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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Apartment buildings
12651 Laurel St, Lakeside, CA 92040-2127
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-9458595
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1983
Total area
6,528 SF
Lot
0.31 ac (13,719 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
394-560-01-00
UPID
US09-9458595
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
$1.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
John Dise Linton · 7 yrs held
John Dise Linton
since 2018
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Lakeside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,810,000
6.5%
$1,670,000
7%
$1,550,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,055,000
Current use
RETAIL STORES
$2,155,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±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
$200 / 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
$23,732
Tax year 2024
Assessed value
$1,602,188
Assessed 2024
Previous assessed
$1,602,188
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$508,543
Assessed improvement
$1,093,645
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
1983
Heating
NONE
Units
8
Bathrooms
8
Total area
6,528 SF
Lot
0.31 ac (13,719 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
394-560-01-00
UPID
US09-9458595
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
$2.1M
RETAIL STORES
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1983
Heating
NONE
Units
8
Bathrooms
8
Lot
0.31 ac
Current owner
From public records · entity-resolved
John Dise Linton
Individual
Mailing address
PO BOX 3955, SAN DIEGO, CA 92163-1955
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2018
$1,465,000
John Dise Linton
Alfonso S Zermeno
Grant Deed
$515,000 · Jpmorgan Chase Bank NA
May 28, 2008
$925,000
Alfonso S Zermeno
Jacobs Properties INC
Grant Deed
$693,750 · Wells Fargo Bank NA
Dec 5, 2007
—
Jacobs Properties INC
Us Ore Corp
Grant Deed
—
Feb 12, 2007
—
Jack Wasson
Wasson,constance
Quit Claim Deed
related
—
Jan 26, 2007
—
Us Ore Corp
Wasson,jack
Grant Deed
—
Jan 25, 2007
—
Jack Wasson
Us Ore Corp
Grant Deed
$332,000 · Mortgage Mavens INC
Sep 22, 2006
—
Us Ore Corp
Wasson,jack
Grant Deed
—
Apr 29, 2005
—
Michael P Sheehan
Mowder Family Trust
Quit Claim Deed
related
—
Apr 29, 2005
$935,000
Jack Wasson
Sheehan Family Trust
Grant Deed
$545,000 · La Jolla Bank
Dec 23, 1988
$360,000
Harry A Mowder
Real Estates Des
Grant Deed
—
—
—
Estate Desi Real
—
Deed Of Trust
related
$262,000 · California Federal Bank
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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