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Property profile & analytics
FOR SALE
Turn key restaurants
1130 Garnet Ave San Diego, CA 92109
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8554249
For Sale
1 / 13
$2,500,000
1130 Garnet Ave, San Diego, CA 92109
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Total area
3,019 SF
Lot
0.14 ac (6,245 SF)
Zoning code
COMMERCIAL
APN
415-623-13-00
UPID
US09-8554249
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
-
Zen 5 Restaurant
-
Zen Five Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Hiroyuki Nitta · 1 yrs held
Hiroyuki Nitta
since 2025
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$690,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $575k (Sep 15 2020)
Last sale anchor
$575k
Sep 15 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
$205 / 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
$10,757
Tax year 2024
Assessed value
$866,418
Assessed 2024
Previous assessed
$866,418
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$301,361
Assessed improvement
$565,057
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1980
Heating
NONE
Units
1
Total area
3,019 SF
Lot
0.14 ac (6,245 SF)
Zoning code
COMMERCIAL
APN
415-623-13-00
UPID
US09-8554249
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Hiroyuki Nitta
Individual
Mailing address
9130 GRAMERCY DR UNIT #408, SAN DIEGO, CA 92123-4006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
—
Hiroyuki Nitta
Hiroyuki Nitta
Deed
related
—
Sep 15, 2020
—
Higa,m Living Trust
Midori Higa
Quit Claim Deed
related
—
Apr 8, 2019
—
Hiroyuki Nitta
—
Deed
related
$530,000 · Wells Fargo Bank NA
Mar 7, 2006
—
Hiroyuki Nitta
Miyashita,sanae
Grant Deed
related
$685,000 · Greenpoint Mortgage Funding
Jul 6, 1999
$575,000
Hiroyuki Nitta
Huang,tai-tung & Ho H
Grant Deed
$528,000 · First Intercity Bank
May 8, 1989
$520,000
Huang Taitung
Fujisaki Tetsuo
Grant Deed
$300,000 · Mical Mortgage Co
—
—
Tai T Huang
—
Deed Of Trust
related
$300,000 · San Diego First Bank
—
—
Hiroyuki Nitta
—
Deed Of Trust
related
$500,000 · Pacific Crest 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.
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