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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
1390 Price St Pismo Beach, CA 93449-2218
Trust Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0937411
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
WOOD
Total area
2,473 SF
Lot
0.08 ac (3,500 SF)
Zoning code
CG
APN
005-063-018
UPID
US09-0937411
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
-
Pismo Property Management Property Management Company Vacation Home Rental Agency
-
Sacred Path Holistic Therapy Counselor Family Counselor
-
WAV Group Business Management Consultant Public Relations Firm
-
Gentry Insurance Inc Insurance Agency
-
Oxifresh carpet cleaning Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$500k
Owner & transaction history
Torres Trust · 26 yrs held
Torres Trust
since 2000
7 recorded transactions
Zoning & alternative use
CG · Pismo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CG zoning district is applied to areas appropriate for pedestrian scale retail shopping, office, and personal service use
Zone name
General Commercial
General category
COMMERCIAL
Zone area
81.09 ac
Source
Realmo
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 Pismo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pismo Beach 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$202 / 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
$6,361
Tax year 2024
Assessed value
$590,901
Assessed 2024
Previous assessed
$590,901
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$310,224
Assessed improvement
$280,677
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Rooms
10
Bathrooms
4
Total area
2,473 SF
Lot
0.08 ac (3,500 SF)
Zoning code
CG
APN
005-063-018
UPID
US09-0937411
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CG · Pismo Beach, CAZoning CG · permitted uses
CG · Pismo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CG zoning district is applied to areas appropriate for pedestrian scale retail shopping, office, and personal service use
Zone name
General Commercial
General category
COMMERCIAL
Zone area
81.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Rooms
10
Bathrooms
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Torres Trust
Trust
Mailing address
1011 MARGARITA AVE, GROVER BEACH, CA 93433-1132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
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
Jul 14, 2000
$400,000
Torres Trust
Lentz,ronald J & Veronica
Grant Deed
$355,000 · Seller
Aug 4, 1995
—
Ronald J Lentz
Barkdull Trust
Grant Deed
related
—
Mar 31, 1995
$200,000
Ronald J Lentz
Barkdull,sherwood D & Donna M
Grant Deed
$190,000 · Seller
—
—
Torres Family Trust
—
Deed Of Trust
related
$225,000 · Heritage Oaks Bank
—
—
Torres Family Trust
—
Deed Of Trust
related
$300,000 · Terry W & Pamela Carter
—
—
Torres Family Trust
—
Deed Of Trust
related
$320,000 · Fena Robin E Trust (pt)
—
—
Torres,tr
—
Deed Of Trust
related
$400,000 · Bank Of America
—
—
Torres Trust
—
Deed Of Trust
related
$400,000 · Coast National Bank
—
—
Torres Family Trust
—
Deed Of Trust
related
$375,000 · Kristy M Pellett
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
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