Individually Owned Property summary
AI-generated overview
The property at 44408 & 44440 Acacia Drive in Palm Desert consists of two adjacent triplex buildings sold together as a single six-unit multifamily property. Each building contains three units that share access to a pool area and onsite laundry facilities, with ample parking provided. The six units share a consistent floor plan featuring two bedrooms and one bathroom per unit. The property has a lot size of 0.2 acres and approximately 5,040 square feet of building area. Renovations include updated interiors with new cabinetry, countertops, updated kitchens and baths, new flooring and baseboards, fresh interior paint, updated doors and hardware, improved lighting and fans, updated fixtures, and new appliances, along with the installation of tankless water heaters. Exterior work includes patched and painted surfaces, cleaned soffits, upgraded drought-friendly landscaping, rebuilt private patio fencing and gates, renovated storage closets, keyless entry, and enhanced pool and patio areas. A new roof was installed with a full tear-off, fresh underlayment, and sealed vents. The property is located near the College of the Desert and is within proximity to shopping, dining, golf, and major thoroughfares.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
2,590 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R1
APN
640-134-004
UPID
US09-3362475
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Theater & Performing Art Venue Nightclub
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$554k
Blend (final)
Blend
$805k
Owner & transaction history
since 2023
Last sale
$685,000
6 recorded transactions
Zoning & alternative use
R1 · Palm Desert, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$805k
Value range
$725k – $886k
±10% around blend
Estimated value / SF
$311 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
$725k
blend $805k
$886k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,590 SF
Lot area
0.2 ac
Year built
1966
Stories
1
APN
640-134-004
Zoning
R1
Assessed value
$685,633
Annual tax
$10,507
3
Income approach: direct capitalization
Partial preview
Income approach indication
$645k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$700k
@ 6.5% CAP return
$645k
@ 7% CAP return
$600k
4
Sales comparison
Partial preview
Sales approach indication
$943k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 3,322 SF
58.9 mi away · 3,016 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$805k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 36 sales
$630
-51%
Submarket 113 sales
$6,745
-95%
County 629 sales
$990
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $311/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.20%
Implied, in-place cap rate for this other apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.20%
9.0%
NOI (est.)
$48k *
Last sale · Dec 2023
$685k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$922k
Move the market yield to see immediate price impact.
Value / SF
$356
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.70%5.20%5.70%
$43k
$918k
$830k
$757k
$48k
$1.02M
$922k
$841k
$53k
$1.12M
$1.01M
$925k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.30M
9.1 mi · Feb 2026 · $388/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,507
Tax year 2024
Assessed value
$685,633
Assessed 2024
Previous assessed
$685,633
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$140,000
Assessed improvement
$545,633
Applied tax rate
18.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Total area
2,590 SF
Lot
0.2 ac (8,712 SF)
Zoning code
R1
APN
640-134-004
UPID
US09-3362475
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Palm Desert, CAZoning R1 · permitted uses
R1 · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Lot
0.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1
Jurisdiction
Palm Desert, CA
Recorded code
R1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R1 in Palm Desert, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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