New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Apartment buildings
12369 Lakeshore Dr, Lakeside, CA 92040-3035
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9408628
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Total area
5,928 SF
Lot
0.44 ac (19,063 SF)
Zoning code
COMMERCIAL
APN
394-110-48-00
UPID
US09-9408628
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
$4.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.90M
Blend (final)
Blend
$3.54M
Owner & transaction history
Carr,roger A Living Trust · 6 yrs held
Carr,roger A Living Trust
since 2020
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Lakeside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.3M
+186.2%
Restaurant
$3.9M
+108.3%
Medical building
$2.8M
+50.8%
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 Lakeside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeside 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
$4,140,000
ML approach
$4,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,340,000
Change: +186% · Conversion: Difficult
RESTAURANT
$3,885,000
Change: +108% · Conversion: Difficult
MEDICAL BUILDING
$2,815,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,265,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$2,140,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±10% · vs last sale $3.30M (Feb 11 2020)
Last sale anchor
$3.30M
Feb 11 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
$596 / 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
$28,161
Tax year 2024
Assessed value
$1,877,414
Assessed 2024
Previous assessed
$1,877,414
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$853,370
Assessed improvement
$1,024,044
Applied tax rate
82.0000
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
1986
Heating
NONE
Units
10
Total area
5,928 SF
Lot
0.44 ac (19,063 SF)
Zoning code
COMMERCIAL
APN
394-110-48-00
UPID
US09-9408628
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Lakeside, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Lakeside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
RESTAURANT
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
10
Lot
0.44 ac
Current owner
From public records · entity-resolved
Carr,roger A Living Trust
Trust
Mailing address
1719 FT STOCKTON DR, SAN DIEGO, CA 92103-1601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2020
—
Carr,roger A Living Trust
Roger A Carr
Quit Claim Deed
related
—
Aug 25, 2016
$3,300,000
Roger Andrew Carr
Mot I LLC
Grant Deed
$2,471,250 · Jpmorgan Chase Bank NA
Jun 21, 2012
—
Patt M Donald Trust
Jasndav LLC
Grant Deed
—
Jun 21, 2012
$1,605,000
Mot I LLC
Patt M Donald Trust
Grant Deed
—
Apr 14, 2005
—
Jasndav LLC
Patt M D Trust
Quit Claim Deed
related
—
Aug 20, 1999
$810,000
William J Hauf
Laubach,paul A & Andrew C
Grant Deed
$607,500 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12369 Lakeshore Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
