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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Apartment buildings
1399 Cotati Ave, Rohnert Park, CA 94928
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0436687
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2005
Total area
18,722 SF
Lot
0.76 ac (33,000 SF)
Zoning code
CL
APN
143-340-020-000
UPID
US09-0436687
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
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Sierra Prop Holdings LLC · 21 yrs held
Sierra Prop Holdings LLC
since 2005
7 recorded transactions
Zoning & alternative use
CL · Rohnert Park, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$60 / 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
$47,930
Tax year 2024
Assessed value
$4,208,119
Assessed 2024
Previous assessed
$4,208,119
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,201,639
Assessed improvement
$3,006,480
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 (5+ UNITS)
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
NONE
Stories
2
Units
16
Rooms
12
Bathrooms
4
Total area
18,722 SF
Lot
0.76 ac (33,000 SF)
Zoning code
CL
APN
143-340-020-000
UPID
US09-0436687
Jurisdiction
SONOMA
Zoning & alternative use
CL · Rohnert Park, CA
Zoning CL · permitted uses
CL · Rohnert Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rohnert Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
2
Units
16
Rooms
12
Bathrooms
4
Lot
0.76 ac
Current owner
From public records · entity-resolved
Sierra Prop Holdings LLC
Entity
Mailing address
235 POSADA DEL SOL, NOVATO, CA 94949-6388
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2016
—
Sierra Property Holdings LLC
—
Deed
related
$3,150,000 · First Republic Bank
Apr 13, 2005
—
Sierra Prop Holdings LLC
Owner,record
Grant Deed
related
$2,450,000 · First Republic Bank
May 27, 2003
—
Sierra Property Holdings LLC
Masma Construction INC
Grant Deed
related
—
Aug 17, 1999
$250,000
Masma Construction INC
Callinan Trust
Grant Deed
—
Feb 3, 1997
—
Callinan Trust
Callinan,peter M & Greta F
Quit Claim Deed
related
—
Feb 8, 1994
$136,000
Peter M Callinan
Munkres Trust
Grant Deed
—
—
—
Masma Construction INC
—
Deed Of Trust
related
$165,000 · Marin Mortgage Bankers
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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