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Property profile & analytics
OFF-MARKET
Apartment buildings
118 Pacific St, Oceanside, CA 92054-2996
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-9068979
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Total area
2,496 SF
Lot
0.12 ac (5,192 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
147-262-09-00
UPID
US09-9068979
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
-
Marks Surf Instruction Surf School
-
Seaview Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
San Pio V Company LP
San Pio V Company LP
since 2025
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Oceanside, 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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
—
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
$6,476
Tax year 2024
Assessed value
$570,857
Assessed 2024
Previous assessed
$570,857
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$390,588
Assessed improvement
$180,269
Applied tax rate
7.0000
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
1952
Heating
NONE
Units
5
Total area
2,496 SF
Lot
0.12 ac (5,192 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
147-262-09-00
UPID
US09-9068979
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Oceanside, CA
Zoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceanside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Units
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
San Pio V Company LP
Entity
Free & Clear · 0 yrs held
Mailing address
1055 ANDERSON AVE APT #9, COOS BAY, OR 97420-4691
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
38 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
San Pio V Company LP
Darlyne Shirley Welling
Grant Deed
—
Oct 9, 2024
—
Amy Lessley
Amy Lessley
Intrafamily Transfer
related
—
Jan 5, 2022
$100,000
San Pio V Company
Janelle Johnson Krell
Grant Deed
—
Dec 15, 2021
$100,000
San Pio V Company LP
Donald C Frauenberger
Grant Deed
—
Dec 15, 2021
$125,000
San Pio V Company LP
Robert Kenneth Welling
Grant Deed
—
Dec 15, 2021
$62,500
San Pio V Company LP
Gwen Fregia
Grant Deed
—
Nov 8, 2021
$33,500
San Pio V Company LP
Keith Stock
Grant Deed
—
Nov 8, 2021
$62,500
San Pio V Company LP
William Langel
Grant Deed
—
Nov 8, 2021
$100,000
San Pio V Company LP
Martha A Mathison
Grant Deed
—
Sep 30, 2021
—
Santa Teresa Company LP
—
Deed
related
$6,750,000 · Pacific Premier Bank
Aug 26, 2020
—
Haley Fleming
Kimberly A Langel
Quit Claim Deed
related
—
Jun 20, 2017
—
Mathison,martha A Trust
Mathison,martha A
Quit Claim Deed
related
—
Feb 2, 2017
—
Karen G Lopez
Lopez,karen Galene
Quit Claim Deed
related
—
Sep 13, 2016
—
Welling,robert K & S D Trust
Welling,darlyne
Quit Claim Deed
related
—
Mar 30, 2015
—
Owner Name Unavailable
Fregia Larry E
Affidavit Of Death
related
—
Feb 11, 2015
—
Krell,janelle J Trust
Krell Janelle J
Quit Claim Deed
related
—
Apr 30, 2014
—
Santa Teresa Company LP
Stewart Seaview Oceanside LLC
Lease
$2,925,000 · Opus Bank
Apr 18, 2013
—
Frauenberger Of Brown Family Trust
Evans,william E
Quit Claim Deed
related
—
Apr 10, 2013
—
Keith Stock
Northern Trust Co
Quit Claim Deed
related
—
Mar 25, 2013
—
Frauenberger Of Brown Family Trust
Frauenberger,donald C
Quit Claim Deed
related
—
Aug 16, 2011
—
Donald C Frauenberger
Evans,william E
Quit Claim Deed
related
—
Jun 8, 2011
—
Donald C Frauenberger
Evans,mabel O
Quit Claim Deed
related
—
May 18, 2011
—
Gloria J Broderick
Northern
Quit Claim Deed
related
—
Aug 31, 2009
—
Stewart Seaview Oceanside Ll
Owner Name Unavailable
Grant Deed
related
$2,675,000 · California Coast Cu
Jun 28, 2004
—
Provident Realty Hillcrest LLC
—
Deed Of Trust
related
$2,000,000 · First Bank Beverly Hills
Jul 12, 2001
$281,000
Carlson Trust
120 North Pacific LLC
Grant Deed
$95,422 · Community National Bank
Jun 29, 2001
$141,000
White Trust
120 North Pacific LLC
Grant Deed
$105,000 · Community National Bank
Nov 28, 2000
$139,500
Close Enterprises INC
120 N Pacific LLC
Grant Deed
$79,800 · Community National Bank
Nov 20, 2000
$266,000
North County Pioneer LLC
120 North Pacific LLC
Grant Deed
related
$239,000 · Us Bank NA
Sep 12, 2000
$100,000
Johnson Trust
120 N Pacific LLC
Grant Deed
$90,000 · Fallbrook National Bank
Aug 1, 2000
$133,000
Roy Heine
120 No Pacific LLC
Grant Deed
$106,500 · Sun Country Bank
Jun 29, 2000
$130,000
May Trust
120 N Pacific LLC
Grant Deed
$97,500 · Fallbrook National Bank
May 24, 2000
$136,000
Norman F Leider
120 N Pacific LLC
Grant Deed
$122,400 · Fallbrook National Bank
Nov 10, 1999
$139,000
Greg W Irwin
120 North Pacific LLC
Grant Deed
$124,000 · San Diego National Bank
Sep 29, 1999
$180,000
A T D LLC
120 N Pacific LLC
Grant Deed
$156,100 · Borrego Scripps Bank
Sep 22, 1999
$128,000
Elliot Barrows
120 North Pacific LLC
Grant Deed
$120,200 · Southwest Community Bank
—
—
120 North Pacific LLC
—
Deed Of Trust
related
$220,000 · La Jolla Loans INC
—
—
David Sharpschnick Trustee
—
Deed Of Trust
related
$117,500 · California Federal 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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