Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Apartment buildings
908 2nd Ave Barstow, CA 92311-3843
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1550498
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD FRAME
Total area
8,472 SF
Lot
0.48 ac (20,955 SF)
APN
0183-071-05-0000
UPID
US10-1550498
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
$990k
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$905k
Owner & transaction history
Emilio Alvarez Avila · 2 yrs held
Emilio Alvarez Avila
since 2023
Last sale
$765,000
7 recorded transactions
Zoning & alternative use
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 Barstow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barstow 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
$1,025,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
$1,250,000
6.5%
$1,155,000
7%
$1,070,000
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $765k (Sep 7 2023)
Last sale anchor
$765k
Sep 7 2023
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
$107 / 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
$9,234
Tax year 2023
Assessed value
$500,000
Assessed 2024
Previous assessed
$820,235
-39.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$60,000
Assessed improvement
$440,000
Applied tax rate
9.0000
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
1963
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
11
Rooms
7
Bathrooms
3
Total area
8,472 SF
Lot
0.48 ac (20,955 SF)
APN
0183-071-05-0000
UPID
US10-1550498
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
11
Rooms
7
Bathrooms
3
Lot
0.48 ac
Current owner
From public records · entity-resolved
Emilio Alvarez Avila
Individual
Mailing address
3374 SANTA ANA ST, SOUTH GATE, CA 90280-2370
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2023
—
Emilio Alvarez Avila
Angel Alvarez
Intrafamily Transfer
related
—
Feb 14, 2019
$765,000
Angel Alvarez
Ssj Holdings Co LLC
Grant Deed
—
Oct 30, 2017
—
Ssj Holding Company LLC
Juan Carlos Montalvan
Grant Deed
$275,000 · West Valley National Bank
Apr 3, 2013
$55,000
Juan C Montalvan
Fenison,anthony
Grant Deed
—
Oct 19, 2005
—
Anthony Fenison
Fenison,lachelle M
Quit Claim Deed
—
Sep 1, 2004
—
Daniel Osias
Osias,candy N
Quit Claim Deed
related
$387,000 · Eleanor Sturman
Apr 2, 2003
—
Daniel Osias
Ihemadu,francis
Grant Deed
related
—
Sep 17, 2002
$255,000
Francis Ihemadu
Velasco,jose & Serafina
Grant Deed
$148,000 · Value Home Loan
Jan 9, 2002
$202,000
Jose Velasco
Labouef,mark & Nellie
Grant Deed
—
Jun 1, 1993
$234,000
Mark Labouef
Hinsberger,vince
Grant Deed
$60,000 · Gold Trust
May 31, 1990
$150,000
Hinsbereger Vinc
Criscione Debora
Grant Deed
related
—
Apr 20, 1990
$250,000
Debora Criscione
Gold Family Trus
Grant Deed
$225,000 · Seller
—
—
Jose Velasco
—
Deed Of Trust
related
$60,000 · Ed Kass
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 908 2nd 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.
