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Property profile & analytics
OFF-MARKET
Estimated value
$18,165,000
Apartment buildings
410 Bell Ave Sacramento, CA 95838-2272
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3150399
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2000
Construction
WOOD
Total area
80,539 SF
Lot
4.42 ac (192,535 SF)
Zoning code
R-2B
APN
237-0100-016-0000
UPID
US10-3150399
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
Current use
Occupant on record · Public records
-
Morningside Creek Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.47M
Comparable Approach
Comparable
$16.89M
Blend (final)
Blend
$18.17M
Owner & transaction history
Red Branch Partners LLC · 8 yrs held
Red Branch Partners LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-2B · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$25.3M
+5.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,085,000
6.5%
$19,465,000
7%
$18,075,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$23,860,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$25,265,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$20,610,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$20,510,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$18.17M
Range $16.35M – $19.98M · ±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
$226 / 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
$190,553
Tax year 2024
Assessed value
$14,696,961
Assessed 2024
Previous assessed
$14,696,961
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,509,917
Assessed improvement
$12,187,044
Applied tax rate
3.0000
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
2000
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
89
Total area
80,539 SF
Lot
4.42 ac (192,535 SF)
Zoning code
R-2B
APN
237-0100-016-0000
UPID
US10-3150399
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-2B · Sacramento, CA
Zoning R-2B · permitted uses
R-2B · 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
$23.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.3M
AUTO REPAIR, GARAGE
Est. value
$20.6M
MEDICAL BUILDING
Est. value
$20.5M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2000
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
89
Lot
4.42 ac
Current owner
From public records · entity-resolved
Red Branch Partners LLC
Entity
Mailing address
2225 E BAYSHORE RD #200, PALO ALTO, CA 94303-3220
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2018
$26,350,000
Red Branch Partners LLC
Morningside Creek LLC
Grant Deed
$18,534,000 · Cbre Multifamily Cap
Aug 29, 2012
—
Morningside Creek II LLC
Riverside Commons LLC
Grant Deed
—
Dec 14, 2006
—
Riverside Commons LLC
Evilsizor,john L & Mary A
Grant Deed
—
Sep 15, 2000
$6,120,000
John L Evilsizor
Creekside Ventures LLC
Grant Deed
$4,500,000 · California Federal Bank
Mar 17, 1998
—
Judith W Woodson-blake
Woodson-blake,william
Quit Claim Deed
related
—
Mar 17, 1998
$400,000
Creekside Ventures LLC
Chally Trust
Grant Deed
$4,575,000 · First Bank California
May 16, 1997
—
Stephanie A Clowdus
Clowdus,richard M
Quit Claim Deed
related
—
Nov 29, 1995
$336,806
Chally Trust
Capital Pacific/norbell
Trustees Deed
—
Dec 29, 1994
$750,000
Cavros Trust
Capital Pacific/norbell
Trustees Deed
—
Apr 30, 1991
$20,000
John Fitzgibbons
Bollenbacher & K
Quit Claim Deed
related
—
Apr 30, 1991
$435,500
Capital Pacific
Fitzgibbons,john
Trustees Deed
related
$435,091 · Seller
—
—
Morningside Creek II LLC
—
Deed Of Trust
related
—
—
—
Pacific Norbell Capital
—
Deed Of Trust
related
$320,000 · Chally Trust
—
—
John L Evilsizor
—
Deed Of Trust
related
$5,257,000 · Citibank West Fsb
—
—
Pacific Norbell Capital
—
Deed Of Trust
related
$100,000 · Individual
—
—
Morningside Creek II LLC
—
Deed Of Trust
related
$8,500,000 · Bank Of The West
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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