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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Garden apartment buildings
6624 Lemon Hl Ave 6 Sacramento, CA 95824-2099
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1005674
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1939
Construction
WOOD
Total area
19,769 SF
Lot
2.44 ac (106,286 SF)
Zoning code
R-1
APN
038-0111-015-0000
UPID
US09-1005674
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
$4.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.86M
Owner & transaction history
3re2 LLC · 7 yrs held
3re2 LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-1 · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.2M
+5.9%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,175,000
6.5%
$4,775,000
7%
$4,435,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,855,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,200,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,060,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$5,035,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±10%
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
$195 / 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
$33,258
Tax year 2024
Assessed value
$2,693,099
Assessed 2024
Previous assessed
$2,693,099
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$437,456
Assessed improvement
$2,255,643
Applied tax rate
3.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
22
Total area
19,769 SF
Lot
2.44 ac (106,286 SF)
Zoning code
R-1
APN
038-0111-015-0000
UPID
US09-1005674
Jurisdiction
SACRAMENTO
Zoning & alternative use
R-1 · Sacramento, CA
Zoning R-1 · permitted uses
R-1 · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1939
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
22
Lot
2.44 ac
Current owner
From public records · entity-resolved
3re2 LLC
Entity
Mailing address
1175 FOLSOM ST, SAN FRANCISCO, CA 94103-3930
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
3re2 LLC
—
Deed
related
$2,437,500 · The Golden 1 Cu
Nov 30, 2020
—
3re2 LLC
—
Deed
related
$2,094,000 · Greystone Svcg
Oct 12, 2018
$2,462,500
3re2 LLC
Toor S S & A K 2011 L/tr
Grant Deed
$1,720,000 · Sabal Capital II LLC
Sep 28, 2011
—
Toor S S & A K Living 2011 Trust
Toor,santokh S & Arpinder K
Quit Claim Deed
related
—
Mar 12, 2010
$1,100,000
Santokh Toor
Cpr Properties INC
Grant Deed
—
Dec 9, 2009
$878,900
Crp Properties INC
California Reconveyance Co
Trustees Deed
related
—
Apr 11, 2003
$1,167,000
Maccleave,tr
Gallegos,francisco F
Grant Deed
$870,000 · United Commercial Bank
Mar 16, 1999
$470,000
Francisco F Gallegos
Ruhig,theodore F & Nan I
Grant Deed
$329,000 · Imperial Credit Corp
Nov 8, 1996
$246,408
Theodore F Ruhig
Bruno Trust
Trustees Deed
—
Aug 15, 1994
—
Zacharias Trust
Zacharias,alfred
Quit Claim Deed
related
—
—
—
Michael F Galligan
—
Deed Of Trust
related
$281,902 · Zacharias Trust
—
—
Michael Galligan
—
Deed Of Trust
related
—
—
—
Michael Galligan
—
Deed Of Trust
related
—
—
—
Michael Galligan
—
Deed Of Trust
related
$78,892 · Individual
—
—
Maccleave,tr
—
Deed Of Trust
related
$1,157,000 · Washington Mutual Fsb
—
—
3re2 LLC
—
Deed Of Trust
related
$2,094,000 · Greystone Svcg
—
—
Gregory E Maccleave
—
Deed Of Trust
related
$65,000 · Nancy N Koch
—
—
Gregory E Maccleave
—
Deed Of Trust
related
$65,000 · Nancy M Koch
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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