New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,290,000
Apartment buildings
12630 Lakeshore Dr, Lakeside, CA 92040-3223
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9458605
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Total area
29,174 SF
Lot
1.24 ac (54,014 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
394-063-17-00
UPID
US09-9458605
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
-
Lakeshore Villa Apartments Apartment Building
-
Spartan Muscle Therapy Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.38M
CAP Approach
CAP
$7.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.29M
Owner & transaction history
Pi Properties No 45 LLC · 4 yrs held
Pi Properties No 45 LLC
since 2022
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Lakeside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.1M
+21.3%
Office building
$10.5M
+14.5%
Retail stores
$9.6M
+4.9%
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
$7,615,000
ML approach
$7,375,000
CAP Approach
CAP Return
Estimation
6%
$8,080,000
6.5%
$7,460,000
7%
$6,925,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,185,000
Current use
AUTO REPAIR, GARAGE
$11,135,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$10,520,000
Change: +15% · Conversion: Moderate
RETAIL STORES
$9,635,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$8.29M
Range $7.46M – $9.12M · ±10% · vs last sale $9.50M (Jun 30 2022)
Last sale anchor
$9.50M
Jun 30 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
$284 / 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
$140,892
Tax year 2024
Assessed value
$9,883,800
Assessed 2024
Previous assessed
$9,883,800
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$5,722,200
Assessed improvement
$4,161,600
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
1974
Heating
NONE
Units
40
Total area
29,174 SF
Lot
1.24 ac (54,014 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
394-063-17-00
UPID
US09-9458605
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Lakeside, CA
Zoning 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
Lakeside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.2M
AUTO REPAIR, GARAGE
Est. value
$11.1M
OFFICE BUILDING
Est. value
$10.5M
RETAIL STORES
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1974
Heating
NONE
Units
40
Lot
1.24 ac
Current owner
From public records · entity-resolved
Pi Properties No 45 LLC
Entity
Mailing address
610 N SANTA ANITA AVE, ARCADIA, CA 91006-2722
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
—
Pi Properties No 45 LLC
—
Deed
related
$5,300,000 · Jpmorgan Chase Bank NA
Jun 30, 2022
$9,500,000
Pi Properties No 45 LLC
Timothy C Buege
Grant Deed
$7,120,000 · Axos Bank
Dec 28, 2017
—
Timothy Carl Buege
—
Deed
related
$3,000,000 · Mufg Union Bank NA
Mar 23, 2007
—
Buege Family Trust
Buege,timothy C
Quit Claim Deed
related
—
Apr 14, 2004
—
Timothy C Buege
Buege,tr
Quit Claim Deed
related
$1,100,000 · East West Bank
Apr 1, 2003
$3,280,000
Buege,tr
Boardman,michael A
Grant Deed
$1,755,000 · Washington Mutual Fsb
Jan 30, 1996
—
Michael A Boardman
Boardman,deborah
Quit Claim Deed
related
—
Jan 30, 1996
$960,000
Boardman,michael A
First Federal Bank Ca
Trustees Deed
$816,000 · First Federal Bank Ca
Jun 21, 1995
$1,100,000
First Federal Bank Ca
Madori,susan E
Trustees Deed
related
—
—
—
Timothy C Buege
—
Deed Of Trust
related
$750,000 · East West Bank
—
—
Michael A Boardman
—
Deed Of Trust
related
$60,000 · Seacoast Equities INC
—
—
Michael A Boardman
—
Deed Of Trust
related
$315,000 · Housing Authority San Diego
—
—
Susan E Madori
—
Deed Of Trust
related
$1,140,000 · First Federal Savings & Loan
—
—
Timothy C Buege
—
Deed Of Trust
related
$2,415,000 · East West Bank
—
—
Timothy C Buege
—
Deed Of Trust
related
$200,000 · Masiel Presley INC
—
—
Timothy C Buege
—
Deed Of Trust
related
$132,000 · Beaird Robert L & C A Trust
—
—
Michael A Boardman
—
Deed Of Trust
related
$450,000 · California Bank & Trust
—
—
Timothy C Buege
—
Deed Of Trust
related
$108,000 · Beaird Robert L & C A Trust
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 12630 Lakeshore Dr?
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.
