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Property profile & analytics
OFF-MARKET
Estimated value
$21,355,000
Apartment buildings
41500 Washington St Bermuda Dunes, CA 92203-9514
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2907406
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1991
Construction
WOOD
Total area
102,720 SF
Lot
9.02 ac (392,911 SF)
Zoning code
MIX
APN
607-431-001
UPID
US09-2907406
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
$25.58M
Comparable Approach
Comparable
$20.52M
Blend (final)
Blend
$21.36M
Owner & transaction history
Easthaven Ptshp LP · 15 yrs held
Easthaven Ptshp LP
since 2010
7 recorded transactions
Zoning & alternative use
MIX · Bermuda Dunes, 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 Bermuda Dunes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bermuda Dunes 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,710,000
6.5%
$25,580,000
7%
$23,755,000
Blend value · Realmo final
$21.36M
Range $19.22M – $23.49M · ±10%
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
$208 / 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
$189,156
Tax year 2024
Assessed value
$11,845,475
Assessed 2024
Previous assessed
$11,845,475
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$2,512,109
Assessed improvement
$9,333,366
Applied tax rate
75.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
102,720 SF
Lot
9.02 ac (392,911 SF)
Zoning code
MIX
APN
607-431-001
UPID
US09-2907406
Jurisdiction
RIVERSIDE
Zoning & alternative use
MIX · Bermuda Dunes, CA
Zoning MIX · permitted uses
MIX · Bermuda Dunes, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bermuda Dunes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
9.02 ac
Current owner
From public records · entity-resolved
Easthaven Ptshp LP
Entity
Free & Clear · 15 yrs held
Mailing address
1399 W COLTON AVE STE #5, REDLANDS, CA 92374-4536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
—
Easthaven Partnership LP
—
Deed
related
$4,900,000 · Wells Fargo Bank NA
Dec 28, 2010
—
Easthaven Ptshp LP
Easthaven Ptshp
Quit Claim Deed
—
Mar 29, 2010
—
Buster Family Trust
Buster Family Trust
Quit Claim Deed
$2,250,000 · Amerisphere Multifamily Finance LLC
Aug 31, 1998
—
William C Etal Buster
Buster,william C Etux
Quit Claim Deed
related
—
Nov 30, 1992
$5,100,000
William C Buster JR.
First Nationwide
Grant Deed
$3,300,000 · First Nationwide Bank
Feb 24, 1992
$5,486,245
Nationwide First
El Cajon Magnoli
Trustees Deed
related
—
—
—
El Cajon Magnoli
—
Deed Of Trust
related
$109,830 · Individual
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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