Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Apartment buildings
3500 Jefferson Blvd West Sacramento, CA 95691-5752
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1854050
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1927
Construction
WOOD
Total area
4,263 SF
Lot
2 ac (87,120 SF)
Zoning code
RRA
APN
045-182-021-000
UPID
US09-1854050
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
$1.15M
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.15M
Owner & transaction history
Horacio Aceves · 1 yrs held
Horacio Aceves
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
RRA · West Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+20.4%
Commercial (general)
$1.2M
+18.0%
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
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$855,000
7%
$795,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,055,000
Current use
OFFICE BUILDING
$1,275,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,245,000
Change: +18% · Conversion: Moderate
AUTO REPAIR, GARAGE
$910,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Sep 4 2024)
Last sale anchor
$1.15M
Sep 4 2024
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
$270 / 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
$15,358
Tax year 2023
Assessed value
$1,200,690
Assessed 2024
Previous assessed
$1,200,690
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$416,160
Assessed improvement
$784,530
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
1927
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
27
Bathrooms
2
Total area
4,263 SF
Lot
2 ac (87,120 SF)
Zoning code
RRA
APN
045-182-021-000
UPID
US09-1854050
Jurisdiction
YOLO
Zoning & alternative use
RRA · West Sacramento, CA
Zoning RRA · permitted uses
RRA · West Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1927
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
27
Bathrooms
2
Lot
2 ac
Current owner
From public records · entity-resolved
Horacio Aceves
Individual
Mailing address
7671 EL RITO WAY, SACRAMENTO, CA 95831-5407
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
Horacio Aceves
Horacio Navarro Aceves
Intrafamily Transfer
related
—
Jul 8, 2021
$1,150,000
Horacio Aceves
Darshan Kahion
Grant Deed
—
Apr 5, 2019
—
Ks Housing LLC
Singh,see
Quit Claim Deed
related
—
Apr 5, 2019
$950,000
Darshan Kahlon
Ks Housing LLC
Grant Deed
$560,000 · Suncrest Bank
Aug 15, 2018
—
Ks Housing
—
Deed
related
$18,075 · Miscellaneous Govt Agcy
Jul 27, 2017
—
Ks Housing LLC
—
Deed
related
$412,500 · Velocity Com'l Cap
Mar 23, 2017
—
Ks Housing LLC
Singh,kevin
Quit Claim Deed
—
Sep 23, 2015
—
Kevin Singh
Singh,labh
Quit Claim Deed
related
$240,000 · Barnes Richard A Trust (pt)
Aug 7, 2013
—
Labh Singh
Singh,labh
Quit Claim Deed
related
—
Dec 9, 2011
—
Labh Singh
Singh,kevin
Quit Claim Deed
related
—
Oct 12, 2011
$300,000
Labh Singh
Applegate L E Family Trust
Grant Deed
—
Oct 12, 2011
—
Kevin Singh
Singh,see
Quit Claim Deed
related
$179,900 · Applegate Lloyd E Family Trust
—
—
Labh Singh
—
Loan Modification
related
—
—
—
Ks Housing LLC
—
Deed Of Trust
related
$412,500 · Velocity Com'l Cap
—
—
Ks Housing
—
Deed Of Trust
related
$18,075 · Miscellaneous Govt Agcy
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3500 Jefferson Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.