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Property profile & analytics
OFF-MARKET
Estimated value
$2,005,000
Retail space
1490 43rd St San Diego, CA 92113-4555
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6571142
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Total area
6,240 SF
Lot
0.36 ac (15,600 SF)
Zoning code
COMMERCIAL
APN
551-630-04-00
UPID
US09-6571142
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
-
Fred Loya Insurance Insurance Agency
-
Oportun Inc Loan Service
-
Jamba Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Mini Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.32M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$2.01M
Owner & transaction history
Padilla Living Trust · 10 yrs held
Padilla Living Trust
since 2015
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.6M
+35.9%
Auto repair, garage
$2.4M
+24.1%
Apartment house (5+ units)
$2.0M
+4.6%
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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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%
$2,510,000
6.5%
$2,315,000
7%
$2,150,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,940,000
Current use
OFFICE BUILDING
$2,635,000
Change: +36% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,405,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,030,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$2.01M
Range $1.80M – $2.21M · ±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
$321 / 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
$42,157
Tax year 2024
Assessed value
$3,430,000
Assessed 2024
Previous assessed
$3,430,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,202,000
Assessed improvement
$2,228,000
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2003
Heating
NONE
Units
1
Total area
6,240 SF
Lot
0.36 ac (15,600 SF)
Zoning code
COMMERCIAL
APN
551-630-04-00
UPID
US09-6571142
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Padilla Living Trust
Trust
Mailing address
1337 CORDILLERAS AVE, SUNNYVALE, CA 94087-4405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
—
Padilla Living Trust
—
Deed
related
$1,415,000 · Citizens Bank NA
Aug 30, 2022
—
Keeler Court Housing Associates L P
—
Deed
related
$7,188,481 · Department Of Housing And Community Deve
Oct 8, 2015
—
Padilla Living Trust
Rosario Padilla
Intrafamily Transfer
related
$1,690,000 · Jpmorgan Chase Bank NA
Aug 15, 2008
—
Carlos Padilla
Padilla,denise
Quit Claim Deed
$1,900,000 · Washington Mutual Bank
Aug 31, 2007
$3,400,000
Southcrest Cp LLC
Somo Family Trust
Grant Deed
$2,200,000 · Principal Life Insurance Co
Jul 18, 2005
$725,500
Somo Family Trust
Southcrest Park Plaza LLC
Grant Deed
—
Nov 12, 2004
$1,935,000
Southcrest Park Plaza LLC
Rich Dev
Grant Deed
$1,451,250 · Mission FCU
Aug 30, 2002
—
Rich Development Co
Owen,artie M
Grant Deed
related
—
Mar 21, 2001
—
Artie M Owen
American Stores Properties INC
Grant Deed
$382,500 · Neighborhood National Bank
Dec 2, 1994
$3,503,000
Lucky Joint Venture Gordon
—
Grant Deed
related
—
—
—
Rich Development Co
—
Deed Of Trust
related
$925,000 · First Bank & Trust
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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