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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Apartment buildings
296 California St Auburn, CA 95603-5212
Entity Owned
5-yr Hold
Property ID
US09-9109699
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1915
Construction
WOOD
Total area
6,841 SF
Lot
1 ac (43,560 SF)
Zoning code
R17
APN
002-162-014-000
UPID
US09-9109699
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
$1.18M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.54M
Owner & transaction history
Koinonia Group LLC · 5 yrs held
Koinonia Group LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
R17 · Auburn, 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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$1,260,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10% · vs last sale $1.55M (Mar 1 2021)
Last sale anchor
$1.55M
Mar 1 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
$224 / 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
$22,626
Tax year 2024
Assessed value
$1,654,172
Assessed 2024
Previous assessed
$1,654,172
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$397,953
Assessed improvement
$1,256,219
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
Year built
1915
Construction
WOOD
Heating
NONE
Units
6
Total area
6,841 SF
Lot
1 ac (43,560 SF)
Zoning code
R17
APN
002-162-014-000
UPID
US09-9109699
Jurisdiction
PLACER
Zoning & alternative use
R17 · Auburn, CA
Zoning R17 · permitted uses
R17 · Auburn, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Construction
WOOD
Heating
NONE
Units
6
Lot
1 ac
Current owner
From public records · entity-resolved
Koinonia Group LLC
Entity
Mailing address
PO BOX 429, LINCOLN, CA 95648-0429
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
—
Koinonia Group LLC
—
Deed
related
$1,125,000 · Jpmorgan Chase Bank NA
Mar 1, 2021
$1,550,000
Koinonia Group LLC
Blue Marble Compound LLC
Grant Deed
$1,020,000 · The Mark Kramer And Gia Kramer Revo
Aug 12, 2016
—
Blue Marble Compound LLC
—
Deed
related
$675,000 · Private Individual
Jan 8, 2008
—
Blue Marble Compound LLC
Ishii Living Trust
Grant Deed
—
Oct 10, 2007
—
Ishii Living Trust
Ishii,hiroshi & Ione
Quit Claim Deed
related
—
Jul 19, 2006
$975,000
Ishii,hiroshi & Ione
Karst Joyce M B Trust
Grant Deed
$675,000 · Karst Joyce M B Trust
Jul 19, 2006
—
Karst Joyce M B Trust
Karst,joyce
Quit Claim Deed
related
—
Apr 8, 2003
—
Sparling,tr
Sparling,tr
Quit Claim Deed
related
—
Apr 8, 2003
$750,000
Joyce Karst
Sparling,tr
Grant Deed
—
Apr 19, 2001
$69,500
Margaret H Ahern
Sparling,david S & Alice L
Quit Claim Deed
related
—
Aug 18, 1997
—
Sparling Trust
Sparling,david S & Lice L
Quit Claim Deed
related
—
—
—
Blue Marble Compound LLC
—
Loan Modification
related
$675,000 · Private Individual
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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