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Property profile & analytics
OFF-MARKET
Estimated value
$5,185,000
Apartment buildings
13240 Community Rd Poway, CA 92064-4765
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9298285
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Total area
20,529 SF
Lot
0.78 ac (33,976 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
317-101-18-00
UPID
US09-9298285
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
-
Reliable Plumbers of Poway Plumbing Service General Contractor
-
High Dimensions Inc Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
$5.25M
Comparable Approach
Comparable
$7.21M
Blend (final)
Blend
$5.19M
Owner & transaction history
Tobe Properties LLC · 9 yrs held
Tobe Properties LLC
since 2017
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Poway, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.4M
+30.5%
Auto repair, garage
$7.8M
+21.3%
Office building
$7.4M
+14.5%
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 Poway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poway 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
$5,920,000
ML approach
$5,325,000
CAP Approach
CAP Return
Estimation
6%
$5,685,000
6.5%
$5,250,000
7%
$4,875,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,465,000
Current use
RETAIL STORES
$8,435,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,835,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$7,405,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$5.19M
Range $4.67M – $5.70M · ±10% · vs last sale $4.72M (Apr 30 2020)
Last sale anchor
$4.72M
Apr 30 2020
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
$253 / 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
$47,255
Tax year 2024
Assessed value
$4,064,836
Assessed 2024
Previous assessed
$4,064,836
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,699,186
Assessed improvement
$2,365,650
Applied tax rate
17.0000
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
1969
Heating
NONE
Units
24
Total area
20,529 SF
Lot
0.78 ac (33,976 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
317-101-18-00
UPID
US09-9298285
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Poway, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Poway, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Poway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.5M
RETAIL STORES
Est. value
$8.4M
AUTO REPAIR, GARAGE
Est. value
$7.8M
OFFICE BUILDING
Est. value
$7.4M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE 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
1969
Heating
NONE
Units
24
Lot
0.78 ac
Current owner
From public records · entity-resolved
Tobe Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3420 GAGE PL, SAN DIEGO, CA 92106-3231
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2024
—
Newgen Properties LLC
—
Deed
related
$2,000,000 · Jpmorgan Chase Bank NA
Apr 3, 2017
—
Newgen Properties LLC
—
Deed
related
$4,350,000 · Jpmorgan Chase Bank NA
Feb 16, 2017
$90,000
Tobe Properties LLC
Newgen Properties LLC
Grant Deed
—
Oct 10, 2002
—
Newgen Properties LLC
Community Road Associates
Grant Deed
$4,495,000 · Washington Mutual Fsb
Mar 30, 1998
—
Community Road Associates
—
Deed Of Trust
related
$2,450,000 · Highland Federal Bank
—
—
Community Rd Assoc
—
Deed Of Trust
related
—
—
—
Community Road Associates
—
Deed Of Trust
related
$2,500,000 · Southern California 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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