New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,535,000
Apartment buildings
1015 9th St Tracy, CA 95376-3731
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3219452
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
15,060 SF
Lot
0.81 ac (35,501 SF)
Zoning code
47
APN
234-060-090-000
UPID
US10-3219452
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
$1.96M
CAP Approach
CAP
$2.85M
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.54M
Owner & transaction history
Dosouqi Properties LLC · 3 yrs held
Dosouqi Properties LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
47 · Tracy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+93.8%
Office building
$3.8M
+75.8%
Industrial (general)
$3.5M
+61.9%
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 Tracy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tracy 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
$1,950,000
ML approach
$1,955,000
CAP Approach
CAP Return
Estimation
6%
$3,085,000
6.5%
$2,850,000
7%
$2,645,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,160,000
Current use
RESTAURANT
$4,190,000
Change: +94% · Conversion: Difficult
OFFICE BUILDING
$3,800,000
Change: +76% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,500,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$3,290,000
Change: +52% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,335,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$1,895,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.54M
Range $2.28M – $2.79M · ±10% · vs last sale $3.00M (Dec 12 2022)
Last sale anchor
$3.00M
Dec 12 2022
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
$168 / 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
$26,039
Tax year 2024
Assessed value
$2,403,464
Assessed 2024
Previous assessed
$2,403,464
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$635,028
Assessed improvement
$1,768,436
Applied tax rate
4.0000
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
1986
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
12
Bathrooms
36
Total area
15,060 SF
Lot
0.81 ac (35,501 SF)
Zoning code
47
APN
234-060-090-000
UPID
US10-3219452
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
47 · Tracy, CA
Zoning 47 · permitted uses
47 · Tracy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tracy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
RESTAURANT
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1986
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
12
Bathrooms
36
Lot
0.81 ac
Current owner
From public records · entity-resolved
Dosouqi Properties LLC
Entity
Mailing address
849 LELAND CT, LIVERMORE, CA 94550-5832
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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 12, 2022
$3,000,000
Dosouqi Properties LLC
Steven J Erlich
Grant Deed
$1,470,000 · Cathay Bank
Feb 13, 2015
—
Blue Riley Limited Partnership
Blue Riley Limited Partnership
Intrafamily Transfer
related
$850,000 · Luther Burbank Savings
Sep 24, 2009
—
Riley Blue
Erlich,linda R
Grant Deed
—
Sep 14, 2005
$1,800,000
Steven J Erlich
Terry O'connor
Grant Deed
$915,000 · Luther Burbank Savings
Sep 14, 2005
—
Terry O'connor
Maggach,shirley S
Grant Deed
related
—
Jul 10, 2002
$1,250,000
Terry E O'connor
Olson,ivan W & Sue S
Grant Deed
$999,000 · Abn Amro Mortgage Group INC
Jun 13, 1995
—
Ivan W Olson
Olson,ivan W
Quit Claim Deed
related
—
Dec 4, 1990
—
Ivan W Olson
—
Deed Of Trust
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 1015 9th St?
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.
