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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Investment properties
12 Ocean Ave Cayucos, CA 93430-1658
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1392596
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2006
Construction
WOOD
Total area
5,080 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CR
APN
064-114-020
UPID
US09-1392596
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
-
Honey Girl Cafe Cafe & Coffee Shop
-
Cayucos Sausage Co Take-out & Catering Specialty Food Shop
-
Rio Salon and Spa Hair Salon
-
Pier View Suites Vacation Rental Real Estate Agency
-
Happy go Smile Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$815k
Owner & transaction history
Pier View Rentals LLC · 2 yrs held
Pier View Rentals LLC
since 2024
7 recorded transactions
Zoning & alternative use
CR · Cayucos, 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 Cayucos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cayucos 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%
$965,000
6.5%
$890,000
7%
$825,000
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$160 / 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
$21,258
Tax year 2024
Assessed value
$1,442,430
Assessed 2024
Previous assessed
$1,442,430
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$185,837
Assessed improvement
$1,256,593
Applied tax rate
63.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Total area
5,080 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CR
APN
064-114-020
UPID
US09-1392596
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Cayucos, CA
Zoning CR · permitted uses
CR · Cayucos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cayucos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Pier View Rentals LLC
Entity
Free & Clear · 2 yrs held
Mailing address
92 PACIFIC AVE, CAYUCOS, CA 93430-1644
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
—
Pier View Rentals LLC
Jason Papousek Hargett
Intrafamily Transfer
related
—
Jan 10, 2024
—
Jason Papousek Hargett
Pier View Suites LLC
Grant Deed
—
Dec 22, 2023
—
Pier View Suites LLC
Jason Papousek Hargett
Grant Deed
—
Aug 15, 2019
—
Hargett,jason P Living Trust
Hargett,jason P
Quit Claim Deed
related
—
Sep 19, 2018
—
Jason P Hargett
Connie L P 2017 Trust
Quit Claim Deed
related
—
Aug 31, 2005
—
Papousek Connie L 1995 Trust
Papousek,connie L
Quit Claim Deed
related
—
Sep 19, 2003
—
Papousek,tr
—
Grant Deed
related
$2,728,500 · Heritage Oaks 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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