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Property profile & analytics
OFF-MARKET
Estimated value
$2,070,000
Apartment buildings
720 Adams St Davis, CA 95616-3255
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-2004492
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
9,724 SF
Lot
0.46 ac (20,037 SF)
Zoning code
R3M
APN
036-074-001-000
UPID
US10-2004492
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
$2.38M
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.07M
Owner & transaction history
Ohanesian,v & G Fam Trust · 6 yrs held
Ohanesian,v & G Fam Trust
since 2020
Last sale
$1.9M
4 recorded transactions
Zoning & alternative use
R3M · Davis, 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 Davis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davis 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
$2,305,000
ML approach
$2,380,000
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,945,000
7%
$1,810,000
Blend value · Realmo final
$2.07M
Range $1.86M – $2.28M · ±10% · vs last sale $1.87M (Mar 17 2020)
Last sale anchor
$1.87M
Mar 17 2020
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
$213 / 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
$29,044
Tax year 2023
Assessed value
$2,160,854
Assessed 2023
Previous assessed
$2,160,854
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$433,188
Assessed improvement
$1,727,666
Applied tax rate
1.0000
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
1973
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
2
Rooms
10
Bathrooms
1
Total area
9,724 SF
Lot
0.46 ac (20,037 SF)
Zoning code
R3M
APN
036-074-001-000
UPID
US10-2004492
Jurisdiction
YOLO
Zoning & alternative use
R3M · Davis, CAZoning R3M · permitted uses
R3M · Davis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
3
Rooms
10
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Ohanesian,v & G Fam Trust
Trust
Mailing address
2071 8TH AVE, SACRAMENTO, CA 95818-4210
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2020
—
Ohanesian,v & G Fam Trust
Gordon Ohanesian
Quit Claim Deed
related
—
Jan 23, 2015
$1,865,000
Gordon Ohanesian
Daniel Thomas Shea
Grant Deed
$1,212,250 · Jpmorgan Chase Bank NA
Aug 14, 2008
$1,505,000
Daniel Thomas Shea
Betty Brickey
Grant Deed
$662,000 · Washington Mutual Bank
Mar 22, 2006
—
Steven M Simmons
Simmons,sara A
Quit Claim 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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