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Property profile & analytics
OFF-MARKET
Investment properties
140 3rd St Grover Beach, CA 93433-1906
Trust Owned
8-yr Hold
Property ID
US09-1989051
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1959
Construction
WOOD
Total area
1,296 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CCV
APN
060-206-016
UPID
US09-1989051
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hunt Family Trust · 8 yrs held
Hunt Family Trust
since 2018
7 recorded transactions
Zoning & alternative use
CCV · Grover Beach, 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 Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,716
Tax year 2024
Assessed value
$324,481
Assessed 2024
Previous assessed
$324,481
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$210,314
Assessed improvement
$114,167
Applied tax rate
5.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Rooms
6
Bathrooms
1
Total area
1,296 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CCV
APN
060-206-016
UPID
US09-1989051
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CCV · Grover Beach, CA
Zoning CCV · permitted uses
CCV · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Rooms
6
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hunt Family Trust
Trust
Mailing address
140 S 3RD ST, GROVER BEACH, CA 93433-1906
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
The Hunt Family Trust
—
Deed
related
$335,000 · Kind Lending LLC
May 24, 2018
—
Hunt Family Trust
Hunt,aaron & Megan
Quit Claim Deed
related
—
Mar 31, 2014
$270,000
Aaron Hunt
Cobaltco LLC
Grant Deed
$298,444 · Plaza Home Mortgage INC
May 6, 2013
$200,000
Cobaltco LLC
Avila,dorothy B & Arlindo L
Grant Deed
—
Jul 13, 2009
—
Arlindo L Arila
Arila,dorothy B
Quit Claim Deed
related
—
Jan 21, 2009
—
Mabel L Avila
Avila,mabel L
Quit Claim Deed
related
—
Mar 11, 1996
—
Mabel L Avila
Avila,mabel
Quit Claim Deed
related
$45,000 · American Savings Bank
—
—
Mabel Avila
—
Deed Of Trust
related
$43,000 · Home Savings Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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