Back to Search
Property profile & analytics
FOR SALE
Apartment buildings
44751 Fern Ave Lancaster, CA 93534
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-6920480
For Sale
1 / 13
$1,375,000
44751 Fern Ave, Lancaster, CA 93534
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
WOOD
Total area
5,050 SF
Lot
0.28 ac (12,293 SF)
Zoning code
LRR2*
APN
3133-011-033
UPID
US09-6920480
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
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
Juan C Chiron · 4 yrs held
Juan C Chiron
since 2022
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
LRR2* · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$605,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $775k (May 12 2022)
Last sale anchor
$775k
May 12 2022
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
$137 / 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
$14,458
Tax year 2024
Assessed value
$864,523
Assessed 2024
Previous assessed
$864,523
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$129,398
Assessed improvement
$735,125
Applied tax rate
5.0000
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
For Sale
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
7
Bathrooms
7
Total area
5,050 SF
Lot
0.28 ac (12,293 SF)
Zoning code
LRR2*
APN
3133-011-033
UPID
US09-6920480
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRR2* · Lancaster, CA
Zoning LRR2* · permitted uses
LRR2* · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
7
Bathrooms
7
Lot
0.28 ac
Current owner
From public records · entity-resolved
Juan C Chiron
Individual
Free & Clear · 4 yrs held
Mailing address
8246 PO BOX 5548TH AVE, WHITTIER, CA 90607-5548
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
—
Juan C Chiron
Juan C Chiron
Intrafamily Transfer
related
—
Oct 16, 2018
—
T,raul G Separate Property Trust
Godinez,raul
Quit Claim Deed
related
—
Apr 20, 2018
—
Phillip G Kincaid
Kincaid,gina L
Quit Claim Deed
related
—
Apr 20, 2018
$775,000
Juan C Chiron
Phillip G Kincaid
Grant Deed
$396,000 · Provident Savings Bank
Jul 13, 2017
—
Phillip G Kincaid
Kincaid,janie L
Quit Claim Deed
related
—
Apr 20, 1999
$195,000
Kincaid Trust
Morrison,larry E & Janet E
Grant Deed
$125,000 · First Valley National Bank
Jan 5, 1996
$105,000
Fidelity Thrift First
Bergher,dennis
Trustees Deed
related
—
Nov 28, 1990
$350,000
Bergher Dennis
Cosgrove Leonard
Trustees Deed
$227,500 · First Fidelity Thrift & Loan
—
—
Dennis Bergher
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
