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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Apartment buildings
104 Laurel Ave 26 National City, CA 91950-1708
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9520972
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Total area
10,200 SF
Lot
0.53 ac (22,933 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
554-011-22-00
UPID
US09-9520972
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Laurel Manor Apartments LLC · 6 yrs held
Laurel Manor Apartments LLC
since 2020
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · National City, 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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
$139 / 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
$26,946
Tax year 2024
Assessed value
$1,838,117
Assessed 2024
Previous assessed
$1,838,117
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,060,452
Assessed improvement
$777,665
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 (5+ UNITS)
Status
Off-Market
Heating
NONE
Units
12
Bathrooms
12
Total area
10,200 SF
Lot
0.53 ac (22,933 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
554-011-22-00
UPID
US09-9520972
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · National City, CAZoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
12
Bathrooms
12
Lot
0.53 ac
Current owner
From public records · entity-resolved
Laurel Manor Apartments LLC
Entity
Mailing address
845 E 8TH ST, NATIONAL CITY, CA 91950-2468
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2020
—
Laurel Manor Apartments LLC
Bowman Roland E Family Trust
Quit Claim Deed
related
$1,200,000 · Readycap Com'l
Jun 11, 2015
—
Christopher B Hill
Bowman Roland E
Affidavit Of Death
related
—
Feb 14, 2014
—
Bowman,roland E Living Trust
Bowman Family Trust
Quit Claim Deed
related
—
May 18, 2012
—
Bowman Family Trust
Bowman Roland E & Norma J
Quit Claim Deed
related
—
Jul 20, 2007
—
Bowman Roland E Trust
Owner Name Unavailable
Grant Deed
related
—
Dec 27, 2006
—
Roland E Bowman
Richard E Bowman
Correction Deed
related
$426,000 · Washington Mutual Bank
Jul 24, 2003
—
Bowman,tr
Bowman,richard E Tr
Quit Claim Deed
related
—
May 15, 2002
—
Bowman R Etal
Bowman,roland E
Quit Claim Deed
related
—
Apr 17, 1995
$450,000
Roland E Bowman
Stahl Trust
Grant Deed
$350,000 · Seller
—
—
Boman Trust
—
Deed Of Trust
related
$400,000 · Washington Mutual Fsb
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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