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Property profile & analytics
OFF-MARKET
Theaters & concert halls
1035 Monterey St San Luis Obispo, CA 93401-3206
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1433542
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1942
Construction
TILT-UP CONCRETE
Total area
13,650 SF
Lot
0.53 ac (22,916 SF)
Zoning code
CD
APN
002-434-003
UPID
US09-1433542
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
Current use
Occupant on record · Public records
-
ATM Machine at Fremont Theatre Atm
-
Fremont Theater Theater & Performing Art Venue
-
Car Title Loans California Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1035 Monterey Investors LLC · 5 yrs held
1035 Monterey Investors LLC
since 2020
Last sale
$6,000
7 recorded transactions
Zoning & alternative use
CD · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$34,144
Tax year 2024
Assessed value
$3,089,567
Assessed 2024
Previous assessed
$3,089,567
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,061,165
Assessed improvement
$1,028,402
Applied tax rate
3.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1942
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Total area
13,650 SF
Lot
0.53 ac (22,916 SF)
Zoning code
CD
APN
002-434-003
UPID
US09-1433542
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CD · San Luis Obispo, CA
Zoning CD · permitted uses
CD · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
1035 Monterey Investors LLC
Entity
Mailing address
750 PISMO ST, SAN LUIS OBISPO, CA 93401-3922
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2020
—
1035 Monterey Investors LLC
Orka Real Estate Partners LLC
Quit Claim Deed
$2,029,884 · American Riviera Bk
May 3, 2019
—
Orka Real Estate Partners LLC
King,john E & Carole D
Quit Claim Deed
related
—
Dec 21, 2017
—
Iorik Real Estate Partners LLC
—
Deed
related
$2,150,000 · American Riviera Bank
Jun 26, 2017
$6,000
Once Upon A Time LP
Rossi Robin L Living Trust
Quit Claim Deed
related
—
Apr 21, 2004
—
John E King
—
Deed Of Trust
related
$2,426,825 · Davis Trust
Nov 27, 2002
—
Rossi,tr
Rossi King Organization
Quit Claim Deed
related
$1,330,000 · First Bank San Luis Obispo
—
—
King Organization Rossi
—
Deed Of Trust
related
$580,000 · First Bank San Luis Obispo
—
—
Once Upon A Time LP
—
Loan Modification
related
$2,029,884 · American Riviera Bk
—
—
Sanborn Theaters INC
—
Deed Of Trust
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.
Try Rey
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