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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Apartment buildings
74556 Shadow Hls Rd Palm Desert, CA 92260
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3055075
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Construction
WOOD
Total area
2,023 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R3
APN
625-161-005
UPID
US10-3055075
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
$445k
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$540k
Owner & transaction history
Rpm Rentals LLC · 12 yrs held
Rpm Rentals LLC
since 2013
7 recorded transactions
Zoning & alternative use
R3 · Palm Desert, CA
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 Palm Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Desert 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
$445,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$470,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$267 / 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
$16,028
Tax year 2024
Assessed value
$1,001,390
Assessed 2024
Previous assessed
$1,001,390
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$141,494
Assessed improvement
$859,896
Applied tax rate
18.0000
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
1967
Construction
WOOD
Heating
NONE
Stories
1
Units
6
Total area
2,023 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R3
APN
625-161-005
UPID
US10-3055075
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Desert, CA
Zoning R3 · permitted uses
R3 · Palm Desert, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
WOOD
Heating
NONE
Stories
1
Units
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Rpm Rentals LLC
Entity
Mailing address
425 N WHISMAN RD STE #600, MOUNTAIN VIEW, CA 94043-5733
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Jul 2, 2021
—
Foothill Vista Apartments LP
—
Deed
related
$1,715,000 · Luther Burbank Savings
Sep 13, 2013
$1,800,000
Rpm Rentals LLC
Gagnon,robert
Grant Deed
$1,350,000 · Northern Trust Co
Nov 17, 2003
$1,755,000
Robert Gagnon
Brown,randall B
Grant Deed
$1,228,500 · Abn Amro Mortgage Group INC
Sep 9, 2002
$1,195,000
Randal B Brown
Shadow Hills LLC
Grant Deed
$956,000 · Abn Amro Mortgage Group INC
Jul 30, 1999
—
Shadow Hills LLC
Buck Trust
Grant Deed
$50,000 · T D Financial
Jul 7, 1997
$505,000
Fournier Trust
Morway,paul L & Angela L
Trustees Deed
—
May 1, 1989
$461,000
Paul L Morway
Unknown
Grant Deed
—
Jan 1, 1989
—
Joseph Orlosky
—
Deed Of Trust
related
—
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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