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Property profile & analytics
OFF-MARKET
Estimated value
$3,390,000
Apartment buildings
12571 Laurel St Lakeside, CA 92040-3163
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9458608
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Total area
26,544 SF
Lot
1.18 ac (51,400 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
394-064-18-00
UPID
US09-9458608
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
Current use
Occupant on record · Public records
-
Twin Palm Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.39M
Owner & transaction history
Pacific Twin Palms LP · 22 yrs held
Pacific Twin Palms LP
since 2003
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · 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
$3.39M
Range $3.05M – $3.73M · ±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
$128 / 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
$56,080
Tax year 2024
Assessed value
$3,063,219
Assessed 2024
Previous assessed
$3,063,219
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,013,827
Assessed improvement
$2,049,392
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
35
Total area
26,544 SF
Lot
1.18 ac (51,400 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
394-064-18-00
UPID
US09-9458608
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Lakeside, CAZoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Lakeside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
35
Lot
1.18 ac
Current owner
From public records · entity-resolved
Pacific Twin Palms LP
Entity
Mailing address
1775 HANCOCK ST STE #100, SAN DIEGO, CA 92110-2035
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Nov 21, 2003
—
Pacific Twin Palms LP
Pacific Twin Palms LP
Quit Claim Deed
related
$2,040,000 · First Bank Beverly Hills
Aug 15, 2001
$2,115,000
Escondido Ventures INC
Mcmillan Trust
Grant Deed
—
Dec 30, 1993
—
Macey L Mc Millin JR.
Mc Millin,macey
Quit Claim Deed
related
—
Dec 1, 1989
—
Macy L Mcmillin
Mcmillin Macey L
Quit Claim Deed
related
$1,400,000 · Columbia Savings & Loan
Nov 10, 1988
$954,750
Shielly Joe W
Arpple INC
Trustees Deed
—
Nov 10, 1988
$404,000
Macey L Mcmillin
Klein Irwin C
Trustees Deed
related
—
—
—
Mc Millin,trust
—
Deed Of Trust
related
$808,000 · American Savings Bank
—
—
Shielly Joe W
—
Deed Of Trust
related
—
—
—
Pacific Twin Palms LP
—
Deed Of Trust
related
$1,554,500 · 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.
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