Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Apartment buildings
1251 Dolliver St Pismo Beach, CA 93449-2205
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2344258
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1941
Construction
WOOD
Total area
4,127 SF
Lot
0.22 ac (9,630 SF)
Zoning code
RR
APN
005-113-001
UPID
US09-2344258
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
$790k
Blend (final)
Blend
$660k
Owner & transaction history
Middleton,brad & Peggy F Tr · 8 yrs held
Middleton,brad & Peggy F Tr
since 2018
5 recorded transactions
Zoning & alternative use
RR · Pismo Beach, 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 Pismo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pismo Beach 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
$660k
Range $594k – $726k · ±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
$160 / 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
$7,065
Tax year 2024
Assessed value
$589,415
Assessed 2024
Previous assessed
$589,415
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$270,811
Assessed improvement
$318,604
Applied tax rate
4.0000
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
1941
Construction
WOOD
Heating
NONE
Rooms
22
Bathrooms
7
Total area
4,127 SF
Lot
0.22 ac (9,630 SF)
Zoning code
RR
APN
005-113-001
UPID
US09-2344258
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RR · Pismo Beach, CA
Zoning RR · permitted uses
RR · Pismo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pismo Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1941
Construction
WOOD
Heating
NONE
Rooms
22
Bathrooms
7
Lot
0.22 ac
Current owner
From public records · entity-resolved
Middleton,brad & Peggy F Tr
Individual
Free & Clear · 8 yrs held
Mailing address
1534 S WALNUT DR, SANTA MARIA, CA 93458-7125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 23, 2018
—
Middleton,brad & Peggy F Tr
Middleton Apt Complex Sub
Quit Claim Deed
related
—
Jul 23, 2012
—
Middleton Trust
Middleton B G & M C Liv Trlt
Quit Claim Deed
related
—
Jul 6, 2011
—
Middleton B G & M Living Trust
Middleton,bennett G
Affidavit Of Death
related
—
Apr 12, 2011
—
Middleton B G & M C Living Trust
Middleton Family Trust
Quit Claim Deed
related
—
Jul 10, 1991
$525,000
Stephen J Helvie
Phillips,helen D
Grant Deed
$191,000 · Plaza Savings & Loan
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 1251 Dolliver St?
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.
