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Property profile & analytics
OFF-MARKET
Apartment buildings
608 7th Ave Delano, CA 93215-2733
Trust Owned
5-yr Hold
Property ID
US10-3177977
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Construction
WOOD
Total area
2,343 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CC
APN
038-090-18-00-5
UPID
US10-3177977
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Serrano Family Trust · 5 yrs held
Serrano Family Trust
since 2020
Last sale
$132,500
7 recorded transactions
Zoning & alternative use
CC · Delano, 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 Delano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delano 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
$3,643
Tax year 2023
Assessed value
$181,051
Assessed 2023
Previous assessed
$181,051
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$27,320
Assessed improvement
$153,731
Applied tax rate
2.0000
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
1930
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
6
Total area
2,343 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CC
APN
038-090-18-00-5
UPID
US10-3177977
Jurisdiction
KERN
Zoning & alternative use
CC · Delano, CA
Zoning CC · permitted uses
CC · Delano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Delano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
6
Lot
0.17 ac
Current owner
From public records · entity-resolved
Serrano Family Trust
Trust
Mailing address
1945 VAL VERDE LN, DELANO, CA 93215-2559
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Julian Serrano
—
Deed
related
$450,000 · Skyline Financial Lending Corp
Nov 2, 2020
—
Julian Serrano
—
Deed
related
$66,500 · Jared Cope
Sep 18, 2020
—
Serrano Family Trust
Julian Serrano
Quit Claim Deed
related
—
Jan 27, 2004
$132,500
Julian Serrano
Zaragoza,vincent M
Grant Deed
$100,000 · Vincent M Zaragoza
Jan 27, 2004
—
Vincent M Zaragoza
Zaragoza,tr
Quit Claim Deed
related
—
Apr 14, 2000
$10,262
Zaragoza Trust
Duran,juan & Teresa
Trustees Deed
—
Apr 1, 1994
$105,000
Juan Duran
Zaragoza Trust
Grant Deed
$90,000 · Seller
—
—
Julian Serrano
—
Deed Of Trust
related
$66,500 · Jared Cope
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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