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Property profile & analytics
FOR SALE
Retail residential properties
1114 Pacific Ave Santa Cruz, CA 95060
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1663112
For Sale
1 / 26
$7,995,000
1114 Pacific Ave, Santa Cruz, CA 95060
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1993
Construction
WOOD
Total area
13,895 SF
Lot
0.15 ac (6,708 SF)
APN
005-153-22
UPID
US09-1663112
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
-
Gularte Building Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.81M
Owner & transaction history
Owner Name Unavailable · 15 yrs held
Owner Name Unavailable
since 2011
7 recorded transactions
Zoning & alternative use
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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
$274 / 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
$11,079
Tax year 2024
Assessed value
$948,040
Assessed 2024
Previous assessed
$948,040
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$156,246
Assessed improvement
$791,794
Applied tax rate
1.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Units
24
Rooms
72
Total area
13,895 SF
Lot
0.15 ac (6,708 SF)
APN
005-153-22
UPID
US09-1663112
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Units
24
Rooms
72
Lot
0.15 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Mailing address
2880 SOQUEL AVE STE #6, SANTA CRUZ, CA 95062-1423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
—
John C Gularte 2004 Trust
—
Deed
related
$400,000
Jul 26, 2023
—
Roger Crissman
—
Deed
related
$3,925,000 · Capital Bank
Sep 22, 2021
—
Roger Crissman
—
Deed
related
$250,000 · 1st Capital Bank
Jun 10, 2019
—
Roger Crissman
—
Deed
related
$3,150,000 · 1st Capital Bank
Jan 18, 2019
—
Roger Crissman
—
Deed
related
$650,000 · Lighthouse Bank
May 5, 2011
—
Owner Name Unavailable
Gularte John C
Grant Deed
related
—
May 28, 2004
—
Gularte,tr
Gularte,john C
Quit Claim Deed
related
—
Aug 27, 1992
—
Gularte,john C
—
Grant Deed
related
$701,000 · Pacific Western National Bank
—
—
John Gularte
—
Deed Of Trust
related
$287,181 · California Dept Housing
—
—
John C Gularte
—
Deed Of Trust
related
$500,000 · Us Small Business Admn
—
—
John C Gularte
—
Deed Of Trust
related
$100,000 · Tom Hopkins Const
—
—
Gularte John C 2004 Trust
—
Deed Of Trust
related
$793,705 · Santa Cruz County Bank
—
—
John C Gularte
—
Deed Of Trust
related
$718,000 · Coast Commercial Bank
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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