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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Apartment buildings
40 Sunrise Ave Colfax, CA 95713
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US09-9271253
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1940
Construction
WOOD
Total area
5,256 SF
Lot
0.59 ac (25,566 SF)
Zoning code
RM1
APN
006-075-002-000
UPID
US09-9271253
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
$443k
Blend (final)
Blend
$645k
Owner & transaction history
40 Sunrise Investors LLC · 6 yrs held
40 Sunrise Investors LLC
since 2019
7 recorded transactions
Zoning & alternative use
RM1 · Colfax, CA
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 Colfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colfax 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
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$123 / 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
$8,084
Tax year 2024
Assessed value
$775,805
Assessed 2024
Previous assessed
$775,805
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$64,330
Assessed improvement
$711,475
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1940
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
CENTRAL
Units
5
Bathrooms
5
Total area
5,256 SF
Lot
0.59 ac (25,566 SF)
Zoning code
RM1
APN
006-075-002-000
UPID
US09-9271253
Jurisdiction
PLACER
Zoning & alternative use
RM1 · Colfax, CAZoning RM1 · permitted uses
RM1 · Colfax, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
title 17 zoning 2
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Units
5
Bathrooms
5
Lot
0.59 ac
Current owner
From public records · entity-resolved
40 Sunrise Investors LLC
Entity
Mailing address
4071 WHITE ML CRES RD, ROSEVILLE, CA 95747-6343
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2019
$700,000
40 Sunrise Investors LLC
Freddi,mark L
Grant Deed
$200,000 · Mark Freddi
Apr 14, 2014
$375,000
Mark L Freddi
Piatt,leslie D
Grant Deed
—
Feb 27, 2009
$595,000
Leslie D Piatt
Piatt,leslie D
Grant Deed
related
—
Feb 4, 2003
—
Leslie D Piatt
Piatt,leslie D
Quit Claim Deed
related
—
Feb 7, 2000
$239,000
Leslie D Piatt
Onshore Properties
Grant Deed
$176,000 · Seller
Jul 2, 1999
$115,000
Onshore Properties
Reise,melvin W
Grant Deed
—
Mar 1, 1999
—
Melvin Reise
Reise Trust
Quit Claim Deed
related
—
Jul 18, 1991
$117,500
Mel Reise
Evins,jim L
Grant Deed
related
$50,000 · Seller
—
—
Leslie D Piatt
—
Deed Of Trust
related
$117,300 · Bank Of The West
—
—
Leslie D Piatt
—
Deed Of Trust
related
$200,000 · Citizens Bank Nevada County
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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