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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Apartment buildings
6154 Hwy 9th 2, Felton, CA 95018-9707
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-0069215
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
TILT-UP CONCRETE
Total area
3,691 SF
Lot
0.52 ac (22,608 SF)
Zoning code
C-2
APN
065-081-13
UPID
US09-0069215
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
$1.17M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Clausing Family Properties LLC · 1 yrs held
Clausing Family Properties LLC
since 2025
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
C-2 · Felton, 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 Felton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Felton 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
$1,160,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$1,585,000
6.5%
$1,460,000
7%
$1,355,000
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $950k (Jul 12 2023)
Last sale anchor
$950k
Jul 12 2023
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
$309 / 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
$17,055
Tax year 2024
Assessed value
$1,348,950
Assessed 2024
Previous assessed
$1,348,950
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$603,478
Assessed improvement
$745,472
Applied tax rate
90.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
10
Total area
3,691 SF
Lot
0.52 ac (22,608 SF)
Zoning code
C-2
APN
065-081-13
UPID
US09-0069215
Jurisdiction
SANTA CRUZ
Zoning & alternative use
C-2 · Felton, CA
Zoning C-2 · permitted uses
C-2 · Felton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Felton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
10
Lot
0.52 ac
Current owner
From public records · entity-resolved
Clausing Family Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6154 HWY 9TH 9, FELTON, CA 95018-9707
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
Clausing Family Properties LLC
Kenneth W Clausing
Deed
related
—
Feb 20, 2025
—
Kenneth W Clausing
Kenneth W Clausing
Deed
related
—
Dec 26, 2024
—
Clausing Family Properties LLC
Kenneth W Clausing
Deed
related
—
Jul 12, 2023
—
Kenneth W Clausing
Kenneth W Clausing
Intrafamily Transfer
related
—
Mar 29, 2019
—
Kenneth W Clausing
—
Deed
related
$956,800 · Heritage Bk/commerce
Apr 29, 2016
—
Steiger,elizabeth E Trust
Steiger,elizabeth E
Quit Claim Deed
related
—
Mar 11, 2016
—
Elizabeth E Steiger
Steiger,william A
Affidavit Of Death
related
—
Dec 9, 2005
—
Steiger 2005 Trust
Steiger,william A & Elizabeth E
Quit Claim Deed
related
—
Apr 11, 2003
$950,000
William A Steiger
Pace,tr
Grant Deed
$600,000 · Monterey Bay Bank
Dec 6, 2002
—
Pace,tr
Pace,stephen
Quit Claim Deed
related
—
Mar 8, 2001
—
Steven Pace
Slawinski,robert & Carol
Grant Deed
related
—
Aug 22, 1991
$200,909
Robert Slawinski
Rainville,l Herv
Grant Deed
related
$150,000 · Seller
—
—
Kenneth W Clausing
—
Deed Of Trust
related
$956,800 · Heritage Bk/commerce
—
—
Opal F Rainville
—
Deed Of Trust
related
$82,800 · Us Small Business Admn
—
—
Opal F Rainville
—
Deed Of Trust
related
$138,800 · Us Small Business Admn
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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