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Property profile & analytics
OFF-MARKET
Estimated value
$2,455,000
Apartment buildings
931 Ravenscourt Ave Campbell, CA 95008
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2928324
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
6,656 SF
Lot
0.32 ac (13,823 SF)
Zoning code
R-3
APN
282-17-004
UPID
US09-2928324
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
$1.95M
Comparable Approach
Comparable
$3.07M
Blend (final)
Blend
$2.46M
Owner & transaction history
Pietila Jari · 1 yrs held
Pietila Jari
since 2025
Last sale
$2.4M
4 recorded transactions
Zoning & alternative use
R-3 · Campbell, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.8M
+39.5%
Retail stores
$3.0M
+9.5%
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 Campbell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Campbell 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,945,000
7%
$1,805,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,730,000
Current use
OFFICE BUILDING
$3,810,000
Change: +40% · Conversion: Moderate
RETAIL STORES
$2,990,000
Change: +9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,675,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,365,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.70M · ±10% · vs last sale $2.40M (Oct 24 2024)
Last sale anchor
$2.40M
Oct 24 2024
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
$369 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,310,353
Assessed 2023
Previous assessed
$2,310,353
+0.0% YoY
Assessed land
$1,195,607
Assessed improvement
$1,114,746
Applied tax rate
10.0000
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
1962
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
8
Total area
6,656 SF
Lot
0.32 ac (13,823 SF)
Zoning code
R-3
APN
282-17-004
UPID
US09-2928324
Jurisdiction
SANTA CLARA
Zoning & alternative use
R-3 · Campbell, CA
Zoning R-3 · permitted uses
R-3 · Campbell, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Campbell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.7M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
8
Lot
0.32 ac
Current owner
From public records · entity-resolved
Pietila Jari
Individual
Mailing address
5157 WESTPORT WAY, UNION CITY, CA 94587-5162
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
$2,400,000
Pietila Jari
Lokyee Apartments LLC
Grant Deed
$1,515,000 · Avid Bank
Jul 21, 2014
—
Lokyee Apartments LLC
Thosaporn Chanpong
Grant Deed
$1,000,000 · Luther Burbank Savings
Jun 25, 1997
$1,531,000
Thosaporn Changpong
Mensor,robert O
Grant Deed
$472,500 · Home Savings Of America
Sep 29, 1988
$810,000
Robert&l. Mensor
Wickwire,w.&j.
Grant Deed
$252,000 · California Federal 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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