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Property profile & analytics
FOR SALE
Residential income homes
8489 Trout Ave Kings Beach, CA 96143
Individually Owned
1-yr Hold
Property ID
US09-6962406
For Sale
1 / 8
$1,890,000
8489 Trout Ave, Kings Beach, CA 96143
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1958
Construction
WOOD
Total area
2,656 SF
Lot
0.22 ac (9,375 SF)
Zoning code
HDR
APN
090-121-019-000
UPID
US09-6962406
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
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Colin Michael Fernie · 1 yrs held
Colin Michael Fernie
since 2025
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
HDR · Kings Beach, 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 Kings Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kings Beach 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
$1,115,000
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10% · vs last sale $1.30M (Feb 14 2025)
Last sale anchor
$1.30M
Feb 14 2025
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
$446 / 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
$17,177
Tax year 2024
Assessed value
$1,337,800
Assessed 2024
Previous assessed
$1,337,800
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$336,600
Assessed improvement
$1,001,200
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Sale
Year built
1958
Construction
WOOD
Heating
NONE
Units
1
Total area
2,656 SF
Lot
0.22 ac (9,375 SF)
Zoning code
HDR
APN
090-121-019-000
UPID
US09-6962406
Jurisdiction
PLACER
Zoning & alternative use
HDR · Kings Beach, CA
Zoning HDR · permitted uses
HDR · Kings Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kings Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
WOOD
Heating
NONE
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Colin Michael Fernie
Individual
Mailing address
PO BOX 860, MAMMOTH LAKES, CA 93546-0860
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
Feb 14, 2025
—
Colin Michael Fernie
Colin Fernie
Deed
related
—
Jan 18, 2023
$1,300,000
Colin Fernie
John Radebold
Grant Deed
$540,000 · John Radebold Etux
Sep 17, 2020
—
John Radebold
—
Deed
related
$150,000 · Dan Fritschen
Oct 10, 2019
$850,000
John Radebold
James P Gardiner
Grant Deed
$638,500 · James P I Gardiner
May 14, 1999
$225,000
James P Gardiner
Maita,philip & T M
Grant Deed
$155,000 · Seller
—
—
John Radebold
—
Deed Of Trust
related
$150,000 · Dan Fritschen
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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