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Property profile & analytics
OFF-MARKET
Estimated value
$13,435,000
Apartment buildings
46299 Arabia St Indio, CA 92201-5868
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2573149
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1965
Construction
WOOD
Total area
92,000 SF
Lot
8.84 ac (385,070 SF)
Zoning code
RO
APN
614-091-005
UPID
US10-2573149
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
Current use
Occupant on record · Public records
-
Mountain View Cottages Apartment Building
-
Primo Water Refill Big Box & Wholesale Store
-
Breeze Connects Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.44M
Owner & transaction history
Mountain View Cottages I LLC · 9 yrs held
Mountain View Cottages I LLC
since 2017
7 recorded transactions
Zoning & alternative use
RO · Indio, 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 Indio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indio 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
$146 / 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
$208,765
Tax year 2024
Assessed value
$11,840,049
Assessed 2024
Previous assessed
$11,840,049
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$3,641,050
Assessed improvement
$8,198,999
Applied tax rate
7.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
92,000 SF
Lot
8.84 ac (385,070 SF)
Zoning code
RO
APN
614-091-005
UPID
US10-2573149
Jurisdiction
RIVERSIDE
Zoning & alternative use
RO · Indio, CA
Zoning RO · permitted uses
RO · Indio, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indio. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
8.84 ac
Current owner
From public records · entity-resolved
Mountain View Cottages I LLC
Entity
Mailing address
1001 NEWBURY RD, THOUSAND OAKS, CA 91320-6434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Dec 20, 2024
—
Mountain View Cottages I LLC
—
Deed
related
$2,291,000 · Walker & Dunlop LLC
Apr 1, 2024
—
Mountain View Cottages I LLC
—
Deed
related
$10,815,000 · Walker & Dunlop LLC
Mar 31, 2017
$15,488,000
Mountain View Cottages I LLC
Pi Properties 119 LLC
Trustees Deed
$10,568,000 · Berkeley Point Cap
Oct 30, 2015
$13,300,000
Pi Properties No 119 LLC
Arabia Homes LLC
Grant Deed
$10,640,000 · Walker & Dunlop
Feb 1, 1989
—
Rpm Inv INC
Vip Equity Corp
Trustees Deed
related
—
Feb 1, 1989
$818,181
Johannsen Robert
Rpm Inv INC
Trustees Deed
related
$2,996,877 · Rpm Investment INC
Nov 1, 1988
$213,636
Kazem Vakili
Ikezawa Shahin D
Quit Claim Deed
related
$3,000,000 · Gibraltar Savings Bank Fsb
Nov 1, 1988
—
Kazen Vakili
Web Service Co
Quit Claim Deed
related
—
—
—
Vip Equity Corp
—
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.
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