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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Apartment buildings
2240 Del Oro Ave Oroville, CA 95965-3322
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0104534
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
11,176 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R2M
APN
031-053-039-000
UPID
US09-0104534
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
$1.56M
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.56M
Owner & transaction history
Paul J Maguire · 1 yrs held
Paul J Maguire
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
R2M · Oroville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.7M
+23.1%
Retail stores
$1.5M
+5.5%
Office building
$1.4M
+3.7%
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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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
$1,560,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
$2,115,000
6.5%
$1,955,000
7%
$1,815,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,395,000
Current use
INDUSTRIAL (GENERAL)
$1,715,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,470,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$1,445,000
Change: +4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,190,000
Change: -15% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,170,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.56M (Sep 30 2024)
Last sale anchor
$1.56M
Sep 30 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
$140 / 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
$19,803
Tax year 2024
Assessed value
$886,399
Assessed 2024
Previous assessed
$886,399
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$96,713
Assessed improvement
$789,686
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Units
16
Bathrooms
16
Total area
11,176 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R2M
APN
031-053-039-000
UPID
US09-0104534
Jurisdiction
BUTTE
Zoning & alternative use
R2M · Oroville, CA
Zoning R2M · permitted uses
R2M · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Units
16
Bathrooms
16
Lot
0.81 ac
Current owner
From public records · entity-resolved
Paul J Maguire
Individual
Mailing address
9500 W FLAMINGO RD STE #205, LAS VEGAS, NV 89147-5721
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2025
—
Paul J Maguire
—
Deed
related
$1,282,000 · Mcc Income Fund LP
Sep 30, 2024
$1,560,000
Paul J Maguire
Aurther Atherton Christian
Grant Deed
$1,365,000 · Corevest American Finance Lender Ll
Nov 8, 2016
—
Jls Family Co LLC
Oroville Apartments LLC
Quit Claim Deed
—
Nov 8, 2016
$780,000
Christian A Atherton
Jls Family Co LLC
Grant Deed
$585,000 · Bank Of The West
Sep 6, 2012
—
Oroville Apartments LLC
Equity Smart Investments LP
Grant Deed
—
Sep 6, 2012
$301,000
Equity Smart Investments LP
Unionbancal Mtg Corp
Trustees Deed
related
—
Jul 2, 2007
$865,000
Asaad Qassem
Clark,dennis & Elizabeth
Grant Deed
$648,000 · Union Bank Of California
Apr 10, 2002
$495,000
Dennis Clark
Rosenstein,alexander
Grant Deed
$342,300 · Washington Mutual Fsb
Oct 27, 1999
$283,500
Alexander Rosenstein
Daneilsen,james C & Janice J
Grant Deed
$170,500 · Seller
Jan 1, 1979
$125,000
Danielsen,james C & Janice J
—
Grant Deed
related
—
—
—
Dennis Clark
—
Deed Of Trust
related
$509,000 · Impac Multifamily Capital Corp
—
—
Asaad Qassem
—
Deed Of Trust
related
$100,000 · Rush Funding LLC
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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