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Property profile & analytics
OFF-MARKET
Estimated value
$4,650,000
Apartment buildings
1244 Santa Ynez Ave, Los Osos, CA 93402-2846
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1446837
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
2.06 ac (89,907 SF)
Zoning code
RMF
APN
074-223-003
UPID
US09-1446837
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
$4.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.65M
Owner & transaction history
Belvedere Land Co LP · 5 yrs held
Belvedere Land Co LP
since 2020
Last sale
$4.3M
5 recorded transactions
Zoning & alternative use
RMF · Los Osos, 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 Los Osos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Osos 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
$5,035,000
ML approach
$4,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.65M
Range $4.19M – $5.12M · ±10% · vs last sale $4.30M (Sep 1 2020)
Last sale anchor
$4.30M
Sep 1 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
—
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
$92,771
Tax year 2024
Assessed value
$4,563,194
Assessed 2024
Previous assessed
$4,563,194
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$2,971,382
Applied tax rate
112.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Lot
2.06 ac (89,907 SF)
Zoning code
RMF
APN
074-223-003
UPID
US09-1446837
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RMF · Los Osos, CA
Zoning RMF · permitted uses
RMF · Los Osos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Osos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.06 ac
Current owner
From public records · entity-resolved
Belvedere Land Co LP
Entity
Free & Clear · 5 yrs held
Mailing address
83 BCH RD, BELVEDERE, CA 94920-2310
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
$4,300,000
Belvedere Land Co LP
Stark J T & Girard J E Trust
Grant Deed
—
Apr 14, 2015
—
Stark,jiordana T & John E Trust
Stark Jiordana T
Quit Claim Deed
related
—
Apr 10, 2015
—
Jiordana T Stark
Girard John E
Quit Claim Deed
related
$100,000 · Sesloc FCU
Nov 19, 2008
—
Stark J T & Girard J E Trust
Stark,jiordana T
Quit Claim Deed
related
—
Oct 9, 1998
—
Jiordana T Stark
Hedger,susan
Grant Deed
related
—
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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