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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Residential income homes
51075 Frederick St Coachella, CA 92236-9699
Entity Owned
9-yr Hold
Property ID
US09-3382486
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2000
Construction
WOOD
Total area
14,496 SF
Lot
6.13 ac (267,022 SF)
Zoning code
A1
APN
768-060-007
UPID
US09-3382486
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
-
Apartments Apartment Building
-
Las Palmas Apartments Apartment Complex Apartment Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.44M
Owner & transaction history
Las Palmas Coachella Ar LP · 9 yrs held
Las Palmas Coachella Ar LP
since 2016
5 recorded transactions
Zoning & alternative use
A1 · Coachella, 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 Coachella submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coachella 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±10%
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
$168 / 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
$4,600
Tax year 2024
Assessed value
$7,555,350
Assessed 2024
Previous assessed
$7,555,350
+0.0% YoY
Effective rate
0.06%
On assessed value
Assessed land
$1,317,624
Assessed improvement
$6,237,726
Applied tax rate
12.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Stories
2
Units
3
Total area
14,496 SF
Lot
6.13 ac (267,022 SF)
Zoning code
A1
APN
768-060-007
UPID
US09-3382486
Jurisdiction
RIVERSIDE
Zoning & alternative use
A1 · Coachella, CA
Zoning A1 · permitted uses
A1 · Coachella, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coachella. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
NONE
Stories
2
Units
3
Lot
6.13 ac
Current owner
From public records · entity-resolved
Las Palmas Coachella Ar LP
Entity
Mailing address
151 KALMUS DR STE J5, COSTA MESA, CA 92626-5974
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2016
$4,080,000
Las Palmas Coachella Ar LP
81 Las Palmas Apartments LP
Grant Deed
related
—
Sep 26, 2016
$4,080,000
Las Palmas Coachella Ar LP
81 Las Palmas Apartments LP
Grant Deed
$1,695,000 · Wilmington Tr
—
—
81 Las Palmas Apartments LP
—
Deed Of Trust
related
$1,535,000 · Pw Funding INC
—
—
Las Palmas Coachella Ar LP
—
Loan Modification
related
$350,000 · Golden St Fin
—
—
Las Palmas Coachella Ar LP
—
Loan Modification
related
$2,146,446 · 81 Las Palmas Apartments LP
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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