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Property profile & analytics
OFF-MARKET
Apartment buildings
424 George St, Banning, CA 92220-5676
Trust Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0792615
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
WOOD
Total area
397 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R1
APN
541-070-004
UPID
US09-0792615
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
Harrison Maritza Family Trust · 19 yrs held
Harrison Maritza Family Trust
since 2007
5 recorded transactions
Zoning & alternative use
R1 · Banning, 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 Banning submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Banning 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
$5,955
Tax year 2024
Assessed value
$148,571
Assessed 2024
Previous assessed
$148,571
+0.0% YoY
Effective rate
4.01%
On assessed value
Assessed land
$75,732
Assessed improvement
$72,839
Applied tax rate
1.0000
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
1949
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Units
3
Total area
397 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R1
APN
541-070-004
UPID
US09-0792615
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Banning, CA
Zoning R1 · permitted uses
R1 · Banning, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Banning. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
3
Lot
0.47 ac
Current owner
From public records · entity-resolved
Harrison Maritza Family Trust
Trust
Mailing address
24217 AMBERLEY DR, MORENO VALLEY, CA 92553-6244
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Jan 5, 2007
—
Harrison Maritza Family Trust
Harrison,maritza
Quit Claim Deed
related
—
Nov 2, 2006
—
Harrison Maritza Family Trust
Deras,matilde O
Grant Deed
$165,000 · Impac Lending Group
Sep 27, 2004
—
Matilde O Deras
Deras,matilde O
Quit Claim Deed
related
$143,000 · Ameriquest Mortgage Corp
May 7, 2002
$125,000
Matilde O Deras
Buchanan,earl
Grant Deed
$118,750 · Earl Buchanan
Aug 12, 1991
$60,000
Earl Buchanan
Rickey,evelyn
Grant Deed
$38,000 · Seller
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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