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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Apartment buildings
1222 Hermes Ave 30 Encinitas, CA 92024-1608
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8921320
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Total area
6,888 SF
Lot
0.42 ac (18,189 SF)
Zoning code
R-2:MINOR MULTIPLE
APN
254-253-06-00
UPID
US09-8921320
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
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Toni Popien · 1 yrs held
Toni Popien
since 2024
Last sale
$646,000
7 recorded transactions
Zoning & alternative use
R-2:MINOR 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
$645,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $646k (Dec 12 2024)
Last sale anchor
$646k
Dec 12 2024
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
$94 / 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
$15,691
Tax year 2024
Assessed value
$1,212,263
Assessed 2024
Previous assessed
$1,212,263
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$562,970
Assessed improvement
$649,293
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
1980
Heating
NONE
Units
5
Bathrooms
9
Total area
6,888 SF
Lot
0.42 ac (18,189 SF)
Zoning code
R-2:MINOR MULTIPLE
APN
254-253-06-00
UPID
US09-8921320
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-2:MINOR MULTIPLE · Encinitas, CA
Zoning R-2:MINOR MULTIPLE · permitted uses
R-2:MINOR 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
1980
Heating
NONE
Units
5
Bathrooms
9
Lot
0.42 ac
Current owner
From public records · entity-resolved
Toni Popien
Individual
Mailing address
10647 BIRCH BLF AVE, SAN DIEGO, CA 92131-2211
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
—
Toni Popien
Toni Popien
Deed
related
—
Apr 3, 2019
—
Toni Popien
—
Deed
related
$850,000 · Jpmorgan Chase Bank NA
Apr 16, 2003
—
Popien,tr
Popien,tr
Quit Claim Deed
related
$53,000 · Popien Trust
Mar 24, 1997
—
Michael R Etal Popien
Popien,michael & Toni
Quit Claim Deed
related
—
Dec 20, 1988
—
Popien Michael
Popien Guenther
Quit Claim Deed
related
$109,077 · Popien Guenther
Jun 30, 1988
$646,000
Popien Michael
San Diego Realty
Trustees Deed
$453,000 · California Federal Bank
Jun 30, 1988
—
San Diego Realty
Schneider Dale
Trustees Deed
related
—
Jun 30, 1988
$135,500
San Diego Realty
Maloney J Michae
Grant Deed
related
—
—
—
Poplen,tr
—
Deed Of Trust
related
$500,000 · 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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