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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Apartment buildings
12439 Julian Ave 45, Lakeside, CA 92040-4146
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8097875
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Total area
21,627 SF
Lot
0.83 ac (36,154 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
394-260-09-00
UPID
US09-8097875
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
by Request
Comparable Approach
Comparable
$3.34M
Blend (final)
Blend
$2.57M
Owner & transaction history
Brunetto Living Trust · 6 yrs held
Brunetto Living Trust
since 2019
6 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Lakeside, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±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
$119 / 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
$32,654
Tax year 2024
Assessed value
$1,173,222
Assessed 2024
Previous assessed
$1,173,222
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$364,710
Assessed improvement
$808,512
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
1966
Heating
NONE
Units
37
Total area
21,627 SF
Lot
0.83 ac (36,154 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
394-260-09-00
UPID
US09-8097875
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Lakeside, CA
Zoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · 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.
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Units
37
Lot
0.83 ac
Current owner
From public records · entity-resolved
Brunetto Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
12837 CAMINO RAMILLETTE, SAN DIEGO, CA 92128-1708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 24, 2019
—
Brunetto Living Trust
G F Brunetto Benedetto
Quit Claim Deed
related
—
Sep 26, 2019
—
Mckinley Family Trust
Mckinley,forrest S
Affidavit Of Death
related
—
Jul 12, 2013
—
Mckinley Family Trust
Mckinley Investments LP
Quit Claim Deed
related
—
Oct 17, 2012
—
Jon F Mckinley
Lopez,judith R
Quit Claim Deed
related
—
Aug 31, 2012
—
Benedetto G F Brunetto
Mckinley Investments LP
Grant Deed
—
Dec 26, 1997
$600,000
Forrest S Mckinley Trustee
Zaebst,mark & Teresa
Grant Deed
$600,000 · Home Savings Of America
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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