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Property profile & analytics
OFF-MARKET
Assisted living facilities
1508 Circa Del Lago B103 San Marcos, CA 92078-7203
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-9035692
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1988
Total area
660 SF
Lot
1.16 ac (50,696 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
221-570-30-03
UPID
US09-9035692
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
Minnick,marian L Trust · 6 yrs held
Minnick,marian L Trust
since 2019
7 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · San Marcos, 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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
$1,496
Tax year 2024
Assessed value
$139,382
Assessed 2024
Previous assessed
$139,382
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$75,052
Assessed improvement
$64,330
Applied tax rate
76.0000
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
1988
Heating
NONE
Units
1
Bathrooms
1
Total area
660 SF
Lot
1.16 ac (50,696 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
221-570-30-03
UPID
US09-9035692
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · San Marcos, CA
Zoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Units
1
Bathrooms
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Minnick,marian L Trust
Trust
Free & Clear · 6 yrs held
Mailing address
1508 CIRCA DEL LAGO UNIT B103, SAN MARCOS, CA 92078-7203
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Nov 12, 2019
$130,000
Minnick,marian L Trust
Wessells Joan M Family Trust
Grant Deed
—
Nov 29, 2011
—
Wessells Joan M Family Trust
Wessells,joan
Quit Claim Deed
related
—
Sep 11, 2008
—
Wessells Joan Trust
Wessells,joan
Quit Claim Deed
related
—
Feb 15, 2008
$98,000
Joan M Wessells
Randall Trust
Grant Deed
—
Dec 27, 2007
—
Randall Trust
Randall,mary R
Quit Claim Deed
related
—
May 5, 2004
$170,000
Marv R Randall
Johnston,tr
Grant Deed
—
Aug 26, 1996
—
Grace R Etal Johnston
Johnston,grace R Etal
Quit Claim Deed
related
—
Jun 28, 1988
$95,000
Alfred H&grace Johnston
Unknown
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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