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Property profile & analytics
FOR SALE
Apartment buildings
5520 Generals Pl North Highlands, CA 95660
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-2056782
For Sale
1 / 2
$16,500,000
5520 Generals Pl, North Highlands, CA 95660
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1960
Construction
WOOD
Total area
81,134 SF
Lot
3.57 ac (155,509 SF)
Zoning code
RD-30
APN
218-0231-007-0000
UPID
US09-2056782
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
-
The Ridge at McClellan Apartments Real Estate Agency
-
Ridge At Mc Clellan Apartment Building
-
Omega Court Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.95M
CAP Approach
CAP
$16.66M
Comparable Approach
Comparable
$11.50M
Blend (final)
Blend
$13.76M
Owner & transaction history
Ridge Bsd LLC · 5 yrs held
Ridge Bsd LLC
since 2021
Last sale
$13.3M
7 recorded transactions
Zoning & alternative use
RD-30 · 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
Method
Estimation
Statistic approach
$15,835,000
ML approach
$11,950,000
CAP Approach
CAP Return
Estimation
6%
$18,050,000
6.5%
$16,660,000
7%
$15,470,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$21,125,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$20,950,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$18,950,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$13.76M
Range $12.38M – $15.13M · ±10% · vs last sale $13.30M (May 21 2021)
Last sale anchor
$13.30M
May 21 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
$170 / 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
$161,694
Tax year 2024
Assessed value
$14,114,065
Assessed 2024
Previous assessed
$14,114,065
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,366,493
Assessed improvement
$11,747,572
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 (100+ UNITS)
Status
For Sale
Year built
1960
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
106
Total area
81,134 SF
Lot
3.57 ac (155,509 SF)
Zoning code
RD-30
APN
218-0231-007-0000
UPID
US09-2056782
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · North Highlands, CA
Zoning RD-30 · permitted uses
RD-30 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$21.1M
AUTO REPAIR, GARAGE
Est. value
$21.0M
COMMERCIAL (GENERAL)
Est. value
$19.0M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1960
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
106
Lot
3.57 ac
Current owner
From public records · entity-resolved
Ridge Bsd LLC
Entity
Mailing address
825 WIMBLEDON CT, SACRAMENTO, CA 95864-6137
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
$13,300,000
Ridge Bsd LLC
Nicks Realty LLC
Grant Deed
$10,341,000 · Arbor Commercial Funding LLC
Jan 12, 2017
$7,875,000
Nextgen Ridge Of Mcclellan LLC
Three Seas Real Estate I LLC
Grant Deed
$5,837,000 · Cbre Cap Markets
Jun 24, 2011
$1,355,000
Three Seas Real Estate I LLC
Lsref2 Nova Investments II LLC
Grant Deed
$4,450,000 · East West Bank
Jan 14, 2011
$1,100,000
Lsref2 Nova Investments II LLC
Fidelity National Title Co
Trustees Deed
related
—
Oct 29, 2004
$7,095,000
Vandana Sharma
Golden State Property Fund
Grant Deed
$5,300,000 · Citibank West Fsb
Apr 2, 2003
—
Miqueo,tr
Miqueo,pedro & Nelida
Quit Claim Deed
related
—
Feb 19, 2003
$6,000,000
Golden State Property Fund LP
Miqueo,pedro & Nelida
Grant Deed
related
$4,095,000 · Washington Mutual Fsb
Dec 22, 1998
$2,800,000
Pedro Miqueo
Midwestern Investors Group LP
Grant Deed
$1,920,000 · California Bank & Trust
Jul 1, 1997
—
Stanley Finberg
Finberg,stanley
Quit Claim Deed
related
—
Jul 1, 1997
$1,125,500
Finberg,stanley
Toleman,eugene B & Teresa A
Trustees Deed
$644,426 · Seller
Dec 28, 1995
—
Eugene B Toleman
Home Savings Of America
Grant Deed
$1,000,000 · Home Savings Of America
Mar 22, 1995
$1,370,700
Home Savings Of America
Go,ying W & Ning F
Trustees Deed
related
—
Sep 29, 1989
$1,700,000
Starker Services
Great American
Trustees Deed
$1,600,000 · Owens Financial Group INC
Apr 12, 1989
$421,027
Omega Assoc
Crews Michael R
Trustees Deed
related
—
—
—
Ying W Go
—
Deed Of Trust
related
$251,667 · Plymouth Group
—
—
Ying W Go
—
Deed Of Trust
related
$300,750 · Sacramento Housing & Redevelop
—
—
Stanley Finberg
—
Deed Of Trust
related
$65,000 · Individual
—
—
Three Seas Real Estate I LLC
—
Deed Of Trust
related
$700,000 · Jjac Family Trust (pt)
—
—
Ying W Go
—
Deed Of Trust
related
$2,000,000 · Home Savings Of America
—
—
Three Seas Real Estate I LLC
—
Deed Of Trust
related
$4,508,000 · Private Lender
—
—
Pedro Miquero
—
Deed Of Trust
related
$3,291,250 · Washington Mutual Fsb
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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