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Property profile & analytics
OFF-MARKET
Estimated value
$5,320,000
Apartment buildings
4806 Myrtle Ave Sacramento, CA 95841-3633
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0273979
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
24,591 SF
Lot
2.09 ac (91,040 SF)
Zoning code
RD-20
APN
240-0062-076-0000
UPID
US09-0273979
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
-
Oaks at River College Apartments Apartment Building
-
Fuse Service HVAC & Electrical Sacramento Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.32M
Owner & transaction history
Myrtle Oaks Arc LLC · 5 yrs held
Myrtle Oaks Arc LLC
since 2021
7 recorded transactions
Zoning & alternative use
RD-20 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.7M
+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%
$6,440,000
6.5%
$5,945,000
7%
$5,520,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,285,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$7,715,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,290,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$6,260,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$5.32M
Range $4.79M – $5.85M · ±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
$216 / 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
$69,784
Tax year 2024
Assessed value
$5,810,113
Assessed 2024
Previous assessed
$5,810,113
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$679,173
Assessed improvement
$5,130,940
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
1963
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
32
Total area
24,591 SF
Lot
2.09 ac (91,040 SF)
Zoning code
RD-20
APN
240-0062-076-0000
UPID
US09-0273979
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-20 · Sacramento, CA
Zoning RD-20 · permitted uses
RD-20 · 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
$7.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$6.3M
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
32
Lot
2.09 ac
Current owner
From public records · entity-resolved
Myrtle Oaks Arc LLC
Entity
Mailing address
920 RESERVE DR STE #190, ROSEVILLE, CA 95678-1382
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2021
—
Myrtle Oaks Arc LLC
White Peachtree LLC
Grant Deed
—
Dec 30, 2020
$5,475,000
White Peachtree LLC
Camino Cielo Investors LP
Grant Deed
$1,075,000 · Stanford FCU
Oct 3, 2017
$3,000,000
Camino Cielo Investors LP
Envision Investments LLC
Grant Deed
$1,950,000 · Luther Burbank Svgs
Dec 1, 2010
$1,695,000
Envision Investments LLC
Srgs Corporation
Grant Deed
$1,271,250 · Wells Fargo Bank NA
Nov 27, 2007
—
Quincannon C L Living Trust
Quincannon,charlotte
Quit Claim Deed
related
—
Jun 30, 2006
$2,625,000
Srgs Corp
Simkins,gary M & Delores L
Grant Deed
$1,888,000 · United Commercial Bank
Jan 17, 2003
$1,800,000
Delores L Simkins
Quincannon,charlotte
Grant Deed
$1,440,000 · Abn Amro Mortgage Group INC
Jan 27, 1999
—
Wayne M Holveck
Holveck,marla
Quit Claim Deed
related
—
Jan 27, 1999
$278,500
Quincannon,charlotte
Palmisano,david E & Rebecca
Trustees Deed
—
—
—
Delores Simkins
—
Deed Of Trust
related
$1,650,000 · New Century Mortgage
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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