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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Bars & Pubs
1517 21st St Sacramento, CA 95811-5215
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3079876
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1910
Construction
TILT-UP CONCRETE
Total area
5,120 SF
Lot
0.06 ac (2,624 SF)
Zoning code
C-2-SPD
APN
007-0252-023-0000
UPID
US10-3079876
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
-
Starlite Lounge Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Chi Yang Sun · 4 yrs held
Chi Yang Sun
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, 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 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
$1,850,000
ML approach
$1,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.48M (Dec 23 2021)
Last sale anchor
$1.48M
Dec 23 2021
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
$327 / 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
$18,730
Tax year 2024
Assessed value
$1,539,792
Assessed 2024
Previous assessed
$1,539,792
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$416,160
Assessed improvement
$1,123,632
Applied tax rate
3.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
5,120 SF
Lot
0.06 ac (2,624 SF)
Zoning code
C-2-SPD
APN
007-0252-023-0000
UPID
US10-3079876
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · 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.
Building & site characteristics
From public records
Year built
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Chi Yang Sun
Individual
Mailing address
233 COMMERCIAL ST, SAN JOSE, CA 95112-4402
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 23, 2021
$1,480,000
Chi Yang Sun
Irish Five LLC
Grant Deed
$1,125,000 · Capital Valley Investors LLC
May 9, 2013
—
Irish Five LLC
Reynoso,desmond D
Quit Claim Deed
related
—
Mar 15, 2013
$941,000
Irish Five LLC
Torres Frank Family Trust
Grant Deed
—
Oct 16, 2012
$574,789
Torres Frank Family Trust
Mortgage Lender Svcs INC
Trustees Deed
related
—
Jul 8, 2011
—
Shirley Johnson
Torres,frank SR
Affidavit Of Death
related
—
Dec 12, 2008
$43,000
Mark Vespoli
Reynoso,desmond D
Grant Deed
—
Jul 17, 2003
$580,000
Desmond D Reynoso
Torres,tr
Grant Deed
$522,000 · Torres Trust
—
—
Desmond D Reynoso
—
Deed Of Trust
related
$15,000 · Ron Doster
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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