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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Apartment buildings
790 2nd St Wa, Sonoma, CA 95476-6918
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3405172
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1974
Construction
WOOD
Total area
4,200 SF
Lot
1.8 ac (78,408 SF)
Zoning code
R3
APN
018-345-029-000
UPID
US09-3405172
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
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
South Hoover Investors LP · 8 yrs held
South Hoover Investors LP
since 2018
7 recorded transactions
Zoning & alternative use
R3 · Sonoma, 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 Sonoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sonoma 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
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$205 / 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
$131,954
Tax year 2024
Assessed value
$9,355,667
Assessed 2024
Previous assessed
$9,355,667
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$3,346,555
Assessed improvement
$6,009,112
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 (100+ UNITS)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
21
Bathrooms
1
Total area
4,200 SF
Lot
1.8 ac (78,408 SF)
Zoning code
R3
APN
018-345-029-000
UPID
US09-3405172
Jurisdiction
SONOMA
Zoning & alternative use
R3 · Sonoma, CA
Zoning R3 · permitted uses
R3 · Sonoma, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sonoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
21
Bathrooms
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
South Hoover Investors LP
Entity
Mailing address
1040 REDWOOD HWY FRONTAGE RD, MILL VALLEY, CA 94941-1613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jan 10, 2018
$8,375,000
South Hoover Investors LP
Fred Baker
Grant Deed
$5,272,000 · Umpqua Bank
Jan 10, 2018
—
Dr Joseph J Grenn Dmd Pension Plan Trust
Grenn Joseph J Trust
Quit Claim Deed
related
—
Jun 30, 2016
—
Kira Grenn
Grenn,kira
Quit Claim Deed
related
—
Oct 1, 2014
$10,000
Joan C Johnson
Schardt Howard G
Grant Deed
—
Feb 14, 2008
$120,000
Mays John W
Baker,fred
Grant Deed
—
Jan 31, 2008
—
Trefethen Janet S Trust
Spooner Elizabeth Trust
Grant Deed
—
Apr 11, 2007
—
Joseph J Grenn Pension Plan
Grenn Joseph J Trust
Quit Claim Deed
—
May 23, 2006
$4,750,000
Fred Baker
Sonoma Plz Del Sol Invtrs LLC
Grant Deed
—
May 23, 2006
—
Kira Kolboasova
Grenn,joseph J
Grant Deed
related
—
Dec 30, 2002
$4,550,000
William,h Tr
Bassis,tr
Grant Deed
$3,350,000 · Bassis Trust
Dec 30, 2002
—
Kevin C Brown
Brown,abigail
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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