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Property profile & analytics
OFF-MARKET
Apartment buildings
501 Ridgecrest Blvd Ridgecrest, CA 93555-3958
Entity Owned
~
Est. High Equity
Property ID
US09-1127814
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
5,626 SF
Lot
0.09 ac (3,920 SF)
Zoning code
R-4
APN
080-041-01-00-6
UPID
US09-1127814
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
-
Warren's Automotive Auto Repair Shop
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
Southern Sierra LLC
Southern Sierra LLC
since 2026
Last sale
$480,000
7 recorded transactions
Zoning & alternative use
R-4 · Ridgecrest, 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 Ridgecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgecrest 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,529
Tax year 2023
Assessed value
$504,564
Assessed 2023
Previous assessed
$504,564
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$5,255
Assessed improvement
$499,309
Applied tax rate
10.0000
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
1978
Construction
WOOD
Heating
NONE
Stories
2
Units
9
Total area
5,626 SF
Lot
0.09 ac (3,920 SF)
Zoning code
R-4
APN
080-041-01-00-6
UPID
US09-1127814
Jurisdiction
KERN
Zoning & alternative use
R-4 · Ridgecrest, CA
Zoning R-4 · permitted uses
R-4 · Ridgecrest, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgecrest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
NONE
Stories
2
Units
9
Lot
0.09 ac
Current owner
From public records · entity-resolved
Southern Sierra LLC
Entity
Mailing address
112 W SMOKE TREE AVE, RIDGECREST, CA 93555-7700
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
$300,000
Southern Sierra LLC
China Lake Blvd Preservation Trust
Grant Deed
—
Dec 23, 2024
—
Blair Zurn
Blair Zurn
Deed
related
$250,000 · David Pearson Etux
May 28, 2024
—
Zurn Family Trust
Blair Zurn
Intrafamily Transfer
related
—
May 15, 2020
$480,000
Evan Zurn
Pepar Homes LLC
Grant Deed
—
May 15, 2020
—
Blair Zurn
Pamela Zurn
Quit Claim Deed
related
—
Dec 26, 2018
—
Patricia St. Clair
Chester W St. Clair
Deed
related
—
Dec 6, 2018
—
Patricia St. Clair
Helen P Hildreth
Deed
related
—
Dec 6, 2018
$300,000
Blvd China L Preservation Trust
Patricia St. Clair
Grant Deed
$250,000 · Patricia St Clair
May 24, 2017
—
Pepar Homes LLC
—
Deed
related
$300,000 · Us Bank NA
Feb 27, 2017
$390,000
Pepar Homes LLC
Resources LLC
Grant Deed
—
Sep 25, 2015
$295,000
Resources LLC
Tharp Family Trust
Grant Deed
—
Oct 30, 2014
—
Regier,diana Tr
Tharp,betty J & Clifford P
Affidavit Of Death
related
—
Nov 21, 2000
$125,000
Tharp Trust
Farrell,thomas B & Victoria L
Grant Deed
—
Oct 2, 1998
$40,000
Thomas B Farrell
Ferris,jeffrey D & Michelle L
Grant Deed
related
—
Sep 25, 1998
$40,000
Jeffrey D Ferris
Farrell Trust
Grant Deed
related
—
Oct 10, 1997
—
Farrell Trust
Haberman,joe R & Maryann
Grant Deed
related
—
Jun 29, 1994
$115,000
Joe R Haberman
Great Western Ba
Grant Deed
$86,250 · Great Western Bank
Nov 11, 1993
$167,359
Great Western Bank
Verano,sigifredo
Trustees Deed
related
—
—
—
Joe R Haberman
—
Deed Of Trust
related
$100,000 · Individual
—
—
Joe R Haberman
—
Deed Of Trust
related
$40,000 · Thomas B Farrell Pst
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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