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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Apartment buildings
739 Carmel Ave Sunnyvale, CA 94085-3298
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3149579
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Construction
WOOD
Total area
4,536 SF
Lot
0.69 ac (29,920 SF)
Zoning code
R3
APN
205-15-037
UPID
US09-3149579
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
Current use
Occupant on record · Public records
-
Paint Masters Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Linda Richelle Schneider · 1 yrs held
Linda Richelle Schneider
since 2024
7 recorded transactions
Zoning & alternative use
R3 · Sunnyvale, 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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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%
$1,600,000
6.5%
$1,475,000
7%
$1,370,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,995,000
Current use
WAREHOUSE, STORAGE
$1,615,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±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
$276 / 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
$25,653
Tax year 2024
Assessed value
$2,175,732
Assessed 2024
Previous assessed
$2,175,732
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,119,884
Assessed improvement
$1,055,848
Applied tax rate
9.0000
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
1958
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
20
Total area
4,536 SF
Lot
0.69 ac (29,920 SF)
Zoning code
R3
APN
205-15-037
UPID
US09-3149579
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3 · Sunnyvale, CA
Zoning R3 · permitted uses
R3 · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1958
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
20
Lot
0.69 ac
Current owner
From public records · entity-resolved
Linda Richelle Schneider
Individual
Free & Clear · 1 yrs held
Mailing address
591 REDWOOD HWY FRONTAGE RD STE #2250, MILL VALLEY, CA 94941-6017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Linda Richelle Schneider
Dorrance Investment Group LLC
Grant Deed
—
Jan 23, 2024
—
Philip A Robb
Philip A Robb
Intrafamily Transfer
related
—
Sep 28, 2020
—
Marchasin,s M Survivors Trust
Marchasin Family Trust
Correction Deed
related
—
Jun 12, 2020
—
Marchasin,s M Survivors Trust
Marchasin Family Trust
Quit Claim Deed
related
—
Jun 9, 2020
—
Dorrance Investment Group LLC
Dorrance W R 1985
Quit Claim Deed
related
—
Jun 2, 2020
—
Marchasin Family Trust
Dina Marchasin
Affidavit Of Death
related
—
Mar 11, 2019
—
Dorrance-schneider Family Trust
Dorrance W R & Sd1985 Trust
Quit Claim Deed
related
—
Jan 4, 2019
—
Dorrance,w R & E 1985 Trust
Dorrance Associates 1 LLC
Quit Claim Deed
related
$147,000 · Dorrance W R & E 1985 Tr (pt)
Oct 10, 2017
—
Dorrance Associates 1 LLC
Dorrance W R & E S 198 Trust
Quit Claim Deed
—
May 23, 2006
—
Liblit Associates LLC
Cedar-applebaum,carol
Grant Deed
—
Oct 6, 1993
—
Koester Wilber
Koester,sybil Et
Quit Claim Deed
related
—
Aug 13, 1992
—
Wilbur Koester Trust
Koester,sybil An
Quit Claim Deed
related
—
—
—
Dorrance,w R & E S 1985 Trust
—
Deed Of Trust
related
$147,000 · Dorrance W R & E 1985 Tr (pt)
—
—
W.&s./ma Koester
—
Deed Of Trust
related
$750,000 · Bay View Federal Bank
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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