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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Apartment buildings
500 Pomona Ave Oroville, CA 95965-4559
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0519832
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
1,872 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R1
APN
012-172-010-000
UPID
US09-0519832
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
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$370k
Blend (final)
Blend
$595k
Owner & transaction history
Miguel V Madrigal · 5 yrs held
Miguel V Madrigal
since 2021
Last sale
$620,000
7 recorded transactions
Zoning & alternative use
R1 · Oroville, 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 Oroville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oroville 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
$565,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $620k (May 14 2021)
Last sale anchor
$620k
May 14 2021
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
$318 / 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
$10,434
Tax year 2024
Assessed value
$657,763
Assessed 2024
Previous assessed
$657,763
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$127,344
Assessed improvement
$530,419
Applied tax rate
4.0000
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
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Stories
1
Units
3
Bathrooms
3
Total area
1,872 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R1
APN
012-172-010-000
UPID
US09-0519832
Jurisdiction
BUTTE
Zoning & alternative use
R1 · Oroville, CA
Zoning R1 · permitted uses
R1 · Oroville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oroville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Units
3
Bathrooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Miguel V Madrigal
Individual
Mailing address
2483 MASSACHUSETTS AVE, REDWOOD CITY, CA 94061-3268
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
$620,000
Miguel V Madrigal
Mcgreen Properties
Grant Deed
—
Nov 15, 2013
$376,000
Mcgreen Properties
Pugs Properties LLC
Grant Deed
$300,000 · Pugs Properties LLC
Nov 20, 2009
$216,000
Pugs Properties LLC
Bayview Ln Svcg LLC
Grant Deed
—
Jul 20, 2009
$100
Bayview Ln Svcg LLC
Asset Foreclosure Svcs INC
Trustees Deed
related
—
Feb 5, 2007
—
Peter J Woodard
Woodard,dianna M
Quit Claim Deed
related
—
Feb 5, 2007
$143,500
Peter J Woodard
Woodard,peter J
Grant Deed
related
$286,500 · Interbay Funding LLC
Sep 7, 2006
$595,000
Peter J Woodard
Kim,sun M
Grant Deed
—
Feb 14, 2006
—
Sun M Kim
Kim,sun M
Quit Claim Deed
related
—
Dec 31, 2003
—
Sun M Kim
Kim,young O
Quit Claim Deed
related
$65,000 · Peter Davis
Jan 25, 2002
$440,000
Sun M Kim
Donnelly,ward J
Grant Deed
$352,000 · Ward J Donnelly
Jan 1, 1977
—
Smith,harold D & Sheryn D
—
Grant Deed
related
—
—
—
Sun M Kim
—
Deed Of Trust
related
$600,000 · Call Sharon Trust 006329
—
—
Harold D Smith
—
Deed Of Trust
related
$50,000 · Butte Community 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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