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Property profile & analytics
OFF-MARKET
Estimated value
$4,985,000
Apartment buildings
4928 Vir Mar St Fair Oaks, CA 95628-4611
Trust Owned
Property ID
US09-3101788
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
44,204 SF
Lot
2.13 ac (92,782 SF)
Zoning code
RD-30
APN
242-0343-008-0000
UPID
US09-3101788
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
-
Gey club Joe Mama Apartment Building
-
Car Express INC. Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.99M
Owner & transaction history
The Ricca Family Living Trust
The Ricca Family Living Trust
since 2025
7 recorded transactions
Zoning & alternative use
RD-30 · Fair Oaks, 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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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
$46,618
Tax year 2024
Assessed value
$3,753,461
Assessed 2024
Previous assessed
$3,753,461
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$832,165
Assessed improvement
$2,921,296
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
1962
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
54
Total area
44,204 SF
Lot
2.13 ac (92,782 SF)
Zoning code
RD-30
APN
242-0343-008-0000
UPID
US09-3101788
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · Fair Oaks, CA
Zoning RD-30 · permitted uses
RD-30 · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
54
Lot
2.13 ac
Current owner
From public records · entity-resolved
The Ricca Family Living Trust
Trust
Mailing address
PO BOX 1124, FAIR OAKS, CA 95628-1124
Ownership since
2025
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
Oct 29, 2025
$2,071,500
The Ricca Family Living Trust
The Ricca Family Living Trust
Grant Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Nov 5, 2024
—
Salvadore Tony Ricca JR
Salvadore T Ricca JR
Deed
related
—
Dec 16, 2016
—
Salvadore T Ricca JR
—
Deed
related
$3,175,000 · Luther Burbank Svgs
Jul 10, 2013
—
Salvadore T Ricca JR.
Ricca,salvadore JR & Constance
Quit Claim Deed
related
$2,500,000 · American West Bank
Dec 7, 2012
—
Salvadore T Ricca JR.
Ricca,salvadore JR & Constance
Quit Claim Deed
related
—
Dec 19, 1991
$2,165,000
Salvadore Ricca
Lew Trust
Grant Deed
$1,515,000 · World Savings & Loan
—
—
Salvadore Ricca
—
Deed Of Trust
related
$2,175,000 · La Jolla Savings Bank
—
—
Salvadore T Ricca JR
—
Deed Of Trust
related
$3,175,000 · Luther Burbank Svgs
—
—
Salvadore Ricca JR.
—
Deed Of Trust
related
$2,758,000 · La Jolla Bank
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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