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Property profile & analytics
OFF-MARKET Estimated value $630,000
Apartment buildings

2066 Newburg Rd Fortuna, CA 95540-2757

4,466 SF 0.22 ac lot Built 1965
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2804360
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1965
Construction WOOD
Total area 4,466 SF
Lot 0.22 ac (9,583 SF)
Zoning code RM
APN 201-122-024-000
UPID US09-2804360
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
$630k
CAP Approach CAP
$820k
Comparable Approach Comparable
$547k
Blend (final) Blend
$630k
Owner & transaction history
Nathan Barry Osser · 1 yrs held
Nathan Barry Osser
since 2024
Last sale
$627,500
7 recorded transactions
2024
Price N/A
2024
$627,500
2013
$435,000
2008
Price N/A
2006
Price N/A
2006
Price N/A
2000
Price N/A
Zoning & alternative use
RM · Fortuna, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Purpose. The RM district is intended to be applied in areas of the city where it is reasonable to permit and protect medium-high density apartment, townhouse, and condominium development. The RM district is intended to be applied in existing medium-high density areas, as well as other developed areas to encourage higher-density development and in undeveloped…

Zone name Residential Multifamily
General category RESIDENTIAL
Zone area 98.55 ac
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