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Property profile & analytics
OFF-MARKET
Apartment buildings
2467 Eye St Arcata, CA 95521-5162
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-1098865
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
0.99 ac (43,184 SF)
Zoning code
RL
APN
505-041-007-000
UPID
US09-1098865
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Craig Klapman · 11 yrs held
Craig Klapman
since 2015
7 recorded transactions
Zoning & alternative use
RL · Arcata, 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 Arcata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcata 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,760
Tax year 2024
Assessed value
$559,676
Assessed 2024
Previous assessed
$559,676
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$223,870
Assessed improvement
$335,806
Applied tax rate
1.0000
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
Heating
NONE
Lot
0.99 ac (43,184 SF)
Zoning code
RL
APN
505-041-007-000
UPID
US09-1098865
Jurisdiction
HUMBOLDT
Zoning & alternative use
RL · Arcata, CA
Zoning RL · permitted uses
RL · Arcata, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcata. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.99 ac
Current owner
From public records · entity-resolved
Craig Klapman
Individual
Mailing address
2488 PO BOX 2392ND ST, MCKINLEYVILLE, CA 95519-2392
Ownership since
2015
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 27, 2018
—
Craig Klapman
—
Deed
related
$275,000 · Coast Ctrl Cu
Apr 30, 2015
$475,000
Craig Klapman
Mangos Thomas & Laurel
Grant Deed
$225,000 · Thomas & Laurel Mangos
Mar 13, 2001
$250,000
Thomas Mangos
Frncis B Mathews Estate
Grant Deed
$200,000 · Greenpoint Mortgage Funding
May 24, 2000
—
Francis B Matthews
Matthews,francis B
Quit Claim Deed
related
—
May 28, 1999
$215,000
Francis B Mathews
Fendrick,harold E & Darlene J
Grant Deed
$172,000 · Humboldt Bank
Oct 23, 1975
—
—
—
Grant Deed
related
—
—
—
Craig Klapman
—
Deed Of Trust
related
$275,000 · Coast Ctrl Cu
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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