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Property profile & analytics
OFF-MARKET
Estimated value
$2,620,000
Apartment buildings
2404 26th Ave Sacramento, CA 95822-2268
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-5487156
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Construction
WOOD
Total area
9,438 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C-2-EA-3
APN
019-0171-001-0000
UPID
US09-5487156
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
by Request
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.62M
Owner & transaction history
Hollywood Garden Apartments LLC · 5 yrs held
Hollywood Garden Apartments LLC
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C-2-EA-3 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+5.9%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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%
$2,405,000
6.5%
$2,220,000
7%
$2,060,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,795,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,960,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,415,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$2,405,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$2.62M
Range $2.36M – $2.88M · ±10% · vs last sale $2.60M (Apr 2 2021)
Last sale anchor
$2.60M
Apr 2 2021
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
$278 / 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
$33,540
Tax year 2024
Assessed value
$2,757,959
Assessed 2024
Previous assessed
$2,757,959
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$297,138
Assessed improvement
$2,460,821
Applied tax rate
3.0000
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
1974
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
14
Total area
9,438 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C-2-EA-3
APN
019-0171-001-0000
UPID
US09-5487156
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-EA-3 · Sacramento, CA
Zoning C-2-EA-3 · permitted uses
C-2-EA-3 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1974
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
14
Lot
0.44 ac
Current owner
From public records · entity-resolved
Hollywood Garden Apartments LLC
Entity
Mailing address
893 SEA IS LN, FOSTER CITY, CA 94404-1462
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Apr 2, 2021
$2,599,000
Hollywood Garden Apartments LLC
Pancurak Management LLC
Grant Deed
$1,039,000 · Jpmorgan Chase Bank NA
Jun 28, 2019
$1,400,000
Pancurak Management LLC
Agsre Associates LLC
Grant Deed
$1,290,000 · Conventus LLC
May 24, 2013
$835,000
Agsre Associates LLC
Subba Naidu
Grant Deed
$500,000 · Us Bank NA
Aug 2, 2000
$401,000
Subba Naidu
Washington Mutual Fsb
Grant Deed
$1,000,000 · Washington Mutual Fsb
Apr 21, 2000
$332,000
Washington Mutual Fsb
Wong,john & S J
Trustees Deed
related
—
—
—
Subba Naidu
—
Deed Of Trust
related
$300,000 · Willamette Select Mtg Fund LLC
—
—
Pancurak Management LLC
—
Deed Of Trust
related
$550,000 · James Rando
—
—
Sybba Naidu
—
Deed Of Trust
related
$126,000 · Goodin Realty Co INC
—
—
Subba Naidu
—
Deed Of Trust
related
$300,000 · William D & Tori R Wickland
—
—
Pancurak Management LLC
—
Deed Of Trust
related
$1,300,000 · Conventus 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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