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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Apartment buildings
66163 3rd St Desert Hot Springs, CA 92240-3692
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5691664
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
2,437 SF
Lot
0.59 ac (25,700 SF)
Zoning code
R2
APN
639-222-014
UPID
US09-5691664
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
-
Dexter's Details Car Wash
-
Healing Gems And Herbal Crafts/ Family Crafting Company Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$635k
Owner & transaction history
USA Properties24 LLC · 9 yrs held
USA Properties24 LLC
since 2016
7 recorded transactions
Zoning & alternative use
R2 · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+70.6%
Warehouse, storage
$720,000
+16.7%
Medical building
$665,000
+8.0%
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 Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot 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
$405,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$615,000
Current use
AUTO REPAIR, GARAGE
$1,050,000
Change: +71% · Conversion: Difficult
WAREHOUSE, STORAGE
$720,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$665,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$660,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$645,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$261 / 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
$14,153
Tax year 2024
Assessed value
$620,907
Assessed 2024
Previous assessed
$620,907
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$162,479
Assessed improvement
$458,428
Applied tax rate
14.0000
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
1965
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
2,437 SF
Lot
0.59 ac (25,700 SF)
Zoning code
R2
APN
639-222-014
UPID
US09-5691664
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Desert Hot Springs, CA
Zoning R2 · permitted uses
R2 · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Desert Hot Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$720,000
MEDICAL BUILDING
Est. value
$665,000
OFFICE BUILDING
Est. value
$660,000
RETAIL STORES
Est. value
$645,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1965
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
USA Properties24 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
14071 PEYTON DR UNIT #1633, CHINO HILLS, CA 91709-7170
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2016
—
USA Properties24 LLC
USA Properties24 LLC
Quit Claim Deed
related
—
Jun 10, 2016
—
USA Properties24 LLC
Oza,jagdish J & Darshana J
Quit Claim Deed
—
Jun 8, 2016
$535,000
Jagdish J Oza
Arip J Corp
Grant Deed
$428,000 · Us Bank NA
Jun 26, 2014
—
Aripj Corp
Kurek,artur
Quit Claim Deed
related
—
Mar 26, 2014
$340,000
Artur Kurek
Wrag LLC
Grant Deed
$214,500 · Ltv Private Equity INC
Mar 26, 2014
—
Wrag LLC
Wireless Receivables Acquisiti
Grant Deed
—
Jun 10, 2011
—
Pacific Premier Bk
Canyon Natl Bk
Grant Deed
—
Jun 10, 2011
$176,000
Wireless Receivables Acquisiti
Pacific Premier Bk
Grant Deed
—
May 26, 2011
$352,000
Canyon Natl Bk
Td Service Co
Trustees Deed
related
—
Jun 27, 2008
—
Dhs 3rd Street Partners LLC
Meddock,leroy J
Quit Claim Deed
related
—
Feb 29, 2008
$591,363
Leroy J Meddock
Mengel,gregory A
Grant Deed
$541,000 · Canyon National Bank
Feb 29, 2008
—
Leroy J Meddock
Meddock,audrey J
Quit Claim Deed
related
—
Jan 7, 2005
$760,000
Gregory A Mengel
Phenomenal Properties INC
Grant Deed
$570,000 · Canyon National Bank
Oct 8, 2003
—
Phenomenal Properties INC
Fernandez,jose E
Grant Deed
related
—
Dec 16, 2002
$365,000
Jose E Fernandez
Wilhelm,thomas F
Grant Deed
$275,000 · Thomas F Wilhelm
Aug 30, 1995
—
Jerald D Wilder
Murdock,beverly L Etal
Quit Claim Deed
related
—
Aug 30, 1995
$124,000
Wilhelm,thomas F
Wilder,jerald D
Trustees Deed
$126,000 · First Federal S&l San Bernardi
Jun 27, 1991
$262,500
Beverly Murdock
Squeri,robert
Grant Deed
$232,500 · Seller
—
—
Phenomenal Properties INC
—
Deed Of Trust
related
$273,000 · Donald C JR Mcdougal
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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