Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,845,000
Apartment buildings
1201 Fulton Ave Sacramento, CA 95825-7386
Entity Owned
Absentee Owner
Property ID
US10-3217415
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
59,108 SF
Lot
3 ac (130,680 SF)
Zoning code
RD-30
APN
285-0190-033-0000
UPID
US10-3217415
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
-
The Carla by Trion Living Apartment Complex Property Management Company
-
Low Rate Jump Start Service Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.74M
CAP Approach
CAP
$14.29M
Comparable Approach
Comparable
$8.86M
Blend (final)
Blend
$11.85M
Owner & transaction history
Carla Apartments LLC
Carla Apartments LLC
since 2025
Last sale
$11.2M
7 recorded transactions
Zoning & alternative use
RD-30 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$18.5M
+5.0%
Retail stores
$17.7M
+0.3%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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
$13,735,000
CAP Approach
CAP Return
Estimation
6%
$15,475,000
6.5%
$14,285,000
7%
$13,265,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$17,655,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$18,540,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$17,715,000
Change: +0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,125,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$11.85M
Range $10.66M – $13.03M · ±10% · vs last sale $11.18M (Dec 29 2025)
Last sale anchor
$11.18M
Dec 29 2025
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
$200 / 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
$183,857
Tax year 2024
Assessed value
$15,111,810
Assessed 2024
Previous assessed
$15,111,810
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$13,447,170
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
Units
63
Total area
59,108 SF
Lot
3 ac (130,680 SF)
Zoning code
RD-30
APN
285-0190-033-0000
UPID
US10-3217415
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · Sacramento, CA
Zoning RD-30 · permitted uses
RD-30 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$17.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.5M
RETAIL STORES
Est. value
$17.7M
AUTO REPAIR, GARAGE
Est. value
$15.1M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
Buildings
2
Units
63
Lot
3 ac
Current owner
From public records · entity-resolved
Carla Apartments LLC
Entity
Mailing address
700 N SAN VICENTE BLVDG860, WEST HOLLYWOOD, CA 90069-5060
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$11,175,000
Carla Apartments LLC
Karisa Ventures LLC
Grant Deed
$7,822,500 · Bank Of Marin
Sep 30, 2025
$11,300,000
Karisa Ventures LLC
1201 Fulton Ave Tic 1 LLC
Grant Deed
$7,910,000 · Bank Of Marin
May 18, 2022
$14,525,000
1201 Fulton Ave Tic 1 LLC
Fb Sinclair LLC
Grant Deed
$10,610,000 · Zb NA
Oct 1, 2019
—
Ch Sacramento LLC
—
Deed
related
$9,672,600 · Walker & Dunlop
Oct 26, 2017
$9,200,000
Fb Sinclair LLC
Pointe Apartments LLC
Grant Deed
$6,894,000 · Cbre Cap Markets
Mar 31, 2015
$6,990,000
Pointe Apartments LLC
Sinclair 63 LLC
Grant Deed
—
Feb 28, 2006
—
Sinclair 63 LLC
1201 Fulton Avenue Investors
Grant Deed
$4,873,500 · City National Bank
Sep 30, 1993
—
1201 Fulton Investors
Bernstein,leslli
Grant Deed
related
$300,000 · Sacramento Housing & Redevelop
—
—
Ch Sacramento LLC
—
Deed Of Trust
related
$9,672,600 · Walker & Dunlop
—
—
Sinclair 63 LLC
—
Deed Of Trust
related
$4,873,500 · City National Bank
—
—
1201 Fulton Investors
—
Deed Of Trust
related
$1,355,000 · Business & Professional 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 1201 Fulton 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.