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Property profile & analytics
OFF-MARKET
Estimated value
$5,080,000
Apartment buildings
45325 Panorama Dr Palm Desert, CA 92260-4432
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2151437
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
2,657 SF
Lot
1.54 ac (67,082 SF)
Zoning code
R3
APN
625-141-010
UPID
US09-2151437
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
$5.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$5.08M
Owner & transaction history
Foothill Vista Apartments LP · 5 yrs held
Foothill Vista Apartments LP
since 2021
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
R3 · Palm Desert, 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 Palm Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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
$5,255,000
ML approach
$5,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.08M
Range $4.57M – $5.59M · ±10% · vs last sale $4.93M (Jul 2 2021)
Last sale anchor
$4.93M
Jul 2 2021
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
$1,912 / 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
$64,012
Tax year 2024
Assessed value
$5,183,970
Assessed 2024
Previous assessed
$5,183,970
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,503,378
Assessed improvement
$3,680,592
Applied tax rate
18.0000
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
1961
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
7
Bathrooms
2
Total area
2,657 SF
Lot
1.54 ac (67,082 SF)
Zoning code
R3
APN
625-141-010
UPID
US09-2151437
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Desert, CA
Zoning R3 · permitted uses
R3 · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
7
Bathrooms
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
Foothill Vista Apartments LP
Entity
Mailing address
425 N WHISMAN RD STE #600, MOUNTAIN VIEW, CA 94043-5733
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$4,925,000
Foothill Vista Apartments LP
Investment Property Exchange Svcs I
Grant Deed
$2,620,000 · Luther Burbank Savings
Apr 6, 2017
$2,573,000
Rpm Rentals LLC
Benezra Victor Trust
Grant Deed
$1,800,000 · Northern Tr
Oct 2, 2012
—
Benezra Victor Trust
Juhpa Properties
Grant Deed
—
Mar 30, 2010
—
Juhpa Properties
Benezra Victor Trust
Grant Deed
related
—
May 30, 2008
—
Victor D Benezra
Benezra,victor
Quit Claim Deed
related
—
Jun 25, 1993
—
Victor Benezra
Coast Federal Ba
Grant Deed
$635,000 · Coast Federal Bank
Apr 7, 1993
$850,000
Coast Federal Bank
Bosse,erika
Trustees Deed
related
—
Jul 1, 1990
$3,000
Nassif Gobrial
Bosse Erika
Grant Deed
related
—
Sep 1, 1988
$1,411,000
Erika Bosse
Palm Desert 32
Trustees Deed
—
—
—
Victor Benezra
—
Deed Of Trust
related
$125,000 · Socal Mortgage INC
—
—
Victor Benezra
—
Deed Of Trust
related
$900,000 · Washington Mutual Fsb
—
—
Victor Benezra
—
Deed Of Trust
related
$65,000 · Sbns-bl Trust
—
—
Victor Beaezra
—
Deed Of Trust
related
$25,500 · Paul R Briles INC
—
—
Victor Benezra
—
Deed Of Trust
related
$65,000 · Sbns-bl Trust
—
—
Erika Bosse
—
Deed Of Trust
related
$1,111,000 · Coast Federal Bank
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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