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Property profile & analytics
OFF-MARKET
Estimated value
$5,095,000
Apartment buildings
6943 Greenback Ln Citrus Heights, CA 95621-5453
Entity Owned
11-yr Hold
Absentee Owner
Property ID
US09-0249034
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
WOOD
Total area
19,878 SF
Lot
1.93 ac (84,070 SF)
Zoning code
RD20
APN
229-0100-029-0000
UPID
US09-0249034
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
$4.08M
Comparable Approach
Comparable
$6.29M
Blend (final)
Blend
$5.10M
Owner & transaction history
Cavendish Investments LLC · 11 yrs held
Cavendish Investments LLC
since 2014
7 recorded transactions
Zoning & alternative use
RD20 · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.2M
+8.4%
Auto repair, garage
$5.1M
+7.5%
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 Citrus Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Citrus Heights 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%
$4,420,000
6.5%
$4,080,000
7%
$3,790,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,775,000
Current use
MEDICAL BUILDING
$5,175,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,135,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,645,000
Change: -3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,145,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$5.10M
Range $4.59M – $5.60M · ±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
$256 / 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
$31,416
Tax year 2024
Assessed value
$2,605,061
Assessed 2024
Previous assessed
$2,605,061
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$593,498
Assessed improvement
$2,011,563
Applied tax rate
6.0000
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
1977
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
18
Total area
19,878 SF
Lot
1.93 ac (84,070 SF)
Zoning code
RD20
APN
229-0100-029-0000
UPID
US09-0249034
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD20 · Citrus Heights, CAZoning RD20 · permitted uses
RD20 · Citrus Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.6M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1977
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
18
Lot
1.93 ac
Current owner
From public records · entity-resolved
Cavendish Investments LLC
Entity
Mailing address
512 MONTRIDGE WAY, EL DORADO HILLS, CA 95762-7207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2022
—
Cavendish Investments LLC
—
Deed
related
$4,000,000 · Jpmorgan Chase Bank NA
Nov 8, 2018
—
Cavendish Investments LLC
—
Grant Deed
related
$2,750,000 · Jp Morgan Chase Bk
Sep 30, 2014
—
Cavendish Investments LLC
Mkv&3 LLC
Grant Deed
$2,800,000 · Jpmorgan Chase Bank NA
Oct 27, 2006
—
Mkv & 3 LLC
Community Foundation Of Monterey
Grant Deed
—
Feb 7, 2006
—
Lauralie Irvine Foundation
Irvine J J Trust
Quit Claim Deed
—
Oct 5, 2004
—
Jean W Rudolph
Irvine,jesse J
Affidavit Of Death
related
—
Jul 31, 1992
$424,000
Jesse J Irvine
Bengard,timothy
Grant Deed
—
Mar 18, 1983
$373,500
Jesse J Irvine
Plaza San Juan
Grant Deed
related
—
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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