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Property profile & analytics
OFF-MARKET
Estimated value
$190,000
Apartment buildings
405 Dover Pl Delano, CA 93215-3423
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-2943355
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
1,935 SF
Lot
0.14 ac (6,098 SF)
Zoning code
R-1
APN
037-222-08-00-0
UPID
US10-2943355
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
$185k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$190k
Owner & transaction history
Villa,r & S Fam Trust · 6 yrs held
Villa,r & S Fam Trust
since 2020
Last sale
$165,000
5 recorded transactions
Zoning & alternative use
R-1 · Delano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ent CF Community Facilities H Airport Approach Height Combining DI Drilling Island PE Petroleum Extraction Combining SP Specific Plan AP Airport PA Park Residential Districts RA Residential Agricultural R-1 Single Family Residential R-2 Light Multiple Family Residential R-3 Multiple Family Residential Commercial Districts DC Downtown Commercial NC Neighborho…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
2,254.77 ac
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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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
$190,000
ML approach
$185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$190k
Range $171k – $209k · ±10% · vs last sale $165k (Jun 19 2020)
Last sale anchor
$165k
Jun 19 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
$98 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,131
Tax year 2023
Assessed value
$221,051
Assessed 2023
Previous assessed
$221,051
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$46,884
Assessed improvement
$174,167
Applied tax rate
2.0000
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
1962
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
5
Total area
1,935 SF
Lot
0.14 ac (6,098 SF)
Zoning code
R-1
APN
037-222-08-00-0
UPID
US10-2943355
Jurisdiction
KERN
Zoning & alternative use
R-1 · Delano, CAZoning R-1 · permitted uses
R-1 · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ent CF Community Facilities H Airport Approach Height Combining DI Drilling Island PE Petroleum Extraction Combining SP Specific Plan AP Airport PA Park Residential Districts RA Residential Agricultural R-1 Single Family Residential R-2 Light Multiple Family Residential R-3 Multiple Family Residential Commercial Districts DC Downtown Commercial NC Neighborhood Commercial GC General Commercial Employment Distr
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
2,254.77 ac
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Villa,r & S Fam Trust
Trust
Mailing address
1409 7TH PL, DELANO, CA 93215-3019
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2020
—
Villa,r & S Fam Trust
Roberto Villa
Quit Claim Deed
related
—
Jan 28, 2019
—
Roberto Villa
—
Deed
related
$54,200 · Wells Fargo Bank NA
Nov 4, 2004
$165,000
Roberto Villa
Frausto A T & V R Trust
Grant Deed
$110,000 · Frausto A T & V R Family Trust
Mar 7, 1995
—
Frausto Trust
Frausto,antonio T & Virginia R
Quit Claim Deed
related
—
—
—
Roberto Villa
—
Deed Of Trust
related
$178,125 · Commercial Capital
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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