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Property profile & analytics
OFF-MARKET
Apartment buildings
66880 3rd St Desert Hot Springs, CA 92240-3785
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3504496
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
1,080 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R-M
APN
639-332-008
UPID
US09-3504496
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
Rabgrl Trust · 10 yrs held
Rabgrl Trust
since 2015
7 recorded transactions
Zoning & alternative use
R-M · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-M (Residential Medium). The district is intended to promote the development of primarily attached residential uses, but also allows for detached residential design as small-lot subdivisions, in this zoning district. The minimum density for this zoning district is 6 dwelling units per acre and the maximum density is 20 dwelling units per acre. Long-term pre…
Zone name
Residential Medium Density
General category
RESIDENTIAL
Zone area
780.71 ac
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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,179
Tax year 2024
Assessed value
$290,138
Assessed 2024
Previous assessed
$290,138
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$73,113
Assessed improvement
$217,025
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
Buildings
3
Stories
1
Units
3
Total area
1,080 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R-M
APN
639-332-008
UPID
US09-3504496
Jurisdiction
RIVERSIDE
Zoning & alternative use
R-M · Desert Hot Springs, CAZoning R-M · permitted uses
R-M · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-M (Residential Medium). The district is intended to promote the development of primarily attached residential uses, but also allows for detached residential design as small-lot subdivisions, in this zoning district. The minimum density for this zoning district is 6 dwelling units per acre and the maximum density is 20 dwelling units per acre. Long-term preservation of neighborhood quality should be emphasized in site design. 4.
Zone name
Residential Medium Density
General category
RESIDENTIAL
Zone area
780.71 ac
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Rabgrl Trust
Trust
Mailing address
4850 DEL MAR MESA RD, SAN DIEGO, CA 92130-6805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2015
$250,000
Rabgrl Trust
Martin K & A Family Trust
Grant Deed
$200,000 · Martin K & A Family Trust (pt)
Dec 8, 2011
—
Martin K A & A M Family Trust
Dillon,laura
Deed In Lieu Of Foreclosure
related
—
Feb 26, 2007
$475,000
Laura Dillon
Martin K & A Family Trust
Grant Deed
$318,000 · Martin K A & A M Family Trust
Nov 14, 2005
—
Martin K A & A M Family Trust
Martin,kenneth A
Quit Claim Deed
related
—
Jul 17, 1998
$95,000
Kenneth A Martin
Fnb Real Estate Corp
Grant Deed
$85,000 · Individual
Feb 5, 1998
$84,000
Fnb Real Estate Corp
Hetrick,james K
Trustees Deed
—
—
—
O E C Management
—
Deed Of Trust
related
$45,199 · Seller
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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