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Property profile & analytics
OFF-MARKET
Estimated value
$5,360,000
Apartment buildings
4981 Harrison St North Highlands, CA 95660-5399
Entity Owned
17-yr Hold
Absentee Owner
Property ID
US09-0096184
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
44,625 SF
Lot
3.87 ac (168,577 SF)
Zoning code
RD-20
APN
228-0380-025-0000
UPID
US09-0096184
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
-
Ark Harrison LLC Apartment Building
-
Harrison Court Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.36M
Owner & transaction history
Ark Harrison LLC · 17 yrs held
Ark Harrison LLC
since 2009
7 recorded transactions
Zoning & alternative use
RD-20 · North Highlands, 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 North Highlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Highlands 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
$120 / 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
$39,426
Tax year 2024
Assessed value
$3,430,120
Assessed 2024
Previous assessed
$3,430,120
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,600,871
Assessed improvement
$1,829,249
Applied tax rate
59.0000
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
60
Total area
44,625 SF
Lot
3.87 ac (168,577 SF)
Zoning code
RD-20
APN
228-0380-025-0000
UPID
US09-0096184
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-20 · North Highlands, CA
Zoning RD-20 · permitted uses
RD-20 · North Highlands, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Highlands. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
60
Lot
3.87 ac
Current owner
From public records · entity-resolved
Ark Harrison LLC
Entity
Mailing address
37625 SYCAMORE ST, NEWARK, CA 94560-3946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2019
—
Ark Harrison LLC
—
Deed
related
$3,550,000 · First Foun Bk
Jul 1, 2009
$3,400,000
Ark Harrison LLC
Robert H Harmssen
Grant Deed
$2,300,000 · Citibank NA
Aug 1, 2003
$4,500,000
Robert H Harmssen
K & C Investments Properties
Grant Deed
$2,965,000 · Washington Mutual Fsb
Aug 1, 2003
—
Robert H Harmssen
Harmssen,valerie
Quit Claim Deed
related
—
Jun 18, 2002
$2,850,000
K LP
Preferred Properties LLC
Grant Deed
related
$2,137,500 · Washington Mutual Fsb
Mar 27, 2002
$1,139,000
Preferred Properties LLC
Johnson,bonnie L
Grant Deed
—
Jan 30, 2001
$2,400,000
Bonnie L Johnson
Em West Investments LLC
Grant Deed
—
Sep 20, 2000
—
Em West Investments LLC
1992 West Family Trust
Grant Deed
related
—
Oct 22, 1999
$2,150,000
West Trust
Bayside Properties
Grant Deed
$1,612,500 · Washington Mutual Fsb
—
—
Partners I Bayside
—
Deed Of Trust
related
$1,310,000 · American Savings Bank
—
—
Ark Harrison LLC
—
Deed Of Trust
related
$3,550,000 · First Foun Bk
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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