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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Apartment buildings
312 Elefa St Roseville, CA 95678-1533
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9323603
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1926
Construction
WOOD
Total area
4,343 SF
Lot
0.56 ac (24,234 SF)
Zoning code
R3
APN
011-092-009-000
UPID
US09-9323603
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
$995k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Marvin Ong · 21 yrs held
Marvin Ong
since 2005
5 recorded transactions
Zoning & alternative use
R3 · Roseville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-3, multi family housing district is intended for a range of high density and multiple family housing. The types of land use intended for the R-3 zoning district include apartments, condominiums, townhomes, small lot cluster housing, and similar and related compatible uses.
Zone name
Multifamily Housing
General category
RESIDENTIAL
Zone area
903.27 ac
Source
Realmo
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 Roseville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roseville 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%
$1,080,000
6.5%
$995,000
7%
$925,000
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$190 / 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
$9,576
Tax year 2024
Assessed value
$911,489
Assessed 2024
Previous assessed
$911,489
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$273,305
Assessed improvement
$638,184
Applied tax rate
5.0000
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
1926
Construction
WOOD
Heating
NONE
Units
6
Bathrooms
2
Total area
4,343 SF
Lot
0.56 ac (24,234 SF)
Zoning code
R3
APN
011-092-009-000
UPID
US09-9323603
Jurisdiction
PLACER
Zoning & alternative use
R3 · Roseville, CAZoning R3 · permitted uses
R3 · Roseville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-3, multi family housing district is intended for a range of high density and multiple family housing. The types of land use intended for the R-3 zoning district include apartments, condominiums, townhomes, small lot cluster housing, and similar and related compatible uses.
Zone name
Multifamily Housing
General category
RESIDENTIAL
Zone area
903.27 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1926
Construction
WOOD
Heating
NONE
Units
6
Bathrooms
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Marvin Ong
Individual
Mailing address
520 THORNLEY WAY, SACRAMENTO, CA 95864-6020
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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 21, 2005
$345,500
Marvin Ong
Mehalakis,steve & Maria
Grant Deed
$125,014 · Ncs Exchange Professional
Feb 9, 2005
—
Steve Mehalakis
Mehalakis Trust
Quit Claim Deed
related
—
Jun 30, 2003
—
Mehalakis,tr
Lesvox Residential INC
Grant Deed
related
$325,000 · Placer Sierra Bank
Jun 6, 2003
—
Steve-mary Mehalakis
Mehalakis,tr
Quit Claim Deed
related
—
—
—
Steve Mehalakis
—
Deed Of Trust
related
$150,000 · American Savings Bank
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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