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Property profile & analytics
OFF-MARKET
Estimated value
$8,645,000
Apartment buildings
2828 La Loma Dr, Rancho Cordova, CA 95670-3379
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US09-0606585
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
59,850 SF
Lot
3.39 ac (147,668 SF)
Zoning code
RD 20
APN
076-0033-017-0000
UPID
US09-0606585
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
$8.65M
Owner & transaction history
Senobar LLC · 6 yrs held
Senobar LLC
since 2019
7 recorded transactions
Zoning & alternative use
RD 20 · Rancho Cordova, 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 Rancho Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Cordova 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,980,000
Change: -18% · Conversion: Moderate
RETAIL STORES
$13,770,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$8.65M
Range $7.78M – $9.51M · ±10%
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
$144 / 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
$85,006
Tax year 2024
Assessed value
$7,054,538
Assessed 2024
Previous assessed
$7,054,538
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,706,743
Assessed improvement
$5,347,795
Applied tax rate
8.0000
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
1973
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
75
Total area
59,850 SF
Lot
3.39 ac (147,668 SF)
Zoning code
RD 20
APN
076-0033-017-0000
UPID
US09-0606585
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD 20 · Rancho Cordova, CA
Zoning RD 20 · permitted uses
RD 20 · Rancho Cordova, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Cordova. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$14.0M
RETAIL STORES
Est. value
$13.8M
COMMERCIAL (GENERAL)
RETAIL STORES
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
1973
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
75
Lot
3.39 ac
Current owner
From public records · entity-resolved
Senobar LLC
Entity
Mailing address
680 W SAN MARTIN AVE, SAN MARTIN, CA 95046-9467
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2019
—
Senobar LLC
Morgan Hill Partners LLC
Grant Deed
related
$6,500,000 · Morgan Stanley Bk
Oct 19, 2016
—
Morgan Hill Partners LLC
—
Deed
related
$1,250,000 · Barakat Marseille Trust (rt)
Sep 20, 2016
—
Morgan Hill Partners LLC
Evilsizor,john & Mary
Grant Deed
related
—
Aug 1, 2016
$6,200,000
Morgan Hill Partners LLC
John Evilsizor
Grant Deed
$4,030,000 · First Community Bank
May 3, 2016
—
John Evilsizor
Evilsizor,john L
Quit Claim Deed
related
—
Jul 31, 2003
—
John Evilsizor
Continental Terrace Joint
Grant Deed
$4,387,500 · Washington Mutual Fsb
Jul 25, 2001
—
Alter Trust
Alter Trust
Quit Claim Deed
related
$2,850,000 · California Federal Bank
Apr 19, 2000
—
David L Alter
Alter,david L
Quit Claim Deed
related
—
Dec 1, 1999
—
David L Alter
Alter,colleen M
Quit Claim Deed
related
—
Dec 1, 1999
$2,600,000
Alter,david L
Laders Oaks Associates
Trustees Deed
—
Dec 1, 1999
$1,730,500
Continental Terrace Joint Vent
Continental Terrace Joint Vent
Trustees Deed
related
$1,950,000 · Washington Mutual Fsb
—
—
Morgan Hill Partners LLC
—
Deed Of Trust
related
$1,250,000 · Barakat Marseille Trust (rt)
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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