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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Apartment buildings
3240 Bell St Sacramento, CA 95821-1653
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-3372686
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
10,079 SF
Lot
0.4 ac (17,275 SF)
Zoning code
RD-30
APN
254-0031-038-0000
UPID
US09-3372686
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
$3.21M
CAP Approach
CAP
$2.44M
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$2.42M
Owner & transaction history
Karim & Sons LLC · 5 yrs held
Karim & Sons LLC
since 2020
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
RD-30 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.2M
+10.1%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$3,130,000
ML approach
$3,205,000
CAP Approach
CAP Return
Estimation
6%
$2,640,000
6.5%
$2,435,000
7%
$2,260,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,870,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,160,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,580,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$2,565,000
Change: -11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,385,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10% · vs last sale $1.85M (Dec 24 2020)
Last sale anchor
$1.85M
Dec 24 2020
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
$240 / 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
$24,087
Tax year 2024
Assessed value
$1,963,234
Assessed 2024
Previous assessed
$1,963,234
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$307,750
Assessed improvement
$1,655,484
Applied tax rate
54.0000
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
1961
Construction
WOOD
Heating
NONE
Buildings
2
Units
14
Total area
10,079 SF
Lot
0.4 ac (17,275 SF)
Zoning code
RD-30
APN
254-0031-038-0000
UPID
US09-3372686
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · Sacramento, CA
Zoning RD-30 · permitted uses
RD-30 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1961
Construction
WOOD
Heating
NONE
Buildings
2
Units
14
Lot
0.4 ac
Current owner
From public records · entity-resolved
Karim & Sons LLC
Entity
Mailing address
880 HENSLEY AVE, SAN BRUNO, CA 94066-3146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2020
$1,850,000
Karim & Sons LLC
Hanna Makhoul
Grant Deed
$1,200,000 · Bank Of Hope
Oct 3, 2019
—
Hanna Makhoul
—
Deed
related
$1,100,000 · Cathay Bk
Jan 18, 2018
$1,585,000
Hanna Makhoul
Kykenko Education LLC
Grant Deed
$1,100,000 · Five Star Bk
Feb 13, 2015
$55,000
Kykenko Education LLC|bui Of Do Family Trust
Kykenko Education LLC
Grant Deed
related
—
Oct 31, 2014
$850,000
Kykenko Education LLC
Jeffrey Hammel
Grant Deed
$595,000 · Wells Fargo Bank NA
Feb 28, 2007
—
Jeffrey Hammel
Flom,reynold P JR
Grant Deed
$550,000 · United Commercial Bank
Sep 5, 2003
$910,000
Reynold P Flom
Smith,tr
Grant Deed
$91,000 · Smith Trust
Jan 29, 2002
—
Smith Trust
Smith,george R & Daphne C
Quit Claim Deed
related
—
Jan 30, 2001
$380,000
George Smith
Bridgman Trust
Grant Deed
$304,000 · Abn Amro Mortgage Group INC
Jun 5, 1991
$465,000
Bridgman,joel &
Alloro,omar L
Trustees Deed
$325,500 · American Savings Bank
—
—
Hanna Makhoul
—
Deed Of Trust
related
$1,100,000 · Cathay Bk
—
—
Richard A Beames
—
Deed Of Trust
related
—
—
—
Reynold Flom
—
Deed Of Trust
related
$40,000 · Daphne C Smith
—
—
Richard A Beames
—
Deed Of Trust
related
$55,550 · Donovan Trust
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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