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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Apartment buildings
72 Ramona St Ventura, CA 93001-1665
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-1611634
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Total area
2,888 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R-3-5
APN
071-0-061-510
UPID
US10-1611634
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
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.25M
Owner & transaction history
Harold Anthony Solomon · 2 yrs held
Harold Anthony Solomon
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R-3-5 · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+17.1%
Medical building
$1.1M
+6.3%
Auto repair, garage
$1.1M
+4.7%
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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
$1,245,000
ML approach
$1,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,035,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,210,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$1,100,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,080,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,045,000
Change: +1% · Conversion: Moderate
OFFICE BUILDING
$930,000
Change: -10% · Conversion: Moderate
WAREHOUSE, STORAGE
$840,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10% · vs last sale $1.25M (Apr 2 2024)
Last sale anchor
$1.25M
Apr 2 2024
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
$431 / 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
$8,711
Tax year 2023
Assessed value
$2,156,741
Assessed 2024
Previous assessed
$780,432
+176.4% YoY
Effective rate
0.40%
On assessed value
Assessed land
$421,056
Assessed improvement
$1,735,685
Applied tax rate
5.0000
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
1986
Heating
NONE
Total area
2,888 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R-3-5
APN
071-0-061-510
UPID
US10-1611634
Jurisdiction
VENTURA
Zoning & alternative use
R-3-5 · Ventura, CA
Zoning R-3-5 · permitted uses
R-3-5 · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$930,000
WAREHOUSE, STORAGE
Est. value
$840,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1986
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Harold Anthony Solomon
Individual
Free & Clear · 2 yrs held
Mailing address
3139 FEDERAL AVE, LOS ANGELES, CA 90066-1224
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
—
Harold Anthony Solomon
Harold Anthony Solomon
Intrafamily Transfer
related
—
May 29, 2013
$1,245,000
Bwe Investments 13x LLC
Rands,randall
Grant Deed
$918,750 · Sterling Savings Bank
May 29, 2013
—
Randal Rands
Vance-rands,brenda
Quit Claim Deed
related
—
Jan 25, 2013
—
Karen Y Rands
Rands Family Trust
Quit Claim Deed
—
Mar 6, 2012
—
Barry Rands
Owner Name Unavailable
Grant Deed
related
—
Feb 10, 2012
—
Barry Rands
Rands Family Trust
Quit Claim Deed
—
Mar 29, 2005
—
William P Rands
Rands,elizabeth S
Quit Claim Deed
related
—
Apr 13, 1990
$825,000
Rands William P
Timcor Financial
Trustees Deed
$175,000 · Scholfield John
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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