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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Apartment buildings
66800 1st St Desert Hot Springs, CA 92240-3769
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3261181
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
3,832 SF
Lot
0.24 ac (10,454 SF)
Zoning code
TR
APN
639-322-014
UPID
US10-3261181
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
-
Radigan Company Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.04M
Owner & transaction history
Shehla Admani · 3 yrs held
Shehla Admani
since 2023
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
TR · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+70.6%
Warehouse, storage
$1.1M
+16.7%
Medical building
$1.0M
+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
$1,145,000
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$970,000
Current use
AUTO REPAIR, GARAGE
$1,655,000
Change: +71% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,130,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$1,045,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$1,040,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$1,015,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $975k (Mar 1 2023)
Last sale anchor
$975k
Mar 1 2023
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
$271 / 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
$16,793
Tax year 2024
Assessed value
$995,828
Assessed 2024
Previous assessed
$995,828
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$66,300
Assessed improvement
$929,528
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
8
Total area
3,832 SF
Lot
0.24 ac (10,454 SF)
Zoning code
TR
APN
639-322-014
UPID
US10-3261181
Jurisdiction
RIVERSIDE
Zoning & alternative use
TR · Desert Hot Springs, CAZoning TR · permitted uses
TR · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
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
8
Lot
0.24 ac
Current owner
From public records · entity-resolved
Shehla Admani
Individual
Mailing address
3149 HARRISON ST, SAN FRANCISCO, CA 94110-4717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2023
$975,000
Shehla Admani
Timothy Radigan Brophy
Grant Deed
$602,000 · Sun Community FCU
Nov 28, 2016
—
Radigan-brophy Living Trust
Radigan-brophy,timothy
Quit Claim Deed
related
—
Aug 1, 2003
—
Mark Garrett
Garrett,mark & Catherine
Quit Claim Deed
related
—
Aug 1, 2003
$325,000
Timothy R Brophy
Garrett,mark & Catherine
Grant Deed
$247,500 · Canyon National Bank
May 7, 2002
$214,000
Mark Garrett
Daugard,craig D & Mari F
Grant Deed
$171,200 · Canyon National Bank
Aug 15, 2000
$78,000
Craig D Daugard
Evans,richard
Grant Deed
—
Nov 16, 1998
$93,000
Richard Evans
Tannenbaum Trust
Grant Deed
$74,400 · Seller
Mar 3, 1997
—
Tannenbaum Trust
Desert Rehab Services INC
Grant Deed
related
—
May 1, 1991
$170,000
Desert Rehab Services INC
Unknown
Grant Deed
—
Jul 1, 1988
—
Max Silverman
Seferaj Destan
Trustees Deed
related
—
—
—
Richard Evans
—
Deed Of Trust
related
$210,000 · Glassman Trust
—
—
Timothy Radigan-brophy
—
Deed Of Trust
related
$253,065 · Canyon National Bank
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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