, CA 90064-1653
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2024
$5,500,000
Monta Vista Townhomes Company LP
Efraim Donitz
Grant Deed
—
Apr 19, 2023
—
Glenview Elmdale LLC
—
Deed
related
$3,300,000 · Pacific Premier Bank
Jul 6, 2021
$5,025,000
Glenview Elmdale LLC
Keenan Real Estate LLC
Grant Deed
$3,150,000 · Pacific Premier Bank
Apr 19, 2018
$4,500,000
Keenan Real Estate LLC
Goldenberry III LLC
Grant Deed
—
Nov 1, 2017
—
Goldenberry III LLC
—
Deed
related
—
Aug 7, 2017
—
Goldenberry III LLC
Goldenberry I LLC
Quit Claim Deed
—
Jan 9, 2017
$4,300,000
Willowbrook Of Pedro St LLC
Starcrest Us LP
Grant Deed
—
Jun 26, 2009
$73,500
Rosenblum,craig S
Fannie Mae
Grant Deed
—
Dec 19, 2008
$321,273
Fannie,mae
Ndex West LLC
Foreclosure
related
—
Jul 5, 2007
$375,000
Kelly Hill
Monta Vista LLC
Grant Deed
$375,000 · Indymac Bank Fsb
—
—
Starcrest Us LP
—
Deed Of Trust
related
$1,810,000 · Rabobank
—
—
Goldenberry III LLC
—
Loan Modification
related
—
—
—
Goldenberry III LLC
—
Loan Modification
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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