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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Apartment buildings
651 Beckes St E Wasco, CA 93280-1555
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3624057
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1982
Construction
WOOD
Total area
5,643 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R-2
APN
488-161-05-00-5
UPID
US09-3624057
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
$2.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Ss1jz LLC · 1 yrs held
Ss1jz LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
R-2 · Wasco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+131.5%
Restaurant
$1.8M
+108.0%
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
$2,120,000
ML approach
$2,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,945,000
Change: +131% · Conversion: Difficult
RESTAURANT
$1,750,000
Change: +108% · Conversion: Difficult
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.40M (Jan 28 2025)
Last sale anchor
$2.40M
Jan 28 2025
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
$401 / 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
$6,636
Tax year 2023
Assessed value
$507,194
Assessed 2023
Previous assessed
$507,194
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$117,565
Assessed improvement
$389,629
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
1982
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Units
6
Total area
5,643 SF
Lot
0.4 ac (17,424 SF)
Zoning code
R-2
APN
488-161-05-00-5
UPID
US09-3624057
Jurisdiction
KERN
Zoning & alternative use
R-2 · Wasco, CA
Zoning R-2 · permitted uses
R-2 · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RESTAURANT
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1982
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Units
6
Lot
0.4 ac
Current owner
From public records · entity-resolved
Ss1jz LLC
Entity
Mailing address
915 POSO DR, WASCO, CA 93280-2636
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
$2,400,000
Ss1jz LLC
One Alliance Properties LLC
Grant Deed
—
Nov 16, 2020
$1,950,000
One Alliance Properties LLC
Pi Properties No 136 LLC
Grant Deed
$1,072,500 · Other Institutional Lenders
Aug 4, 2016
$2,136,000
Pl Properties No 136 LLC
Dimichieli Family Trust
Grant Deed
$1,760,000 · Capital One Multifamily Fin
May 9, 2016
—
Dimichieli Family Trust
Wasco Park Apartments LLC
Grant Deed
—
Sep 18, 2007
—
Wasco Park Apartments LLC
Dimichieli Family Trust
Grant Deed
—
Oct 18, 2005
$1,650,000
Dimichieli Family Trust
Reeder Sammy J Trust
Grant Deed
—
Jul 9, 1999
—
Reeder Trust
Reeder Trust
Quit Claim Deed
related
—
—
—
Reeder,tr
—
Deed Of Trust
related
$250,000 · Pfc Corp
—
—
Reeder,tr
—
Deed Of Trust
related
$280,496 · Hud
—
—
Reeder,tr
—
Deed Of Trust
related
$550,000 · Hud
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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