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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Apartment buildings
111 Oak St Paso Robles, CA 93446-3334
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2247582
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
WOOD
Total area
11,520 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R2
APN
009-284-015
UPID
US09-2247582
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
$1.91M
Blend (final)
Blend
$1.54M
Owner & transaction history
Gregory D Gallo · 5 yrs held
Gregory D Gallo
since 2021
4 recorded transactions
Zoning & alternative use
R2 · Paso Robles, 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 Paso Robles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paso Robles 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10%
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
$133 / 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
$11,781
Tax year 2024
Assessed value
$1,059,666
Assessed 2024
Previous assessed
$1,059,666
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$260,031
Assessed improvement
$799,635
Applied tax rate
2.0000
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
1977
Construction
WOOD
Heating
YES
Cooling
YES
Rooms
48
Bathrooms
12
Total area
11,520 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R2
APN
009-284-015
UPID
US09-2247582
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
R2 · Paso Robles, CA
Zoning R2 · permitted uses
R2 · Paso Robles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paso Robles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
YES
Cooling
Yes
Rooms
48
Bathrooms
12
Lot
0.52 ac
Current owner
From public records · entity-resolved
Gregory D Gallo
Individual
Free & Clear · 5 yrs held
Mailing address
380 ML CRK RD, HAMILTON, MT 59840-9694
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Apr 12, 2021
—
Gregory D Gallo
Gregory David Gallo
Intrafamily Transfer
related
—
Oct 23, 2020
—
Gregory D Gallo
Gilvard Roland E Trust
Quit Claim Deed
related
—
Jan 25, 2007
—
Gilvard Roland E Trust
Gallo,janet L
Grant Deed
related
—
Jan 24, 2007
—
Janet L Gallo
John Gallo
Intrafamily Transfer
related
$300,000 · Washington Mutual Bank Fa
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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