Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Apartment buildings
9957 Loop Blvd California City, CA 93505-1383
Individually Owned
28-yr Hold
Free & Clear
Property ID
US09-3122786
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1991
Construction
WOOD
Total area
5,959 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RM1/RM2
APN
208-072-17-00-9
UPID
US09-3122786
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$555k
Owner & transaction history
Burdette Thorbus · 28 yrs held
Burdette Thorbus
since 1998
7 recorded transactions
Zoning & alternative use
RM1/RM2 · California City, CA
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 California City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs California City 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$890,000
Current use
AUTO REPAIR, GARAGE
$825,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$755,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$750,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$93 / 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
$3,781
Tax year 2023
Assessed value
$250,139
Assessed 2023
Previous assessed
$250,139
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$30,683
Assessed improvement
$219,456
Applied tax rate
11.0000
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
1991
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Total area
5,959 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RM1/RM2
APN
208-072-17-00-9
UPID
US09-3122786
Jurisdiction
KERN
Zoning & alternative use
RM1/RM2 · California City, CAZoning RM1/RM2 · permitted uses
RM1/RM2 · California City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CITY OF
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$825,000
INDUSTRIAL (GENERAL)
Est. value
$755,000
RETAIL STORES
Est. value
$750,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Stories
2
Units
6
Lot
0.24 ac
Current owner
From public records · entity-resolved
Burdette Thorbus
Individual
Free & Clear · 28 yrs held
Mailing address
1400 EASTON DR STE #101, BAKERSFIELD, CA 93309-9403
Ownership since
1998
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
Mar 20, 1998
—
Burdette Thorbus
Thorbus,beverly
Quit Claim Deed
related
—
Mar 20, 1998
$170,000
Thorbus,burdette
Sierra National Bank
Trustees Deed
$153,000 · Sierra National Bank
Aug 6, 1997
$214,373
Sierra National Bank
Hopkins,adeline S
Trustees Deed
related
—
Mar 16, 1993
—
Adeline S Hopkins
Caisson Construc
Grant Deed
$210,000 · Sierra National Bank
Jun 24, 1991
$500
Const In Caisson
Carriere,evelyn
Grant Deed
related
—
Oct 24, 1990
—
Evelyn Carriere
—
Grant Deed
related
$210,000 · Sierra National Bank
Sep 15, 1989
$19,000
Evelyn Carriere
Schulz,robert L
Grant Deed
—
—
—
Const In Caisson
—
Deed Of Trust
related
$210,000 · Sierra National 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.
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 9957 Loop Blvd?
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.
