New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,165,000
Apartment buildings
7511 Fairway 2nd Ave Fair Oaks, CA 95628-4672
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3116490
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Construction
WOOD
Total area
37,800 SF
Lot
1.68 ac (73,180 SF)
Zoning code
RD-30
APN
242-0341-012-0000
UPID
US09-3116490
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.17M
Owner & transaction history
Fairways At Northridge LLC · 12 yrs held
Fairways At Northridge LLC
since 2013
7 recorded transactions
Zoning & alternative use
RD-30 · Fair Oaks, 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 Fair Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fair Oaks 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$110 / 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
$17,218
Tax year 2024
Assessed value
$1,354,701
Assessed 2024
Previous assessed
$1,354,701
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$262,467
Assessed improvement
$1,092,234
Applied tax rate
54.0000
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
1968
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
26
Total area
37,800 SF
Lot
1.68 ac (73,180 SF)
Zoning code
RD-30
APN
242-0341-012-0000
UPID
US09-3116490
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-30 · Fair Oaks, CA
Zoning RD-30 · permitted uses
RD-30 · Fair Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fair Oaks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
26
Lot
1.68 ac
Current owner
From public records · entity-resolved
Fairways At Northridge LLC
Entity
Free & Clear · 12 yrs held
Mailing address
400 CAPITOL MALL, SACRAMENTO, CA 95814-4407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2013
—
Fairways At Northridge LLC
Hudacek Edward W Trust
Quit Claim Deed
—
Sep 6, 2013
—
Fairways Of Northridge Apartments
Zipperian Kathryn L Trust
Grant Deed
—
Jul 1, 2013
—
Fairways Of Northridge Apartments
Zipperian Sharon P Trust
Quit Claim Deed
—
Jan 25, 2013
—
Fairways Of Northridge Apartments
Hudacek M E & Ellena M A
Grant Deed
—
Aug 1, 2012
—
Kathryn L Zipperian
Fairways At Northridge
Grant Deed
—
Aug 23, 2011
—
At Northridge Fairways
Zipperian Lenard S & J M
Grant Deed
—
Jan 18, 2011
—
Fairways Of Northridge Apts LLC
Zipperian Lenard S & J M
Grant Deed
—
Dec 30, 2010
—
At Northridge Fairways
Zipperian Lenard S & J M
Grant Deed
—
Dec 10, 2004
—
Zipperian Lenard S & J M Tr
Zipperian,lenard S & Judith M
Quit Claim Deed
related
—
Jun 6, 2003
—
Hudacek-ellena,tr
Hucacek,margaret E
Grant Deed
related
—
Oct 14, 1988
$6,500
Helm Donald K
Jacobson Alan S
Grant Deed
related
$100 · Jacobson Alan S
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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