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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Apartment buildings
2804 Orange Ave Oroville, CA 95966-5070
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2689363
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Construction
WOOD
Total area
9,294 SF
Lot
0.58 ac (25,264 SF)
Zoning code
R2
APN
013-033-021-000
UPID
US10-2689363
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$590k
Blend (final)
Blend
$605k
Owner & transaction history
Joshua Ilan Lateiner · 5 yrs held
Joshua Ilan Lateiner
since 2021
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
R2 · Oroville, 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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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
$590,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$990,000
Change: -5% · Conversion: Moderate
WAREHOUSE, STORAGE
$975,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$940,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $650k (May 25 2021)
Last sale anchor
$650k
May 25 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
$65 / 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
$16,465
Tax year 2024
Assessed value
$710,117
Assessed 2024
Previous assessed
$710,117
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$109,363
Assessed improvement
$600,754
Applied tax rate
4.0000
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
1958
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Stories
1
Units
16
Bathrooms
16
Total area
9,294 SF
Lot
0.58 ac (25,264 SF)
Zoning code
R2
APN
013-033-021-000
UPID
US10-2689363
Jurisdiction
BUTTE
Zoning & alternative use
R2 · Oroville, CA
Zoning R2 · permitted uses
R2 · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$990,000
WAREHOUSE, STORAGE
Est. value
$975,000
OFFICE BUILDING
Est. value
$940,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE 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
1958
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Units
16
Bathrooms
16
Lot
0.58 ac
Current owner
From public records · entity-resolved
Joshua Ilan Lateiner
Individual
Free & Clear · 5 yrs held
Mailing address
1070 LELAND DR, LAFAYETTE, CA 94549-4130
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
—
Joshua Ilan Lateiner
Kristen Helen Lateiner
Intrafamily Transfer
related
—
Nov 30, 2018
$650,000
Maiuu Partners LLC
Brk Holdings LLC
Grant Deed
—
Nov 30, 2018
—
Kristen H Lateiner
Lateiner,joshua
Quit Claim Deed
related
—
Aug 17, 2012
$425,000
Brk Holdings LLC
Salinas E & S Family Trust
Grant Deed
—
Apr 3, 2009
—
Salinas E & S Family Trust
Salinas,ernest & Sonia
Quit Claim Deed
related
—
Nov 1, 2004
$750,000
Ernest Salinas
Heinz Richard W Trust
Grant Deed
$535,000 · Heinz Richard W Trust
Feb 5, 2004
—
Heinz,tr
Heinz,richard W
Quit Claim Deed
related
—
Nov 30, 2000
$300,000
Richard W Heinz
Duggan,john J & Marie A
Grant Deed
$210,000 · Mid Valley Title & Escrow Co
Jul 23, 1986
$123,500
Duggan John J
—
Grant Deed
related
—
Jan 1, 1982
$262,000
—
—
Grant Deed
related
—
—
—
Richard W Heinz
—
Deed Of Trust
related
$215,000 · Washington Mutual Fsb
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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