Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,995,000
Apartment buildings
1534 Brighton Ave Grover Beach, CA 93433-1876
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-1723295
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
15,447 SF
Lot
0.75 ac (32,670 SF)
Zoning code
R3
APN
060-176-069
UPID
US09-1723295
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
$3.00M
Owner & transaction history
Sunset Terrace Grover Beach LP · 10 yrs held
Sunset Terrace Grover Beach LP
since 2015
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$194 / 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
$33,030
Tax year 2024
Assessed value
$2,884,373
Assessed 2024
Previous assessed
$2,884,373
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$985,493
Assessed improvement
$1,898,880
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
1963
Construction
WOOD
Heating
NONE
Bathrooms
22
Total area
15,447 SF
Lot
0.75 ac (32,670 SF)
Zoning code
R3
APN
060-176-069
UPID
US09-1723295
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
1963
Construction
WOOD
Heating
NONE
Bathrooms
22
Lot
0.75 ac
Current owner
From public records · entity-resolved
Sunset Terrace Grover Beach LP
Entity
Mailing address
PO BOX 648, ORINDA, CA 94563-0583
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
—
Sunset Terrace Grover Beach LP
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Oct 20, 2015
—
Sunset Terrace Grover Beach LP
Sunset Terrace Grover Beach LP
Intrafamily Transfer
related
$3,000,000 · Jpmorgan Chase Bank NA
Jan 27, 2014
—
Sunset Terrace Grover Beach LP
Bcc Corporation
Grant Deed
—
Dec 31, 2012
—
Prentiss Michael & A Living Trust
Prentiss M & A Living Trust
Quit Claim Deed
$1,600,000 · Wells Fargo Bank NA
Nov 21, 2005
—
Prentiss Michael & A Trust
Prentiss,michael E & Andrea M
Quit Claim Deed
related
—
May 28, 1999
$1,095,000
Michael E Prentiss
Concord Investments LLC
Grant Deed
$825,000 · Seller
Aug 1, 1996
$1,210,000
Concord Investment LLC
Fidler Trust
Grant Deed
$900,000 · Seller
—
—
Michael E Prentiss
—
Deed Of Trust
related
$1,242,500 · Washington Mutual 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1534 Brighton Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
