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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Apartment buildings
8638 Trout Ave Kings Beach, CA 96143
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-6904171
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
TILT-UP CONCRETE
Total area
3,562 SF
Lot
0.29 ac (12,500 SF)
Zoning code
HDR
APN
090-125-024-000
UPID
US09-6904171
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
$805k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$615k
Blend (final)
Blend
$855k
Owner & transaction history
Trout House LLC · 5 yrs held
Trout House LLC
since 2021
Last sale
$950,000
7 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
$715,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $950k (May 3 2021)
Last sale anchor
$950k
May 3 2021
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
$240 / 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
$16,386
Tax year 2024
Assessed value
$1,033,414
Assessed 2024
Previous assessed
$1,033,414
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$291,832
Assessed improvement
$741,582
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Construction
TILT-UP CONCRETE
Heating
NONE
Units
8
Total area
3,562 SF
Lot
0.29 ac (12,500 SF)
Zoning code
HDR
APN
090-125-024-000
UPID
US09-6904171
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
Construction
TILT-UP CONCRETE
Heating
NONE
Units
8
Lot
0.29 ac
Current owner
From public records · entity-resolved
Trout House LLC
Entity
Mailing address
1235 POLAND AVE, NEW ORLEANS, LA 70117-4817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
—
Trout House LLC
—
Deed
related
$1,235,000 · East West Bank
May 3, 2021
$950,000
Trout House LLC
Lakefleet LLC
Grant Deed
$1,028,525 · Fay Servicing LLC
Oct 11, 2016
$540,000
Lakefleet LLC
Leslie J Pearlman
Grant Deed
$405,000 · Wells Fargo Bank NA
Aug 16, 2013
—
Pearlman Family Trust
Pearlman Family Trust
Quit Claim Deed
related
$240,000 · Plumas Bank
Dec 29, 2004
—
Pearlman Trust
Pearlman,leslie J & Berthaly
Quit Claim Deed
related
—
Jun 29, 1990
$175,000
Leslie Pearlman
Meyer,kenneth A
Grant Deed
$140,000 · Seller
Mar 29, 1989
$39,000
Kenneth A Meyer
Meyer,william H
Grant Deed
related
$37,000
—
—
Berthaly Pearlman
—
Deed Of Trust
related
$250,000 · Wells Fargo 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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