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Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Turn key restaurants
1340 Broadway El Cajon, CA 92021-5810
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6778252
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Total area
12,903 SF
Lot
1.44 ac (62,726 SF)
Zoning code
COMMERCIAL
APN
484-231-11-00
UPID
US09-6778252
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
-
St Michael Aid Society Church Mosque
-
Royal Palace Banquet Hall Wedding Service
-
Elm ADHC (CBAS) Center Adult Day Care
-
Bostonia Ballroom Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$4.33M
Owner & transaction history
Rhmv 1340 LLC · 4 yrs held
Rhmv 1340 LLC
since 2021
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$3,005,000
ML approach
$3,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±10% · vs last sale $4.39M (Nov 8 2021)
Last sale anchor
$4.39M
Nov 8 2021
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
$336 / 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
$43,768
Tax year 2024
Assessed value
$3,464,532
Assessed 2024
Previous assessed
$3,464,532
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,601,000
Assessed improvement
$863,532
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Heating
NONE
Units
1
Total area
12,903 SF
Lot
1.44 ac (62,726 SF)
Zoning code
COMMERCIAL
APN
484-231-11-00
UPID
US09-6778252
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Units
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Rhmv 1340 LLC
Entity
Mailing address
11426 SIR FRANCIS DRAKE DR, LA MESA, CA 91941-7266
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 8, 2021
$4,390,000
Rhmv 1340 LLC
1340 Broadway LLC
Grant Deed
$3,733,000 · Mufg Union Bank NA
Aug 31, 2016
—
1340 Broadway LLC
Sunset Equity Partners LLC
Grant Deed
$850,000 · Golden State Bank
Jul 10, 2015
$1,170,000
Sunset Equity Partners LLC
Adel M Kalsho
Trustees Deed
related
$584,500 · Pacific Enterprise Bank
Oct 29, 2004
—
Namir Mattia
Oliveri,pasquale
Grant Deed
$775,000 · Neighborhood National Bank
Jun 30, 1998
$850,000
Pasquale Oliveri
Jansen,charles W & Sheri A
Grant Deed
$575,000 · Seller
—
—
Charles W Jansen
—
Deed Of Trust
related
$400,000 · Capitol Thrift & Loan
—
—
Namir Mattia
—
Deed Of Trust
related
$386,000 · Neighborhood National Bank
—
—
Namir Mattia
—
Deed Of Trust
related
$800,000 · Neighborhood National Bank
—
—
Namir Mattia
—
Deed Of Trust
related
$797,000 · Cdc Small Business Finance Co
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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