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Property profile & analytics
OFF-MARKET
Estimated value
$11,730,000
Assisted living facilities
1260 Ohio Ave Escondido, CA 92027-3054
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7424428
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1963
Total area
24,432 SF
Lot
1.7 ac (74,052 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
230-210-20-00
UPID
US09-7424428
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
-
Palomar Heights Post Acute Nursing Home
-
Stefani Catour Medical School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.39M
Blend (final)
Blend
$11.73M
Owner & transaction history
1260 East Ohio Avenue LLC · 4 yrs held
1260 East Ohio Avenue LLC
since 2022
Last sale
$13.3M
7 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning | Escondido, CA
Top alternative use upside
Restaurant
$16.0M
+115.0%
Auto repair, garage
$9.3M
+25.2%
Office building
$8.8M
+18.2%
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$13,800,000
ML approach
$8,955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$7,450,000
Current use
RESTAURANT
$16,020,000
Change: +115% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,325,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$8,810,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$7,440,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$11.73M
Range $10.56M – $12.90M · ±10% · vs last sale $13.25M (Aug 2 2022)
Last sale anchor
$13.25M
Aug 2 2022
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
$480 / 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
$104,099
Tax year 2024
Assessed value
$9,129,000
Assessed 2024
Previous assessed
$9,129,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$4,080,000
Assessed improvement
$5,049,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1963
Heating
NONE
Units
98
Total area
24,432 SF
Lot
1.7 ac (74,052 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
230-210-20-00
UPID
US09-7424428
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CAZoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Escondido, CA
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$7.5M
RESTAURANT
Est. value
$16.0M
AUTO REPAIR, GARAGE
Est. value
$9.3M
OFFICE BUILDING
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$7.4M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL 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
1963
Heating
NONE
Units
98
Lot
1.7 ac
Current owner
From public records · entity-resolved
1260 East Ohio Avenue LLC
Entity
Mailing address
6442 COLDWATER CYN AVE STE #100, N HOLLYWOOD, CA 91606-1191
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
1260 East Ohio Avenue LLC
—
Deed
related
$15,500,000 · Popular Bank
Aug 2, 2022
$13,250,000
1260 East Ohio Avenue LLC
Mek Palomar Property LLC
Grant Deed
$75,650,000 · Ctr Partnership LP
Feb 20, 2018
—
Mek Palomar Property LLC
—
Deed
related
$3,000,000 · Cathay Bank
Jan 31, 2008
$1,500,000
Mek Palomar Property LLC
Ohi Asset II Ca LLC
Grant Deed
$1,350,000 · Far East National Bank
Jun 22, 2006
—
Palomar Heights Care Center Ll
Ohi Asset II LLC
Grant Deed
related
—
Mar 18, 2004
—
Ohi Asset Ca LLC
Ohi Asset Ca LLC
Quit Claim Deed
related
—
Jun 27, 2003
—
Ohi Asset Ca LLC
Delta Investors LLC
Grant Deed
related
$225,000,000 · General Electric Capital Ttee
Oct 9, 1997
$2,629,000
Delta Investers LLC
Care Enterprises INC
Grant Deed
—
—
—
Mek Palomar Property LLC
—
Deed Of Trust
related
$3,000,000 · Far East National Bank
—
—
Care Enterprises INC
—
Deed Of Trust
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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