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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Apartment buildings
39 Nelson Ave Oroville, CA 95965-3457
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2904974
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Construction
WOOD
Total area
54,209 SF
Lot
5.8 ac (252,648 SF)
Zoning code
R2M
APN
031-140-070-000
UPID
US09-2904974
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
$2.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.19M
Owner & transaction history
Hpd Oroville II LP · 4 yrs held
Hpd Oroville II LP
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
R2M · Oroville, 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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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
$2,000,000
ML approach
$2,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $2.20M (Dec 10 2021)
Last sale anchor
$2.20M
Dec 10 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
$40 / 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
$34,039
Tax year 2024
Assessed value
$6,137,148
Assessed 2024
Previous assessed
$6,137,148
+0.0% YoY
Effective rate
0.55%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$5,096,748
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
1980
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Bathrooms
64
Total area
54,209 SF
Lot
5.8 ac (252,648 SF)
Zoning code
R2M
APN
031-140-070-000
UPID
US09-2904974
Jurisdiction
BUTTE
Zoning & alternative use
R2M · Oroville, CA
Zoning R2M · permitted uses
R2M · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Bathrooms
64
Lot
5.8 ac
Current owner
From public records · entity-resolved
Hpd Oroville II LP
Entity
Mailing address
701 S MYRTLE AVE, MONROVIA, CA 91016-3422
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
—
Hpd Oroville II LP
—
Deed
related
$3,800,000 · Bonneville Mortgage Co
Jul 8, 2022
—
Hpd Oroville II LP
—
Deed
related
—
Dec 10, 2021
$2,200,000
Hpd Oroville II LP
Hpd Willows Oroville LP
Grant Deed
$1,900,000 · Jpmorgan Chase Bank NA
Dec 10, 2021
—
Hpd Willows Oroville LP
—
Deed
related
$225 · Hpd Oroville II LP
Jul 1, 2019
—
Hpd Willows-oroville LP
—
Deed
related
$855,083 · Century Hsng
Jul 24, 2003
—
Oroville Apts
Web Service Co INC
Quit Claim Deed
related
—
Jul 24, 2003
$1,023,000
Hpd Willows-oroville LP
Oroville Apts
Grant Deed
related
$1,200,000 · Us Bank NA
Jan 1, 1978
—
Oroville Apts|oroville Apartments
—
Grant Deed
related
—
—
—
Hpd Willows-oroville LP
—
Deed Of Trust
related
$855,083 · Century Hsng
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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