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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Apartment buildings
6390 Hwy 9th 2, Felton, CA 95018-9761
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1624082
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
WOOD
Total area
2,385 SF
Lot
0.5 ac (21,736 SF)
Zoning code
SU-GH,C-4
APN
065-044-04
UPID
US09-1624082
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Christopher Allan Frazier · 4 yrs held
Christopher Allan Frazier
since 2021
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
SU-GH,C-4 · 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
$700,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $575k (Jul 20 2021)
Last sale anchor
$575k
Jul 20 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
$262 / 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
$9,358
Tax year 2024
Assessed value
$694,188
Assessed 2024
Previous assessed
$694,188
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$416,513
Assessed improvement
$277,675
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
Year built
1946
Construction
WOOD
Heating
NONE
Stories
2
Units
9
Total area
2,385 SF
Lot
0.5 ac (21,736 SF)
Zoning code
SU-GH,C-4
APN
065-044-04
UPID
US09-1624082
Jurisdiction
SANTA CRUZ
Zoning & alternative use
SU-GH,C-4 · Felton, CA
Zoning SU-GH,C-4 · permitted uses
SU-GH,C-4 · 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
Year built
1946
Construction
WOOD
Heating
NONE
Stories
2
Units
9
Lot
0.5 ac
Current owner
From public records · entity-resolved
Christopher Allan Frazier
Individual
Mailing address
14528 JACKSOL DR, SAN JOSE, CA 95124-3318
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
—
Christopher Allan Frazier
Christopher Allan Frazier
Intrafamily Transfer
related
$735,000 · Luther Burbank Savings
Aug 9, 2017
—
Christopher A Frazier
—
Deed
related
$515,994 · Wells Fargo Bk
Feb 25, 2013
$575,000
Christopher A Frazier
Nesahc 0812 Frazier LLC
Grant Deed
—
Aug 30, 2012
$575,000
Nesahc 0812 Frazier LLC
R Allansmith
Grant Deed
$431,250 · Wells Fargo Bank NA
Aug 30, 2012
—
Allansmith Andrew Tr
Allansmith,robert
Affidavit Of Death
related
—
Sep 27, 1999
—
Allansmith Trust
Allansmith,robert
Quit Claim Deed
related
—
—
—
Christopher A Frazier
—
Loan Modification
related
$515,994 · Wells Fargo Bk
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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