New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,545,000
Apartment buildings
81955 Hoover Ave Indio, CA 92201-3007
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3027873
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1987
Construction
WOOD
Total area
113,676 SF
Lot
6.38 ac (277,912 SF)
Zoning code
A2
APN
608-080-008
UPID
US10-3027873
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
-
Jcastproductions Film Production Television Studio
-
Esparta pool General Contractor
-
Exterior Rejuvenation Specialists General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.55M
Owner & transaction history
Cf Las Brisas LLC · 10 yrs held
Cf Las Brisas LLC
since 2015
7 recorded transactions
Zoning & alternative use
A2 · 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
$146 / 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
$220,435
Tax year 2024
Assessed value
$12,589,545
Assessed 2024
Previous assessed
$12,589,545
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$2,749,000
Assessed improvement
$9,840,545
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 (100+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
113,676 SF
Lot
6.38 ac (277,912 SF)
Zoning code
A2
APN
608-080-008
UPID
US10-3027873
Jurisdiction
RIVERSIDE
Zoning & alternative use
A2 · Indio, CA
Zoning A2 · permitted uses
A2 · 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
1987
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
6.38 ac
Current owner
From public records · entity-resolved
Cf Las Brisas LLC
Entity
Mailing address
2980 N BEVERLY GLN CIR STE #300, LOS ANGELES, CA 90077-1735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Dec 22, 2022
—
Cf Las Brisas LLC
—
Deed
related
$11,600,000 · First Republic Bank
Sep 11, 2015
—
Cf Las Brisas LLC
Cf Las Brisas LLC
Quit Claim Deed
related
$7,860,000 · Cbre Cap Markets
Mar 3, 2014
—
Cf Las Brisas LLC
Capital Foresight LP
Grant Deed
$6,000,000 · Bank Of America
Nov 30, 2005
$10,350,000
Capital Foresight
Brewart,nelson & Martha P
Grant Deed
$7,750,000 · Allstate Life Insurance Co
Sep 13, 2004
$14,800,000
Nelson Brewart
Sayre St Apts LLC
Grant Deed
—
Oct 1, 2003
—
Weinberger,tr
Fallbrook Q F LLC
Quit Claim Deed
related
—
Jan 18, 2002
$7,280,000
Fallbrook Qf LLC
Las Brisas Villa LP
Grant Deed
$4,950,000 · California Bank & Trust
Nov 12, 1999
$979,500
Las Brisas Villa LP
Wright Trust
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 81955 Hoover Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
