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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Residential income homes
78990 Miles Ave, La Quinta, CA 92253-4101
Entity Owned
18-yr Hold
Property ID
US10-3098497
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2008
Construction
WOOD
Total area
4,015 SF
Lot
9.44 ac (411,206 SF)
Zoning code
A2
APN
604-032-022
UPID
US10-3098497
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
$790k
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.08M
Owner & transaction history
Vista Dunes Housing Partners LP · 18 yrs held
Vista Dunes Housing Partners LP
since 2007
7 recorded transactions
Zoning & alternative use
A2 · La Quinta, 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 La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta 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
$790,000
CAP Approach
CAP Return
Estimation
6%
$1,175,000
6.5%
$1,085,000
7%
$1,010,000
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$269 / 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
$34,597
Tax year 2024
Assessed value
$6,630,040
Assessed 2024
Previous assessed
$6,630,040
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$2,913,120
Assessed improvement
$3,716,920
Applied tax rate
20.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Total area
4,015 SF
Lot
9.44 ac (411,206 SF)
Zoning code
A2
APN
604-032-022
UPID
US10-3098497
Jurisdiction
RIVERSIDE
Zoning & alternative use
A2 · La Quinta, CA
Zoning A2 · permitted uses
A2 · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Quinta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Lot
9.44 ac
Current owner
From public records · entity-resolved
Vista Dunes Housing Partners LP
Entity
Mailing address
9692 HVN AVE STE #100, RANCHO CUCAMONGA, CA 91730-0101
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Oct 31, 2007
$5,200,000
Vista Dunes Housing Partners LP
National Community Renaissance Of C
Grant Deed
—
Oct 31, 2007
—
National Cmnty Renaissance Of Ca
La Quinta Redevelopment Agcy
Grant Deed
$24,000 · Redevelopment Agency
May 10, 2004
—
Redevelopment Agency La Quinta
Weldon,tr
Grant Deed
related
—
Feb 17, 1999
—
Cy,laq
Weldon,sheila
Trustees Deed
related
—
Mar 21, 1991
—
Sheila Weldon
Weldon Anthony E
Quit Claim Deed
related
$275,000 · American Federal Mortgage Co
—
—
Sheila Weldon
—
Deed Of Trust
related
$750,000 · Impac Commercial Capital Corp
—
—
Weldon Trust
—
Deed Of Trust
related
$385,000 · Kent H Landsberg Foundation
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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