Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,700,000
Apartment buildings
1220 La Loma Ave Modesto, CA 95354-2766
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US09-2234615
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD FRAME
Total area
25,188 SF
Lot
0.76 ac (33,105 SF)
APN
108-015-056-000
UPID
US09-2234615
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
-
La Loma Senior Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.77M
CAP Approach
CAP
$5.16M
Comparable Approach
Comparable
$7.68M
Blend (final)
Blend
$5.70M
Owner & transaction history
Brofam LLC · 3 yrs held
Brofam LLC
since 2022
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.2M
+11.4%
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 Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto 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
$6,965,000
ML approach
$5,770,000
CAP Approach
CAP Return
Estimation
6%
$5,585,000
6.5%
$5,155,000
7%
$4,790,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,365,000
Current use
MEDICAL BUILDING
$8,205,000
Change: +11% · Conversion: Moderate
RESTAURANT
$7,355,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,585,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$5.70M
Range $5.13M – $6.27M · ±10% · vs last sale $5.30M (Sep 30 2022)
Last sale anchor
$5.30M
Sep 30 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
$226 / 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
$61,649
Tax year 2024
Assessed value
$5,410,640
Assessed 2024
Previous assessed
$5,410,640
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$147,900
Assessed improvement
$5,262,740
Applied tax rate
2.0000
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
1988
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
41
Bathrooms
3
Total area
25,188 SF
Lot
0.76 ac (33,105 SF)
APN
108-015-056-000
UPID
US09-2234615
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$8.2M
RESTAURANT
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
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
1988
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
41
Bathrooms
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Brofam LLC
Entity
Mailing address
1300 K ST, MODESTO, CA 95354-0928
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Brofam LLC
—
Deed
related
$3,145,000 · Bank Of Stockton
Sep 30, 2022
$5,300,000
Brofam LLC
Pi Properties No 56 LLC
Grant Deed
—
Feb 21, 2020
$3,940,000
Pi Properties No 56 LLC
Lee Hancock Construction INC
Grant Deed
$2,955,000 · Savings Bank Of Mendocino County
Aug 26, 2014
$1,975,000
Lee Hancock Construction INC
421 Associates
Grant Deed
—
Aug 6, 2014
—
421 Associates
421 Associates
Quit Claim Deed
related
—
Aug 15, 1989
$567,500
Asset,equities I
Raja Dev Co INC
Trustees Deed
related
—
—
—
Raja Dev Co
—
Deed Of Trust
related
$185,000 · First American Bank
—
—
421 Assoc
—
Deed Of Trust
related
$1,125,000 · Home Savings Of America
—
—
Raja Dev Co
—
Deed Of Trust
related
$150,000 · First American Bank
—
—
421 Associates LP
—
Deed Of Trust
related
$1,400,000 · Financial Inst Partners Mtg
—
—
Raja Dev Co INC
—
Deed Of Trust
related
$100,092 · Callahan Sandra
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 1220 La Loma 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.
