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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Apartment buildings
1622 Eucalyptus Dr Solvang, CA 93463-2141
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1314859
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1912
Total area
1,672 SF
Lot
0.78 ac (33,976 SF)
APN
139-080-032
UPID
US09-1314859
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
$430k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$530k
Owner & transaction history
1622 Eucalyptus Drive LLC · 10 yrs held
1622 Eucalyptus Drive LLC
since 2016
5 recorded transactions
Zoning & alternative use
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 Solvang submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solvang 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
$430,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$475,000
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$317 / 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
$26,241
Tax year 2024
Assessed value
$2,440,308
Assessed 2024
Previous assessed
$2,440,308
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$692,891
Assessed improvement
$1,747,417
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1912
Heating
NONE
Rooms
5
Bathrooms
1
Total area
1,672 SF
Lot
0.78 ac (33,976 SF)
APN
139-080-032
UPID
US09-1314859
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1912
Heating
NONE
Rooms
5
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
1622 Eucalyptus Drive LLC
Entity
Mailing address
1153 W HWY 246, BUELLTON, CA 93427-9403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
1622 Eucalyptus Drive LLC
—
Deed
related
$2,086,000 · Newpoint Real Estate Capital LLC
Apr 22, 2016
—
1622 Eucalyptus Drive LLC
Williams Elaine Trust
Quit Claim Deed
—
Apr 22, 2016
$15,000
Williams,norman L Family Trust
Williams Elaine Trust
Grant Deed
related
—
—
—
Normal L Williams
—
Deed Of Trust
related
$1,080,000 · Southern California Fed'l S&l
—
—
Norman L Williams
—
Deed Of Trust
related
$1,800,000 · Los Padres Bank
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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