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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Apartment buildings
661 Walnut St West Sacramento, CA 95691-2488
Entity Owned
1-yr Hold
Free & Clear
Property ID
US10-1782472
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Construction
WOOD
Total area
3,730 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R-2
APN
008-131-009-000
UPID
US10-1782472
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
$1.12M
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$975k
Owner & transaction history
Portale Properties LLC · 1 yrs held
Portale Properties LLC
since 2025
Last sale
$910,000
7 recorded transactions
Zoning & alternative use
R-2 · West Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+20.4%
Commercial (general)
$1.1M
+18.0%
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 West Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Sacramento 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
$1,025,000
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$745,000
7%
$695,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$925,000
Current use
OFFICE BUILDING
$1,115,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,090,000
Change: +18% · Conversion: Moderate
AUTO REPAIR, GARAGE
$795,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $910k (Dec 20 2023)
Last sale anchor
$910k
Dec 20 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
$261 / 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
$10,836
Tax year 2023
Assessed value
$910,000
Assessed 2024
Previous assessed
$910,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$180,000
Assessed improvement
$730,000
Applied tax rate
4.0000
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
1954
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
23
Total area
3,730 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R-2
APN
008-131-009-000
UPID
US10-1782472
Jurisdiction
YOLO
Zoning & alternative use
R-2 · West Sacramento, CA
Zoning R-2 · permitted uses
R-2 · West Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$925,000
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$795,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1954
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
23
Lot
0.5 ac
Current owner
From public records · entity-resolved
Portale Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1043 HAZELWOOD AVE, SAN JOSE, CA 95125-2545
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Portale Properties LLC
661 Walnut Street LLC
Grant Deed
—
May 1, 2025
$1,034,000
Jose A Ramirez
Portale Properties LLC
Grant Deed
—
Dec 20, 2023
$910,000
661 Walnut Street LLC
Mlicah G Woong
Grant Deed
—
Sep 24, 2021
$805,000
Micah G Woong
S K Management Associates LLC
Grant Deed
$510,718 · Umpqua Bank
Mar 22, 2006
—
Sk Management Associates LLC
Cedar-applebaum,carol
Grant Deed
—
Sep 22, 2000
—
Koester Trust
Koester,wilbur J
Quit Claim Deed
related
—
May 28, 1998
—
Wilbur J Koester
Koester,wilbur
Quit Claim Deed
related
$93,750 · Washington Mutual Fsb
Aug 2, 1996
—
Wilbur Koester
Koester,sybil
Quit Claim Deed
related
—
Aug 2, 1996
$124,000
Koester,wilbur
H2m Co
Trustees Deed
$104,000 · Seller
Sep 11, 1992
$128,000
H2m Co
Bank Woodland
Grant Deed
$110,600 · Seller
Aug 10, 1992
$65,313
Bank Woodland
Mcdaj,
Trustees Deed
related
—
—
—
Investment Mcdaj
—
Deed Of Trust
related
$57,500 · Meschini Andrea
—
—
Mcdaj
—
Deed Of Trust
related
$60,000 · Bank Of Woodland
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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