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Property profile & analytics
OFF-MARKET
Estimated value
$4,990,000
Apartment buildings
699 Wake Ave El Centro, CA 92243-9598
Entity Owned
5-yr Hold
Property ID
US09-9329408
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2005
Total area
14,647 SF
Lot
3.03 ac (131,986 SF)
APN
053-740-050-000
UPID
US09-9329408
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
-
Villas Bonita Apartments Apartment Building
-
Imperial Properties Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.99M
Owner & transaction history
Villas Bonitas LLC · 5 yrs held
Villas Bonitas LLC
since 2020
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
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 El Centro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Centro 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
$5,245,000
ML approach
$5,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.99M
Range $4.49M – $5.49M · ±10% · vs last sale $4.80M (Jul 31 2020)
Last sale anchor
$4.80M
Jul 31 2020
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
$341 / 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
$117,609
Tax year 2024
Assessed value
$10,378,435
Assessed 2024
Previous assessed
$10,378,435
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,069,311
Assessed improvement
$9,309,124
Applied tax rate
4.0000
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
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
75
Bathrooms
2
Total area
14,647 SF
Lot
3.03 ac (131,986 SF)
APN
053-740-050-000
UPID
US09-9329408
Jurisdiction
IMPERIAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
75
Bathrooms
2
Lot
3.03 ac
Current owner
From public records · entity-resolved
Villas Bonitas LLC
Entity
Mailing address
699 WAKE AVE, EL CENTRO, CA 92243-9598
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
May 27, 2022
—
Imperial Properties LLC
—
Deed
related
$8,700,000 · Sun Community FCU
Jul 31, 2020
—
Villas Bonitas LLC
Villas Bonitas LLC
Quit Claim Deed
related
—
Jul 31, 2020
$4,800,000
Imperial Properties LLC
Catherine B Valenzeula
Grant Deed
—
Jul 31, 2020
$5,280
Imperial Proper LLC
Villas Bonitas LLC
Grant Deed
—
Apr 7, 2005
—
Villas Bonitas LLC
—
Trustees Deed
related
$5,680,000 · Rabobank
Mar 29, 2005
—
Villas Bonitas LLC
Mcphetrige,robert G
Quit Claim Deed
related
—
—
—
Villas Bonitas LLC
—
Deed Of Trust
related
$5,680,000 · Rabobank
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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