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Property profile & analytics
OFF-MARKET
Estimated value
$18,090,000
Apartment buildings
128 Santa Alicia Dr Rohnert Park, CA 94928-5003
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0303310
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1976
Construction
WOOD
Total area
4,992 SF
Lot
2.63 ac (114,562 SF)
APN
143-380-017-000
UPID
US09-0303310
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
$19.07M
Blend (final)
Blend
$18.09M
Owner & transaction history
Sunstone Acquisitions LLC · 2 yrs held
Sunstone Acquisitions LLC
since 2023
Last sale
$17.1M
7 recorded transactions
Zoning & alternative use
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 Rohnert Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rohnert Park 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
$19,070,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.09M
Range $16.28M – $19.90M · ±10% · vs last sale $17.11M (Dec 11 2023)
Last sale anchor
$17.11M
Dec 11 2023
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
$3,624 / 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
$92,644
Tax year 2024
Assessed value
$8,026,515
Assessed 2024
Previous assessed
$8,026,515
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,931,650
Assessed improvement
$6,094,865
Applied tax rate
7.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
1
Rooms
24
Total area
4,992 SF
Lot
2.63 ac (114,562 SF)
APN
143-380-017-000
UPID
US09-0303310
Jurisdiction
SONOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Rooms
24
Lot
2.63 ac
Current owner
From public records · entity-resolved
Sunstone Acquisitions LLC
Entity
Mailing address
2905 DOHR ST, BERKELEY, CA 94702-2505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 11, 2023
$17,110,000
Sunstone Acquisitions LLC
The Palms Apartments LP
Grant Deed
—
Jul 21, 2017
—
Wcgm Properties LLC
2008 Genaro M & Mirna M Trrt
Quit Claim Deed
$9,331,000 · Keybank USA
May 30, 2013
—
128 Santa Alicia LLC
Genaro Mendoza
Grant Deed
$50,000,000 · Jefferies Loancore LLC
Sep 28, 2007
$6,187,500
Genaro Mendoza
128 Santa Alicia Drive LLC
Grant Deed
—
Nov 23, 2005
—
Lee Stephen & S Family Trust
Lee S & S Family Trust
Quit Claim Deed
related
—
Sep 16, 2004
—
Lee Stephen K & Susan T Trust
Lee,stephen K & Susan T
Quit Claim Deed
related
—
—
—
Stephen K Lee
—
Deed Of Trust
related
$2,000,000 · First Republic Bank
—
—
Lee Stephen K
—
Deed Of Trust
related
$2,175,000 · World Savings & Loan
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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