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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Assisted living facilities
1340 Madison Ave El Cajon, CA 92021-8501
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9057712
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1967
Total area
29,165 SF
Lot
1.95 ac (84,942 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
489-123-50-00
UPID
US09-9057712
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
-
Granite Hills Healthcare & Wellness Centre Nursing Home
-
STEWART ALAN LEWIS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Eretz Granite Hills Properties LLC · 12 yrs held
Eretz Granite Hills Properties LLC
since 2014
7 recorded transactions
Zoning & alternative use
RESTRICTED 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$53 / 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
$94,903
Tax year 2024
Assessed value
$5,295,237
Assessed 2024
Previous assessed
$5,295,237
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,622,460
Assessed improvement
$3,672,777
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1967
Heating
NONE
Units
1
Total area
29,165 SF
Lot
1.95 ac (84,942 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
489-123-50-00
UPID
US09-9057712
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · El Cajon, CA
Zoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED 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
1967
Heating
NONE
Units
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Eretz Granite Hills Properties LLC
Entity
Mailing address
5900 WILSHIRE BLVD STE #1600, LOS ANGELES, CA 90036-5016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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 15, 2022
—
Eretz Granite Hills Properties LLC
—
Deed
related
$8,640,000 · Bank Leumi USA
Apr 11, 2019
—
Eretz Granite Hills Prop LLC
—
Deed
related
$1,000,000 · Bank Leumi USA
Jun 18, 2018
—
Eretz Granite Hills Prop LLC
—
Loan Modification
related
$10,510,000 · Bank Leumi USA
May 26, 2017
—
Eretz Granite Hills Props LLC
—
Loan Modification
related
$4,900,000 · Bank Leumi USA
Apr 30, 2014
—
Eretz Granite Hills Properties LLC
Madison Avenue LLC
Grant Deed
$490,000 · Bank Leumi USA
Aug 28, 2002
—
Madsion Avenue LLC
—
Deed Of Trust
related
$2,700,000 · Gmac Commercial Mortgage Corp
May 12, 1995
—
Madison Avenue LLC
—
Deed Of Trust
related
$2,250,000 · Gmac Commercial Mtg Corp
Feb 26, 1988
$100,000
Arpple INC
Showl
Trustees Deed
related
—
—
—
Eretz Granite Hills Prop LLC
—
Loan Modification
related
$1,000,000 · Bank Leumi USA
—
—
Granite Hills Healthcare Wellness Centre LLC
—
Loan Modification
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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