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Property profile & analytics
OFF-MARKET
Estimated value
$2,645,000
Apartment buildings
194 Shasta Ave Chico, CA 95973-0571
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3079647
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
12,320 SF
Lot
1.49 ac (64,904 SF)
Zoning code
R2
APN
006-380-003-000
UPID
US09-3079647
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
-
Shasta CC High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.03M
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.65M
Owner & transaction history
James Yuhasz · 3 yrs held
James Yuhasz
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
R2 · Chico, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.5M
+42.1%
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 Chico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chico 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
$3,140,000
ML approach
$3,030,000
CAP Approach
CAP Return
Estimation
6%
$2,370,000
6.5%
$2,190,000
7%
$2,030,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,430,000
Current use
COMMERCIAL (GENERAL)
$3,455,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$2.65M
Range $2.38M – $2.91M · ±10% · vs last sale $2.63M (Mar 29 2023)
Last sale anchor
$2.63M
Mar 29 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
$215 / 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
$27,917
Tax year 2024
Assessed value
$2,524,360
Assessed 2024
Previous assessed
$2,524,360
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$510,000
Assessed improvement
$2,014,360
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
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
14
Rooms
2
Bathrooms
1
Total area
12,320 SF
Lot
1.49 ac (64,904 SF)
Zoning code
R2
APN
006-380-003-000
UPID
US09-3079647
Jurisdiction
BUTTE
Zoning & alternative use
R2 · Chico, CA
Zoning R2 · permitted uses
R2 · Chico, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS) Current
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
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
14
Rooms
2
Bathrooms
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
James Yuhasz
Individual
Mailing address
PO BOX 216, DURHAM, CA 95938-0216
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2023
$2,625,000
James Yuhasz
East Shasta Partners LLC
Grant Deed
—
Mar 29, 2023
—
James Z Yuhasz
Rebecca Yuhasz
Intrafamily Transfer
related
—
Jan 11, 2019
$3,125,000
East Shasta Partners LLC
Edwards,tim & Ann M
Grant Deed
—
Dec 22, 2017
—
Tim Edwards
—
Deed
related
$500,000 · Ruth M Hill
Oct 5, 2007
$1,727,500
Tim Edwards
Hill Family Trust
Grant Deed
$1,592,500 · World Savings
Oct 10, 2002
—
Reuben W Hill
Shasta East
Grant Deed
$1,000,000 · World Savings Bank
Jan 1, 1978
—
Shasta East|shasta East Apartments
—
Grant Deed
related
—
—
—
Tim Edwards
—
Deed Of Trust
related
$1,510,000 · Jp Morgan Chase Bank NA
—
—
Tim Edwards
—
Deed Of Trust
related
$285,000 · Ruth M Hill
—
—
Tim Edwards
—
Deed Of Trust
related
$500,000 · Ruth M Hill
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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