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Property profile & analytics
OFF-MARKET
Estimated value
$13,765,000
Apartment buildings
1101 Alturas Rd, Fallbrook, CA 92028-3152
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9888218
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Total area
86,932 SF
Lot
2.67 ac (116,305 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
104-150-36-00
UPID
US09-9888218
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
-
Hernandez Party Rental Party Supply Store Rental Equipment Company
-
Pine View Apartments Apartment Building Apartment Rental Agency
-
Starri- Eyed Production Theater & Performing Art Venue Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.77M
Owner & transaction history
Pine View Preservation LP · 7 yrs held
Pine View Preservation LP
since 2019
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$158 / 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
$9,598
Tax year 2024
Assessed value
$14,421,116
Assessed 2024
Previous assessed
$14,421,116
+0.0% YoY
Effective rate
0.07%
On assessed value
Assessed land
$2,412,454
Assessed improvement
$12,008,662
Applied tax rate
75.0000
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
1980
Heating
NONE
Units
101
Total area
86,932 SF
Lot
2.67 ac (116,305 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
104-150-36-00
UPID
US09-9888218
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Fallbrook, CA
Zoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
101
Lot
2.67 ac
Current owner
From public records · entity-resolved
Pine View Preservation LP
Entity
Mailing address
201 SANTA MONICA BLVD #550, SANTA MONICA, CA 90401-2214
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2019
$16,000,000
Pine View Preservation LP
Community Housing Solutions
Trustees Deed
$15,700,000 · Nef Preservation Mtg Loan Fund
Sep 30, 2004
$10,900,000
Community Housing Solutions
Pine View Apartments Fallbrook
Grant Deed
$9,000,000 · Wells Fargo Bank
Jul 31, 1998
$4,550,000
Pine Vew Apartments Fallbrook
Fallbrook 101
Grant Deed
related
$3,185,000 · Home Savings Of America
Sep 18, 1997
$234,000
Thomas E Reily
Rayner,leigh A
Grant Deed
—
Apr 26, 1995
$100,000
Thomas E Reilly
Reilly,thomas E & Nancy J
Grant Deed
related
—
Mar 30, 1995
$2,700,000
Thomas E Reilly
Fallbrook-eastgate Ltd
Grant Deed
$1,755,000 · American Savings Bank
—
—
Community Housing Solutions
—
Deed Of Trust
related
$720,000 · Low Income Investmen Fund
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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