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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Apartment buildings
324 4th St West Sacramento, CA 95605-2941
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US09-0446417
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
TILT-UP CONCRETE
Total area
5,950 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R-2
APN
010-481-006-000
UPID
US09-0446417
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
$795k
Owner & transaction history
City Holdings · 25 yrs held
City Holdings
since 2001
7 recorded transactions
Zoning & alternative use
R-2 · West Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential-Medium Density (R-2). The R-2 Zone is intended to provide areas for a variety of housing types at densities in the range of 6.1 to 12.0 units per acre. This zone also provides for public and quasi-public uses, and similar and compatible uses that may be appropriate in a medium density residential environment. Residential densities shall be in the…
Zone name
Residential Medium Density
General category
RESIDENTIAL
Zone area
869.01 ac
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 West Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,270,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$134 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,623
Tax year 2023
Assessed value
$346,130
Assessed 2023
Previous assessed
$346,130
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$86,890
Assessed improvement
$259,240
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
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,950 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R-2
APN
010-481-006-000
UPID
US09-0446417
Jurisdiction
YOLO
Zoning & alternative use
R-2 · West Sacramento, CAZoning R-2 · permitted uses
R-2 · West Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential-Medium Density (R-2). The R-2 Zone is intended to provide areas for a variety of housing types at densities in the range of 6.1 to 12.0 units per acre. This zone also provides for public and quasi-public uses, and similar and compatible uses that may be appropriate in a medium density residential environment. Residential densities shall be in the range of 6.1 to 12.0 units per gross acre. This zone implements the Medium-Density Residential General Plan Land Use Designation.
Zone name
Residential Medium Density
General category
RESIDENTIAL
Zone area
869.01 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.3M
AUTO REPAIR, GARAGE
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
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
City Holdings
Entity
Mailing address
417 MACE BLVD, DAVIS, CA 95618-6053
Ownership since
2001
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
Nov 20, 2020
—
City Holdings LLC
—
Deed
related
$1,600,000 · River City Bank
Jun 15, 2001
—
City Holdings
Knutson,kenneth E & Christy L
Quit Claim Deed
related
—
Jan 31, 2001
$239,000
Kenneth E Knutson
Fnb Real Estate Corp
Grant Deed
$205,000 · California Federal Bank
Aug 30, 2000
$240,000
Fnb Real Estate Corp
Khan,naimat A
Trustees Deed
—
Oct 26, 1993
—
Naimat A Khan
Khan,husan F
Quit Claim Deed
related
$250,000 · San Francisco Federal S & L
Sep 28, 1992
$27,500
Naimat A Khan
Khan,naimat
Grant Deed
related
—
Jan 22, 1991
$260,000
Khan,naimat
Mccray,joel F
Trustees Deed
$125,000 · Individual
—
—
Naimat A Khan
—
Deed Of Trust
related
$238,000 · San Francsico Fed S&
—
—
Naimat A Khan
—
Deed Of Trust
related
$45,000 · Individual
—
—
Naimat A Khan
—
Deed Of Trust
related
$153,000 · Sirbu Steven
—
—
Naimat Khan
—
Deed Of Trust
related
$10,000 · H&h Pacific Corp
—
—
Naimat A Khan
—
Deed Of Trust
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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