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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Residential income homes
2149 Hearn Ave Santa Rosa, CA 95407-7375
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2795740
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1949
Construction
WOOD
Total area
4,505 SF
Lot
2.36 ac (102,801 SF)
APN
134-011-012-000
UPID
US09-2795740
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
-
Nation's Finest Advocacy Group Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.40M
Owner & transaction history
Community Housing Sonoma County · 1 yrs held
Community Housing Sonoma County
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
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 Santa Rosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Rosa 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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
$1,310,000
6.5%
$1,210,000
7%
$1,125,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,005,000
Current use
MEDICAL BUILDING
$1,655,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (Oct 4 2024)
Last sale anchor
$1.40M
Oct 4 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
$311 / 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
$8,757
Tax year 2024
Assessed value
$2,098,392
Assessed 2024
Previous assessed
$2,098,392
+0.0% YoY
Effective rate
0.42%
On assessed value
Assessed land
$1,545,306
Assessed improvement
$553,086
Applied tax rate
4.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
10
Bathrooms
7
Total area
4,505 SF
Lot
2.36 ac (102,801 SF)
APN
134-011-012-000
UPID
US09-2795740
Jurisdiction
SONOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
1949
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
7
Lot
2.36 ac
Current owner
From public records · entity-resolved
Community Housing Sonoma County
Entity
Mailing address
131 STONY CIR STE A, SANTA ROSA, CA 95401-9500
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
—
Community Housing Sonoma County
Community Housing Sonoma County
Intrafamily Transfer
related
—
Nov 2, 2022
—
Community Housing Sonoma County
—
Deed
related
$410,000 · Housing Authority Of The City Of Santa R
Mar 12, 2020
—
Community Housting Sonoma County
—
Deed
related
$285,000 · Housing Authority Of The City Of Santa R
Feb 15, 2008
—
Community Housing Sonoma Cnty
Vietnam Veterans Of California
Grant Deed
—
Feb 15, 2008
$1,400,000
Community Housing Sonoma County
Andre Gabany
Grant Deed
$245,407 · Housing Authority Of The City Of Sa
—
—
Vietnam Veterans Of Ca INC
—
Deed Of Trust
related
$954,433 · Department Of Hsng Com Dev
—
—
Community Housing Sonoma Count
—
Deed Of Trust
related
$168,342 · Sonoma County Community Dev Co
—
—
Community Housing Sonoma Count
—
Deed Of Trust
related
$92,500 · First Community Bank
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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