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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Apartment buildings
2735 21st St Sacramento, CA 95818-3143
Entity Owned
Absentee Owner
Property ID
US09-2444010
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
7,593 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R-1
APN
013-0021-024-0000
UPID
US09-2444010
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
$1.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
Camellia Place LLC
Camellia Place LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
R-1 · Sacramento, 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 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%
$1,990,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,520,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,380,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.40M (Dec 11 2025)
Last sale anchor
$2.40M
Dec 11 2025
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
$277 / 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
$31,425
Tax year 2024
Assessed value
$2,565,692
Assessed 2024
Previous assessed
$2,565,692
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$814,328
Assessed improvement
$1,751,364
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
1966
Construction
WOOD
Heating
NONE
Buildings
2
Units
12
Total area
7,593 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R-1
APN
013-0021-024-0000
UPID
US09-2444010
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-1 · Sacramento, CA
Zoning R-1 · permitted uses
R-1 · 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
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
WOOD
Heating
NONE
Buildings
2
Units
12
Lot
0.28 ac
Current owner
From public records · entity-resolved
Camellia Place LLC
Entity
Mailing address
2012 P ST STE #201, SACRAMENTO, CA 95811-5248
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
$2,400,000
Camellia Place LLC
The Kaljian Living Trust
Grant Deed
$1,525,000 · Jpmorgan Chase Bank NA
May 21, 2018
$2,300,000
Kaljian Living Trust
120 Park Street Associates LLC
Grant Deed
$350,000 · Jp Morgan Chase Bk
Jun 5, 2015
$1,425,000
120 Park Street Associates LLC
Raymond Scott
Grant Deed
—
Dec 10, 2014
—
Scott Raymond
Raymond,lisa
Quit Claim Deed
related
—
Dec 10, 2014
$1,110,000
Scott Raymond
Kearns C L 2001 Trust
Grant Deed
$832,500 · Kearns C L 2001 Trust (pt)
Sep 22, 2004
—
Kearns,clarence L 2001 Trust
Clarence L Kearns
Quit Claim Deed
related
$625,000 · Washington Mutual Bk
Dec 8, 2000
$630,000
Clarence L Kearns
Hinkle Trust
Grant Deed
$441,000 · World Savings Bank
Feb 28, 2000
—
Hinkle Trust
Hinkle Trust
Quit Claim Deed
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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