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Property profile & analytics
OFF-MARKET
Estimated value
$4,195,000
Apartment buildings
81225 Fred Waring Dr Indio, CA 92201-1963
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3027845
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
WOOD
Total area
27,740 SF
Lot
2.97 ac (129,373 SF)
Zoning code
C2
APN
608-310-040
UPID
US10-3027845
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
-
Bermuda Palms Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Golden Opportunity Investments LP · 7 yrs held
Golden Opportunity Investments LP
since 2018
7 recorded transactions
Zoning & alternative use
C2 · Indio, 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 Indio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indio 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
$151 / 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
$32,445
Tax year 2024
Assessed value
$2,089,633
Assessed 2024
Previous assessed
$2,089,633
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,160,583
Assessed improvement
$929,050
Applied tax rate
7.0000
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Units
25
Total area
27,740 SF
Lot
2.97 ac (129,373 SF)
Zoning code
C2
APN
608-310-040
UPID
US10-3027845
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Indio, CA
Zoning C2 · permitted uses
C2 · Indio, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indio. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Units
25
Lot
2.97 ac
Current owner
From public records · entity-resolved
Golden Opportunity Investments LP
Entity
Mailing address
4900 SANTA ANITA AVE STE 2C, EL MONTE, CA 91731-1490
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
—
Golden Opportunity Investments LP
—
Deed
related
$35,016,500 · East West Bank
Jul 31, 2018
—
Golden Opportunity Investments LP
Group Xiii Properties LP
Grant Deed
$50,000 · Banc Of California NA
May 23, 2016
$1,800,000
Group Xiii Properties LP
Indio Bermuda Palms Apartments LLC
Grant Deed
—
Jun 25, 2008
—
Indio Bermuda Palms Apts LLC
Chen Jian & Long C Trust
Grant Deed
$3,750,000 · Security Pacific Bank
Mar 10, 2006
$2,200,000
Jian Chen
Executive Leasing INC
Corporation Deed
$1,250,000 · Executive Leasing INC
Feb 3, 2004
—
Executive Leasing INC
Cisek,martin J & Gail A
Grant Deed
related
—
Sep 18, 1998
$110,000
Martin J Cisek
Perron,susan R
Grant Deed
—
Jul 30, 1992
—
Edmond M Perron
Perron,bertha N
Quit Claim Deed
related
$536,250 · American Savings Bank
Apr 1, 1989
$400,000
Steven B Fine
Property Mtg Co
Grant Deed
related
$600,000 · Property Mtg Co
—
—
Indio Bermuda Palms Apt LLC
—
Deed Of Trust
related
$960,000 · Universal Bank
—
—
Indio Bermuda Palms Apartments
—
Deed Of Trust
related
$1,015,000 · Universal Bank
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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