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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Apartment buildings
1125 Vulcan Ave Encinitas, CA 92024-1631
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8921308
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
21,304 SF
Lot
0.78 ac (33,976 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
254-253-35-00
UPID
US09-8921308
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
-
Spindrift Apartments Inc Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.37M
Owner & transaction history
Spindrift Torrejon LLC · 5 yrs held
Spindrift Torrejon LLC
since 2020
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Encinitas, 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 Encinitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encinitas 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
$2,635,000
ML approach
$2,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±10% · vs last sale $2.10M (Oct 26 2020)
Last sale anchor
$2.10M
Oct 26 2020
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
$111 / 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
$48,260
Tax year 2024
Assessed value
$3,164,374
Assessed 2024
Previous assessed
$3,164,374
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,371,226
Assessed improvement
$1,793,148
Applied tax rate
19.0000
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
1971
Heating
NONE
Units
26
Bathrooms
6
Total area
21,304 SF
Lot
0.78 ac (33,976 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
254-253-35-00
UPID
US09-8921308
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Encinitas, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encinitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Units
26
Bathrooms
6
Lot
0.78 ac
Current owner
From public records · entity-resolved
Spindrift Torrejon LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1812 HAWK VW DR, ENCINITAS, CA 92024-1257
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2020
—
Spindrift Torrejon LLC
Radick Family Trust
Quit Claim Deed
—
Jul 6, 2017
—
Judith A Radick
Radick,stephen J
Affidavit Of Death
related
—
Jun 19, 2012
—
Radick Family Trust
Radick,stephen J & Judith A
Quit Claim Deed
related
—
Nov 23, 1999
—
Judith A Radick
Radick,stephen J
Quit Claim Deed
related
—
Nov 23, 1999
$2,100,000
Radick,stephen J
Hall,sheldon
Trustees Deed
$1,523,000 · Washington Mutual Fsb
Apr 7, 1995
$25,000
Janet A Abrams
Harold Abrams Estate
Grant Deed
related
—
Dec 30, 1993
—
Robert A Freund INC
Friedman,arnold
Grant Deed
related
—
Oct 4, 1993
—
Arnold G Friedman
Freund,robert A
Grant Deed
related
—
Aug 15, 1990
$55,000
Sheldon Derezin
Koo Wilfred
Grant Deed
—
Jul 19, 1989
—
Sheldon Hall
Drosch Jacquelin
Quit Claim Deed
related
—
Jan 9, 1989
—
Hall Sheldon & D
San Diego Realty
Trustees Deed
related
—
Dec 30, 1988
$1,600,000
Drosch Stanley
Vaughan Producti
Grant Deed
$1,280,000 · Home Savings Of America
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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