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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Apartment buildings
531 F St Wasco, CA 93280-2015
Trust Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-3778346
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1937
Construction
WOOD
Total area
3,820 SF
Lot
0.26 ac (11,325 SF)
Zoning code
NC
APN
030-110-04-00-3
UPID
US09-3778346
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
by Request
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$339k
Blend (final)
Blend
$520k
Owner & transaction history
Valdez Family Trust · 19 yrs held
Valdez Family Trust
since 2007
7 recorded transactions
Zoning & alternative use
NC · Wasco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$805,000
+41.4%
Office building
$740,000
+30.0%
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 Wasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wasco 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%
$735,000
6.5%
$675,000
7%
$630,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$570,000
Current use
MEDICAL BUILDING
$805,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$740,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$530,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$136 / 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
$7,315
Tax year 2023
Assessed value
$579,480
Assessed 2023
Previous assessed
$579,480
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$96,574
Assessed improvement
$482,906
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 (5+ UNITS)
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
GAS
Cooling
EVAPORATIVE
Stories
1
Units
5
Bathrooms
4
Total area
3,820 SF
Lot
0.26 ac (11,325 SF)
Zoning code
NC
APN
030-110-04-00-3
UPID
US09-3778346
Jurisdiction
KERN
Zoning & alternative use
NC · Wasco, CA
Zoning NC · permitted uses
NC · Wasco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wasco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$570,000
MEDICAL BUILDING
Est. value
$805,000
OFFICE BUILDING
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$530,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1937
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
1
Units
5
Bathrooms
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
Valdez Family Trust
Trust
Mailing address
512 DAVIES CT, BAKERSFIELD, CA 93309-1405
Ownership since
2007
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
Jun 28, 2007
$260,040
Valdez Family Trust
American Trust Deed Svcs Corp
Trustees Deed
related
—
Apr 21, 2006
—
Yanette R Pacheco
—
Trustees Deed
related
$38,000 · Ramiro Carbajal
Apr 18, 2006
—
Yannette R Pacheco
Carrera,irma
Grant Deed
—
Mar 29, 2006
$310,000
Irma Carrera
Garza,osiel G
Grant Deed
$220,000 · Barry Cooper & Charles Fox Ps
Jan 29, 2003
$29,000
Osiel G Garza
Lara,ruperto & Leticia
Grant Deed
related
—
Dec 23, 1997
$123,000
Julia V Franshaw Estate
Herrera,clovis P & Bertha L
Quit Claim Deed
related
—
—
—
Osiel G Garza
—
Deed Of Trust
related
$146,000 · Elmer F Karpe INC
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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