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Property profile & analytics
OFF-MARKET
Estimated value
$5,120,000
Apartment buildings
7530 Walnut Dr Citrus Heights, CA 95610-1455
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US09-2254091
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
26,180 SF
Lot
1.63 ac (71,002 SF)
Zoning code
RD5 RD20
APN
204-0521-035-0000
UPID
US09-2254091
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
$4.92M
CAP Approach
CAP
$5.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.12M
Owner & transaction history
Walnut Oak Apartments LLC · 2 yrs held
Walnut Oak Apartments LLC
since 2023
Last sale
$5.3M
6 recorded transactions
Zoning & alternative use
RD5 RD20 · Citrus Heights, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.8M
+8.4%
Auto repair, garage
$6.8M
+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
$4,705,000
ML approach
$4,915,000
CAP Approach
CAP Return
Estimation
6%
$5,825,000
6.5%
$5,375,000
7%
$4,990,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,285,000
Current use
MEDICAL BUILDING
$6,815,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,760,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,115,000
Change: -3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,460,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$5.12M
Range $4.61M – $5.63M · ±10% · vs last sale $5.30M (Jul 24 2023)
Last sale anchor
$5.30M
Jul 24 2023
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
$196 / 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
$63,629
Tax year 2024
Assessed value
$5,300,000
Assessed 2024
Previous assessed
$5,300,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$640,000
Assessed improvement
$4,660,000
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
1963
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
32
Total area
26,180 SF
Lot
1.63 ac (71,002 SF)
Zoning code
RD5 RD20
APN
204-0521-035-0000
UPID
US09-2254091
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD5 RD20 · Citrus Heights, CA
Zoning RD5 RD20 · permitted uses
RD5 RD20 · Citrus Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Citrus Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$5.5M
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
1963
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
32
Lot
1.63 ac
Current owner
From public records · entity-resolved
Walnut Oak Apartments LLC
Entity
Mailing address
2443 MSN AVE APT #21, CARMICHAEL, CA 95608-4941
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jul 24, 2023
$5,300,000
Walnut Oak Apartments LLC
Porterfield Family LLC
Grant Deed
$4,240,000 · Porterfield Family LLC
Mar 20, 2008
—
Porterfield Family LLC
Moring Family Trust
Grant Deed
—
Nov 28, 2007
—
Moring Family Trust
Moring,carla J
Quit Claim Deed
related
—
Aug 26, 2004
—
Porterfiled Reynold A Trust
Porterfiled,reynold A
Quit Claim Deed
related
—
May 28, 2003
—
Carla J Moring
Moring,william C
Quit Claim Deed
related
$900,000 · Washington Mutual Fsb
May 13, 1998
—
Porterfield Trust
Porterfield Trust
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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