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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Apartment buildings
1631 T St Sacramento, CA 95811-7220
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US09-1961654
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1890
Construction
WOOD
Total area
3,497 SF
Lot
0.07 ac (3,200 SF)
Zoning code
R-3A-SPD
APN
009-0094-014-0000
UPID
US09-1961654
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
-
Valley Mobile Haircuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$1.08M
Owner & transaction history
Turtle Hill Properties LLC · 2 yrs held
Turtle Hill Properties LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
R-3A-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+13.6%
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
$1,080,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,095,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$895,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$890,000
Change: -8% · Conversion: Moderate
OFFICE BUILDING
$830,000
Change: -14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$825,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.08M (Jun 13 2024)
Last sale anchor
$1.08M
Jun 13 2024
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
$309 / 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
$6,679
Tax year 2024
Assessed value
$506,190
Assessed 2024
Previous assessed
$506,190
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$113,888
Assessed improvement
$392,302
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1890
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
7
Total area
3,497 SF
Lot
0.07 ac (3,200 SF)
Zoning code
R-3A-SPD
APN
009-0094-014-0000
UPID
US09-1961654
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-3A-SPD · Sacramento, CA
Zoning R-3A-SPD · permitted uses
R-3A-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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$965,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$895,000
MEDICAL BUILDING
Est. value
$890,000
OFFICE BUILDING
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$825,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1890
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
7
Lot
0.07 ac
Current owner
From public records · entity-resolved
Turtle Hill Properties LLC
Entity
Mailing address
324 ORTEGA ST, SAN FRANCISCO, CA 94122-4620
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Turtle Hill Properties LLC
—
Deed
related
$736,000 · Bank Of The Sierra
Jun 13, 2024
$1,080,000
Turtle Hill Properties LLC
Paul Etemad
Grant Deed
$867,195 · Corevest American Finance Lender Ll
May 4, 2010
$200,000
Paul Etemad
Mark Walsh
Grant Deed
$235,000 · Us Bank NA
Oct 28, 2005
$643,000
Mark Walsh
Knutson,ken
Grant Deed
—
Jan 24, 2003
$295,000
Ken Knutson
Carroll,helen
Grant Deed
—
Jan 24, 2003
—
Ken Knutson
Knutman,christy
Quit Claim Deed
related
—
Mar 1, 1990
$182,000
Helen Carroll
Stenberg Erland
Grant Deed
$32,000 · Stenberg Erland
—
—
Helen Carroll
—
Deed Of Trust
related
$65,000 · Beneficial California INC
—
—
Helen Carroll
—
Deed Of Trust
related
$10,000 · Individual
—
—
Ken Knutson
—
Deed Of Trust
related
$400,000 · United Commercial Bank
—
—
Joseph W Carroll
—
Deed Of Trust
related
$147,500 · Ken Knutson
—
—
Erland Stenberg
—
Deed Of Trust
related
$101,500 · World Savings & Loan
—
—
Helen Carroll
—
Deed Of Trust
related
$38,000 · Individual
—
—
Helen Carroll
—
Deed Of Trust
related
$49,300 · Bonded Home Loans
—
—
Helen Carroll
—
Deed Of Trust
related
$50,000 · Beneficial California INC
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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