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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Garden apartment buildings
7240 Rio Linda Blvd Rio Linda, CA 95673-1300
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2135258
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1940
Construction
WOOD
Total area
3,304 SF
Lot
3 ac (130,680 SF)
Zoning code
RD-5
APN
206-0061-001-0000
UPID
US09-2135258
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
$800k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$580k
Blend (final)
Blend
$715k
Owner & transaction history
Mlo Properties LLC · 1 yrs held
Mlo Properties LLC
since 2025
6 recorded transactions
Zoning & alternative use
RD-5 · Rio Linda, 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 Rio Linda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rio Linda 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$945,000
Current use
MEDICAL BUILDING
$860,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$855,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$216 / 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
$2,964
Tax year 2024
Assessed value
$255,185
Assessed 2024
Previous assessed
$255,185
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$135,260
Assessed improvement
$119,925
Applied tax rate
59.0000
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
1940
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
6
Total area
3,304 SF
Lot
3 ac (130,680 SF)
Zoning code
RD-5
APN
206-0061-001-0000
UPID
US09-2135258
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-5 · Rio Linda, CA
Zoning RD-5 · permitted uses
RD-5 · Rio Linda, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rio Linda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$860,000
AUTO REPAIR, GARAGE
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$770,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (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
1940
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
6
Lot
3 ac
Current owner
From public records · entity-resolved
Mlo Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
813 HBR BLVD #177, WEST SACRAMENTO, CA 95691-2201
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Mlo Properties LLC
Mikuail Osipov
Grant Deed
—
Oct 23, 2024
—
Mikhail Osipov
Mikhail Osipov
Deed
related
—
Apr 2, 2024
$800,000
Mlo Properties LLC
Mark D Gordon
Grant Deed
$600,000 · Mark Gordon
Jan 9, 1990
$141,500
Mark D Gordon
James Doyle B
Grant Deed
$125,000 · James Doyle B
—
—
Mark D Gordon
—
Deed Of Trust
related
$120,827 · American Savings Bank
—
—
Mark D Gordon
—
Deed Of Trust
related
$25,000 · Individual
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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