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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Apartment buildings
507 Line St Bishop, CA 93514-3613
Entity Owned
~
Est. High Equity
Property ID
US09-3171701
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
WOOD
Total area
3,478 SF
Lot
0.35 ac (15,150 SF)
APN
001-150-28-00
UPID
US09-3171701
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Los Posos LLC
Los Posos LLC
since 2025
Last sale
$535,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$540,000
+140.9%
Auto repair, garage
$340,000
+51.9%
Warehouse, storage
$340,000
+51.7%
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 Bishop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bishop 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
$515,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$540,000
Change: +141% · Conversion: Moderate
AUTO REPAIR, GARAGE
$340,000
Change: +52% · Conversion: Difficult
WAREHOUSE, STORAGE
$340,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$330,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $535k (Sep 3 2021)
Last sale anchor
$535k
Sep 3 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
$151 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,363
Tax year 2023
Assessed value
$688,459
Assessed 2023
Previous assessed
$688,459
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$253,793
Assessed improvement
$434,666
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1977
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Rooms
5
Bathrooms
7
Total area
3,478 SF
Lot
0.35 ac (15,150 SF)
APN
001-150-28-00
UPID
US09-3171701
Jurisdiction
INYO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$340,000
WAREHOUSE, STORAGE
Est. value
$340,000
RETAIL STORES
Est. value
$330,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Rooms
5
Bathrooms
7
Lot
0.35 ac
Current owner
From public records · entity-resolved
Los Posos LLC
Entity
Mailing address
PO BOX 90362, HENDERSON, NV 89009-0362
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
$865,000
Los Posos LLC
The Laura Moran Revocable Living Tr
Grant Deed
$500,000 · Us Bank NA
Sep 3, 2021
—
Laura Moran
Laura Moran
Intrafamily Transfer
related
—
Aug 10, 2017
—
Laura Moran
Moran,elder R
Quit Claim Deed
related
$481,500 · Gutierrez Trust (pt)
Aug 10, 2017
$535,000
Robert C Holt
Gutierrez Trust
Grant Deed
—
May 16, 2011
—
Lorraine Judd
Judd,ted J
Affidavit Of Death
related
—
Jan 22, 1993
—
Gutierrez Trust 2/20/91|gutierrez,salomon & Ern
—
Grant Deed
related
—
Jun 29, 1989
—
—
—
Grant Deed
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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