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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Apartment buildings
1455 Ramona Ave Grover Beach, CA 93433-2282
Trust Owned
25-yr Hold
Free & Clear
Property ID
US09-0620403
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
4,482 SF
Lot
0.23 ac (9,900 SF)
Zoning code
R3
APN
060-176-046
UPID
US09-0620403
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
$955k
Blend (final)
Blend
$745k
Owner & transaction history
Saber Trust · 25 yrs held
Saber Trust
since 2001
7 recorded transactions
Zoning & alternative use
R3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$166 / 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
$6,344
Tax year 2024
Assessed value
$553,966
Assessed 2024
Previous assessed
$553,966
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$184,651
Assessed improvement
$369,315
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Rooms
30
Bathrooms
10
Total area
4,482 SF
Lot
0.23 ac (9,900 SF)
Zoning code
R3
APN
060-176-046
UPID
US09-0620403
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
R3 · Grover Beach, CA
Zoning R3 · permitted uses
R3 · 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
1973
Construction
WOOD
Heating
NONE
Rooms
30
Bathrooms
10
Lot
0.23 ac
Current owner
From public records · entity-resolved
Saber Trust
Trust
Free & Clear · 25 yrs held
Mailing address
PO BOX 1031, PISMO BEACH, CA 93448-1031
Ownership since
2001
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
May 11, 2001
—
Saber Trust
Saber-motamedi,homayon & Michelle
Quit Claim Deed
related
—
Dec 22, 2000
$380,000
Homayon Saber-motamedi
Frady,johnny L
Grant Deed
$281,250 · Santa Barbara Bank & Trust
Mar 26, 1999
$315,000
Johnny L Frady
Celmayster,james M & Diana R
Grant Deed
$120,000 · Celmayster Trust
Oct 20, 1989
$121,500
James Celmayster
Wu,sing W
Grant Deed
related
$51,350
—
—
Johnny L Frady
—
Deed Of Trust
related
$130,000 · Los Padres Savings Bank
—
—
James Celmayster
—
Deed Of Trust
related
$245,000 · Coast Federal Bank
—
—
Saber Family Trust
—
Deed Of Trust
related
$350,000 · Santa Barbara Bank & Trust
—
—
Saber,tr
—
Deed Of Trust
related
$310,000 · Washington Mutual Fsb
—
—
Jame Celmayster
—
Deed Of Trust
related
$238,000 · Coast Federal Bank
—
—
Saber Family Trust
—
Deed Of Trust
related
$350,000 · Wachovia Mortgage Fsb
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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