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Property profile & analytics
OFF-MARKET
Estimated value
$1,835,000
Apartment buildings
251 Hawthorne St Eureka, CA 95501-3634
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-1296356
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
WOOD
Total area
550 SF
Lot
1.14 ac (49,658 SF)
Zoning code
RM-2500
APN
009-124-011-000
UPID
US09-1296356
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
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.84M
Owner & transaction history
Environmental Alternatives · 5 yrs held
Environmental Alternatives
since 2021
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
RM-2500 · Eureka, 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 Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka 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
$1,815,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±10% · vs last sale $1.76M (Mar 30 2021)
Last sale anchor
$1.76M
Mar 30 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
$3,336 / 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
$19,620
Tax year 2024
Assessed value
$1,870,378
Assessed 2024
Previous assessed
$1,870,378
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$424,483
Assessed improvement
$1,445,895
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
1949
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
4
Bathrooms
1
Total area
550 SF
Lot
1.14 ac (49,658 SF)
Zoning code
RM-2500
APN
009-124-011-000
UPID
US09-1296356
Jurisdiction
HUMBOLDT
Zoning & alternative use
RM-2500 · Eureka, CA
Zoning RM-2500 · permitted uses
RM-2500 · Eureka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eureka. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
4
Bathrooms
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Environmental Alternatives
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 3940, QUINCY, CA 95971-3940
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2021
$1,762,500
Environmental Alternatives
Kelly J Martin
Grant Deed
—
Jun 12, 2018
$1,000,000
Kelly J Martin
Olsen,cindy
Grant Deed
—
Jan 7, 2000
$10,000
Cindy Olsen
Retzloff,jack L
Quit Claim Deed
related
—
Jul 11, 1995
—
Jack Retzloff
Jacobson,donald T & Beverly J
Grant Deed
$192,500 · Seller
—
—
Cindy K Olsen
—
Deed Of Trust
related
$130,000 · Coast Central 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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