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Property profile & analytics
FOR LEASE
Investment properties
641 N Palm Canyon Dr Palm Springs, CA 92262
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-3126994
For Lease
1 / 4
$1,070,000
641 N Palm Canyon Dr, Palm Springs, CA 92262
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1949
Construction
WOOD
Total area
5,735 SF
Lot
1.29 ac (56,192 SF)
Zoning code
C1AA
APN
505-302-006
UPID
US10-3126994
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
-
Perry's Fine Wines & Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
641 Apartments Apartment Complex
-
Villa Soleil Apartments Hotel & Motel Resort
-
TAKA SHIN Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Palm Canyon Resorts LLC · 5 yrs held
Palm Canyon Resorts LLC
since 2021
7 recorded transactions
Zoning & alternative use
C1AA · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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%
$885,000
6.5%
$815,000
7%
$760,000
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$187 / 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
$66,879
Tax year 2024
Assessed value
$4,565,812
Assessed 2024
Previous assessed
$4,565,812
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,207,277
Assessed improvement
$3,358,535
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1949
Construction
WOOD
Heating
NONE
Buildings
4
Stories
2
Units
4
Total area
5,735 SF
Lot
1.29 ac (56,192 SF)
Zoning code
C1AA
APN
505-302-006
UPID
US10-3126994
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1AA · Palm Springs, CA
Zoning C1AA · permitted uses
C1AA · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
NONE
Stories
2
Buildings
4
Units
4
Lot
1.29 ac
Current owner
From public records · entity-resolved
Palm Canyon Resorts LLC
Entity
Mailing address
PO BOX 480425, LOS ANGELES, CA 90048-1425
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2021
—
Palm Canyon Resorts LLC
Palm Canyon Resorts LLC
Intrafamily Transfer
related
—
Nov 30, 2016
—
Palm Canyon Resorts LLC
—
Deed
related
$1,720,000 · Banc Of California NA
Nov 6, 2012
—
Palm Canyon Resorts LLC
Volgarino Living Trust
Grant Deed
$1,925,000 · Deutsche Bank 2005-4 (te)
Mar 12, 2012
—
Volgarino Living Trust
Volgarino,william
Quit Claim Deed
related
—
Jan 13, 2006
$1,841,500
Park Center Exchange I LLC
Guymar Mgmt Co & Invs LLC
Grant Deed
—
Mar 30, 2005
—
Guymar Management Co & Investments
Guyrun Amirghan
Grant Deed
$1,925,000 · Impac Multifamily Capital Corp
Mar 4, 2005
—
Guymar Mgmt Co & Invs LLC
Amirghan,guyrun & Marbee
Quit Claim Deed
related
—
Jul 24, 1995
$275,000
Guyrun Amirghan
Bescos,paul
Grant Deed
$40,000 · Seller
Dec 23, 1993
$530,000
Paul Bescos
First Nationwide
Grant Deed
—
Aug 7, 1992
$1,135,402
First Nationwide Bank
Burnham,robert L
Trustees Deed
related
—
Jan 1, 1990
—
Pomona First Fed
Burnham Robert L
Trustees Deed
related
—
—
—
Robert L Burnham
—
Deed Of Trust
related
$1,040,000 · First Nationwide Bank
—
—
Guyrun Amirghan
—
Deed Of Trust
related
$500,000 · Valley Independent Bank
—
—
Guyrun Amirghan
—
Deed Of Trust
related
$825,000 · La Jolla Savings Bank
—
—
Robert L Burnham
—
Deed Of Trust
related
$165,000 · Cascade Acceptance
—
—
Guyrun Amirghan
—
Deed Of Trust
related
$157,678 · Individual
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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