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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
1044 Ramona Ave Grover Beach, CA 93433-2118
Individually Owned
3-yr Hold
Property ID
US09-0939690
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1959
Construction
WOOD
Total area
745 SF
Lot
0.15 ac (6,600 SF)
Zoning code
CBD
APN
060-234-028
UPID
US09-0939690
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
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$505k
Owner & transaction history
Dennis Grumling · 3 yrs held
Dennis Grumling
since 2022
Last sale
$615,000
7 recorded transactions
Zoning & alternative use
CBD · Grover Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$340,000
+0.5%
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 Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover 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
$505,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$340,000
Current use
AUTO REPAIR, GARAGE
$340,000
Change: +0% · Conversion: Difficult
MEDICAL BUILDING
$305,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $615k (Dec 6 2022)
Last sale anchor
$615k
Dec 6 2022
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
$678 / 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
$7,247
Tax year 2024
Assessed value
$639,846
Assessed 2024
Previous assessed
$639,846
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$514,998
Assessed improvement
$124,848
Applied tax rate
5.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Rooms
4
Bathrooms
1
Total area
745 SF
Lot
0.15 ac (6,600 SF)
Zoning code
CBD
APN
060-234-028
UPID
US09-0939690
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CBD · Grover Beach, CA
Zoning CBD · permitted uses
CBD · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$340,000
AUTO REPAIR, GARAGE
Est. value
$340,000
MEDICAL BUILDING
Est. value
$305,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1959
Construction
WOOD
Heating
NONE
Rooms
4
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Dennis Grumling
Individual
Mailing address
1044 RAMONA AVE, GROVER BEACH, CA 93433-2118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2022
—
Dennis Grumling
Dennis Grumling
Intrafamily Transfer
related
—
May 19, 2022
$615,000
Dennis Grumling
Kimberly Anne Romine
Grant Deed
$492,000 · Coastal Funding Slc INC
May 19, 2022
—
Dennis Grumling
Wina Gill
Intrafamily Transfer
related
—
Jul 13, 2020
—
Kimberly Anne Romine
—
Deed
related
$388,500 · Kings Mortgage Services INC
Feb 14, 2019
$399,000
Kimberly Anne Romine
Jennifer Toroian
Grant Deed
$387,030 · Kings Mortgage Services INC
Jan 23, 2019
—
Jennifer Toroian
—
Deed
related
$100,000 · Toroian Family Trust (pt)
Feb 8, 2013
—
Jennifer Toroian
Bernerd,jacob
Grant Deed
—
Jul 2, 2010
$220,000
Jacob Bernerd
Torolan,michael & Emily
Grant Deed
$217,076 · Mortgage House INC
Aug 26, 2003
—
Michael Toroian
Toroian,tr
Quit Claim Deed
related
—
Apr 1, 2003
—
Toroian,tr
Toroian,michael & Emily
Quit Claim Deed
related
—
Sep 3, 1999
$130,000
Michael J Toroian
Quintana Trust
Grant Deed
$104,000 · Western Sunrise Mortgage Corp
—
—
Jennifer Toroian
—
Deed Of Trust
related
$100,000 · Toroian Family Trust (pt)
—
—
Michael Toroian
—
Deed Of Trust
related
$102,300 · Wells Fargo Home Mortgage INC
—
—
Michael Toroian
—
Deed Of Trust
related
$195,000 · 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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