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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Apartment buildings
602 Adams St Davis, CA 95616-3254
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-2038790
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
15,428 SF
Lot
0.71 ac (30,927 SF)
Zoning code
R-3
APN
036-084-001-000
UPID
US09-2038790
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
-
Aggie Garden Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Aggie Garden Apartments LLC · 9 yrs held
Aggie Garden Apartments LLC
since 2017
7 recorded transactions
Zoning & alternative use
R-3 · Davis, 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 Davis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davis 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
$141 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$32,337
Tax year 2023
Assessed value
$2,252,887
Assessed 2023
Previous assessed
$2,252,887
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$544,346
Assessed improvement
$1,708,541
Applied tax rate
1.0000
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
1969
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
3
Bathrooms
1
Total area
15,428 SF
Lot
0.71 ac (30,927 SF)
Zoning code
R-3
APN
036-084-001-000
UPID
US09-2038790
Jurisdiction
YOLO
Zoning & alternative use
R-3 · Davis, CAZoning R-3 · permitted uses
R-3 · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
3
Bathrooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Aggie Garden Apartments LLC
Entity
Mailing address
431 ROOS ST, DAVIS, CA 95618-7201
Ownership since
2017
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
Mar 31, 2017
—
Aggie Garden Apartments LLC
Chen Family Trust
Quit Claim Deed
—
Mar 9, 2016
—
Rieger,roman & Cammy Family Trust
Rieger,cammy & Roman
Quit Claim Deed
related
—
Dec 7, 2012
—
Chen Family Trust
Chen Family Trust
Quit Claim Deed
related
—
Mar 12, 2012
—
Chen Of Rieger Trust
Chen,chao
Quit Claim Deed
related
—
Nov 23, 2011
$438,500
Cammy Rieger
Chien,janet L
Grant Deed
—
Apr 1, 2011
—
Janet L Chein
Chen,lee-jing & Chao
Grant Deed
related
—
Mar 9, 2007
—
Ching Y Chang
Adams Investors
Grant Deed
$725,000 · Washington Mutual Fsb
—
—
Lee-jing Chen
—
Deed Of Trust
related
$1,000,000 · World Savings Bank
—
—
Leejing Chen
—
Deed Of Trust
related
$100,000 · Individual
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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