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Property profile & analytics
OFF-MARKET
Estimated value
$9,235,000
Apartment buildings
10517 Fair Oaks Blvd Fair Oaks, CA 95628-7270
Individually Owned
12-yr Hold
Property ID
US09-3260290
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
64,559 SF
Lot
3.07 ac (133,729 SF)
Zoning code
RD-30 SPA
APN
244-0102-029-0000
UPID
US09-3260290
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
-
Fairview Garden Apartments - Elkal Inc. 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
$9.24M
Owner & transaction history
Ro Amarlous Family L P · 12 yrs held
Ro Amarlous Family L P
since 2013
7 recorded transactions
Zoning & alternative use
RD-30 SPA · Fair Oaks, 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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
COMMERCIAL (GENERAL)
$15,080,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$9.24M
Range $8.31M – $10.16M · ±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
$143 / 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
$106,578
Tax year 2024
Assessed value
$8,641,643
Assessed 2024
Previous assessed
$8,641,643
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,875,700
Assessed improvement
$6,765,943
Applied tax rate
54.0000
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
Heating
NONE
Buildings
2
Stories
2
Units
84
Total area
64,559 SF
Lot
3.07 ac (133,729 SF)
Zoning code
RD-30 SPA
APN
244-0102-029-0000
UPID
US09-3260290
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 SPA · Fair Oaks, CA
Zoning RD-30 SPA · permitted uses
RD-30 SPA · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$15.1M
COMMERCIAL (GENERAL)
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
1963
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
84
Lot
3.07 ac
Current owner
From public records · entity-resolved
Ro Amarlous Family L P
Individual
Mailing address
10517 FAIR OAKS BLVD, FAIR OAKS, CA 95628-7270
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
—
Ro Amarlous Family LP
—
Deed
related
$5,750,000 · Jp Morgan Chase Bk
Dec 3, 2013
—
Ro Amarlous Family L P
Ro Amarious Family L P
Grant Deed
$4,130,000 · Jpmorgan Chase Bank NA
Jun 28, 2007
—
Ro Amarlous Flp
Amarlou,mahmood & Roshan
Quit Claim Deed
related
—
Sep 29, 2005
$6,450,000
Mahmood Amarlou
Safearena LLC
Grant Deed
$1,200,000 · Washington Mutual Bank
May 28, 2004
—
Safearena LLC
Washington Building LLC
Grant Deed
$4,200,000 · Washington Mutual Fsb
Mar 19, 2004
$515,500
Safearena LLC
Bitizen LLC
Grant Deed
related
—
Mar 19, 2004
—
Bitizen LLC
Washington Building LLC
Grant Deed
related
—
Nov 7, 2003
$5,200,000
Washington Building LLC
Mc Grath,robert C
Grant Deed
$3,640,000 · Washington Mutual Fsb
—
—
Ro Amarlous Family LP
—
Deed Of Trust
related
$5,750,000 · Jp Morgan Chase Bk
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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