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Property profile & analytics
OFF-MARKET
Apartment buildings
5848 Black Olive Dr, Paradise, CA 95969-4636
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1333059
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2023
Construction
WOOD
Total area
1,436 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C2
APN
052-160-019-000
UPID
US09-1333059
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
West Family Properties LLC · 1 yrs held
West Family Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
C2 · Paradise, 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 Paradise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paradise 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
—
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
$10,083
Tax year 2024
Assessed value
$1,050,000
Assessed 2024
Previous assessed
$1,050,000
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$180,000
Assessed improvement
$870,000
Applied tax rate
5.0000
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
2023
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
4
Total area
1,436 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C2
APN
052-160-019-000
UPID
US09-1333059
Jurisdiction
BUTTE
Zoning & alternative use
C2 · Paradise, CA
Zoning C2 · permitted uses
C2 · Paradise, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paradise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
4
Lot
0.5 ac
Current owner
From public records · entity-resolved
West Family Properties LLC
Entity
Mailing address
PO BOX 937, PARADISE, CA 95967-0937
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
—
West Family Properties LLC
West Family Homes INC
Deed
related
—
Dec 28, 2023
—
West Family Properties LLC
West Family Homes INC
Grant Deed
—
Aug 25, 2023
—
West Family Homes INC
—
Deed
related
$650,000 · The West Family Trust
Sep 16, 2022
$350,000
West Family Homes INC
David C Schott
Grant Deed
—
May 15, 2012
—
Schott David C Inter Vivos Trust
Schott,david C
Quit Claim Deed
related
—
Jun 21, 2011
—
David C Schott
Schott,david C
Quit Claim Deed
related
$130,000 · Rita J Roberts
Dec 31, 2003
—
David C Schott
Schott,tr
Quit Claim Deed
related
—
Mar 8, 2002
—
Schott Trust
Schott,rudolf A
Quit Claim Deed
related
—
Mar 7, 2002
—
Rudolf A Schott
Schott Trust
Quit Claim Deed
related
$90,000 · Butte Community Bank
Jul 24, 1991
—
Schott Rudolf A Living Trust
Schott,rudolf A
Quit Claim Deed
related
—
Jan 1, 1977
—
—
—
Grant Deed
related
—
—
—
Schott Trust
—
Deed Of Trust
related
$40,000 · Heustis Trust
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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