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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Apartment buildings
1215 Mitchell St Oceanside, CA 92054-5239
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7124104
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Total area
4,182 SF
Lot
0.12 ac (5,034 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
152-192-04-00
UPID
US09-7124104
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$995k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Mitchell 1211 LLC · 19 yrs held
Mitchell 1211 LLC
since 2007
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$995,000
7%
$925,000
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$187 / 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
$11,753
Tax year 2024
Assessed value
$1,040,290
Assessed 2024
Previous assessed
$1,040,290
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$551,670
Assessed improvement
$488,620
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
1953
Heating
NONE
Units
7
Bathrooms
7
Total area
4,182 SF
Lot
0.12 ac (5,034 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
152-192-04-00
UPID
US09-7124104
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Oceanside, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · 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
1953
Heating
NONE
Units
7
Bathrooms
7
Lot
0.12 ac
Current owner
From public records · entity-resolved
Mitchell 1211 LLC
Entity
Mailing address
5635 RUTGERS RD, LA JOLLA, CA 92037-7827
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
—
Mitchell 1211 LLC
—
Deed
related
$1,200,000 · Jpmorgan Chase Bank NA
Aug 8, 2016
—
Mitchell 1211 LLC
—
Deed
related
$825,000 · Jp Morgan Chase Bk
Feb 15, 2007
—
Mitchell 1211 LLC
Caffrey,michael S & Diane
Grant Deed
$950,000 · Provident Savings Bank
Dec 27, 2006
—
Michael S Caffrey
204 East Second St LLC
Grant Deed
—
Dec 23, 2002
$1,425,000
204 E 2nd St LLC
Clear Blue Waters LLC
Grant Deed
$500,000 · American Mortgage Express Fina
Aug 9, 2002
—
Blue W Clear
Cole,john A & Ennifer M
Grant Deed
related
—
Jul 29, 2002
$1,000,000
John A Cole
Alford Trust
Grant Deed
$700,000 · Alford Trust
Aug 17, 1995
—
William C Etal Alford
Alford,wm C Etal
Quit Claim Deed
related
—
—
—
Mitchell 1211 LLC
—
Deed Of Trust
related
$825,000 · Jp Morgan Chase Bk
—
—
204 East 2nd St LLC
—
Deed Of Trust
related
$770,000 · Washington Mutual Fsb
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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