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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Apartment buildings
41950 Hopewell Ave Bermuda Dunes, CA 92203-1678
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2656682
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
3,092 SF
Lot
0.86 ac (37,461 SF)
Zoning code
A2
APN
607-342-063
UPID
US09-2656682
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
$470k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$759k
Blend (final)
Blend
$665k
Owner & transaction history
Kin C Chan · 8 yrs held
Kin C Chan
since 2018
7 recorded transactions
Zoning & alternative use
A2 · 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
$470,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$215 / 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
$14,811
Tax year 2024
Assessed value
$1,005,096
Assessed 2024
Previous assessed
$1,005,096
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$278,770
Assessed improvement
$726,326
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 (5+ UNITS)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
3,092 SF
Lot
0.86 ac (37,461 SF)
Zoning code
A2
APN
607-342-063
UPID
US09-2656682
Jurisdiction
RIVERSIDE
Zoning & alternative use
A2 · Bermuda Dunes, CA
Zoning A2 · permitted uses
A2 · 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
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Kin C Chan
Individual
Free & Clear · 8 yrs held
Mailing address
818 SANTA FE AVE UNIT D, SAN GABRIEL, CA 91776-2778
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2018
—
Kin C Chan
Chan,kin C
Quit Claim Deed
related
—
May 14, 2008
—
Kin C Chan
Chan,chuen C
Quit Claim Deed
related
—
Dec 16, 2003
—
C Belknap General Contractor J
Belknap,tr
Quit Claim Deed
related
—
Apr 3, 2003
—
Belknap,tr
Belknap,james C & Jacquelyn
Quit Claim Deed
related
—
Apr 4, 2002
$413,000
James C Belknap
Parker,elmer E
Grant Deed
$309,750 · El Paseo Bank
Jul 28, 1999
$475,000
Elmer E Parker
Dotty,joseph B & Susan L
Grant Deed
—
Nov 22, 1995
$232,500
Joseph B Dotty
Anderson,jack & Marsha L
Grant Deed
—
Jun 1, 1990
$155,000
Anderson Jack
Tde INC
Grant 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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