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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Apartment buildings
232 Almond Ave Manteca, CA 95337-4458
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-1525839
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Construction
WOOD
Total area
4,320 SF
Lot
0.31 ac (13,312 SF)
Zoning code
10
APN
217-050-050-000
UPID
US09-1525839
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
-
Adapt Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
The Mark Ekpendu Trust
The Mark Ekpendu Trust
since 2025
7 recorded transactions
Zoning & alternative use
10 · Manteca, CA
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 Manteca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manteca 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$760,000
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
$146 / 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
$6,348
Tax year 2024
Assessed value
$571,460
Assessed 2024
Previous assessed
$571,460
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$188,521
Assessed improvement
$382,939
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
1983
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
5
Bathrooms
5
Total area
4,320 SF
Lot
0.31 ac (13,312 SF)
Zoning code
10
APN
217-050-050-000
UPID
US09-1525839
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
10 · Manteca, CA
Zoning 10 · permitted uses
10 · Manteca, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manteca. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
5
Bathrooms
5
Lot
0.31 ac
Current owner
From public records · entity-resolved
The Mark Ekpendu Trust
Trust
Free & Clear · 0 yrs held
Mailing address
3128 HUTTON PL, TRACY, CA 95377-6689
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
The Mark Ekpendu Trust
Chibuzor B Mark Ekpendu
Deed
related
—
Nov 26, 2014
$485,000
Chibuzor B Mark Ekpendu
Keith Alan Smith
Grant Deed
$311,500 · Us Bank NA
Nov 26, 2014
—
Chibuzor B Mark-ekpendu
Mark-ekpendu,abigail U
Quit Claim Deed
related
—
Mar 18, 2008
—
Smith L S & D G Living Trust
Smith,larry & Doreen
Quit Claim Deed
related
—
Sep 23, 2005
$650,000
Larry Smith
Mohr Patricia Trust
Grant Deed
—
May 4, 1995
—
Mohr Trust
Mohr,patricia A
Quit Claim Deed
related
—
Dec 31, 1991
—
Patricia A Mohr
—
Deed Of Trust
related
—
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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