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Property profile & analytics
OFF-MARKET
Estimated value
$29,385,000
Apartment buildings
1707 La Brea St Ramona, CA 92065-2280
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-9898465
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Lot
9.63 ac (419,482 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
281-160-23-00
UPID
US09-9898465
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
-
Glass Islands (Bike/Boat/Book/etc) Store
-
Management (Closed Listing) Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.39M
Owner & transaction history
Mf Panda Nr Owner Ca LP · 4 yrs held
Mf Panda Nr Owner Ca LP
since 2021
Last sale
$29.9M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Ramona, 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 Ramona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ramona 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
$28,310,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$29.39M
Range $26.45M – $32.32M · ±10% · vs last sale $29.93M (Aug 26 2021)
Last sale anchor
$29.93M
Aug 26 2021
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
—
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
$385,967
Tax year 2024
Assessed value
$31,186,219
Assessed 2024
Previous assessed
$31,186,219
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$12,484,800
Assessed improvement
$18,701,419
Applied tax rate
65.0000
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
1986
Heating
NONE
Units
148
Lot
9.63 ac (419,482 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
281-160-23-00
UPID
US09-9898465
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Ramona, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Ramona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ramona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
148
Lot
9.63 ac
Current owner
From public records · entity-resolved
Mf Panda Nr Owner Ca LP
Entity
Mailing address
PO BOX A3878, CHICAGO, IL 60690-3878
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2021
$29,925,500
Mf Panda Nr Owner Ca LP
620 Canyon Crest LLC
Grant Deed
—
Aug 21, 2018
—
620 Canyon Crest LLC
Laurie Ann Victoria
Grant Deed
$12,632,045 · Mufg Union Bank NA
Jun 22, 2001
—
Prebys Trust
—
Deed Of Trust
related
$10,000,000 · Union Bank Of California
Apr 13, 1998
—
Prebys Trust
—
Deed Of Trust
related
$8,110,000 · Union Bank Of California
Oct 24, 1997
$52,000
Prebys Trust
Lawhon,sabdra J
Grant Deed
—
Sep 27, 1991
$4,700,000
Dunham
First Fed Bank
Grant Deed
$3,950,000 · Seller
Sep 24, 1991
$5,700,000
First Fed Bank C
Canyon Crest Apa
Trustees Deed
related
—
Sep 17, 1991
$5,700,000
Fed Natl Mtg Ass
Canyon Crest Apa
Trustees Deed
related
—
—
—
Prebys Conrad Trust
—
Deed Of Trust
related
$12,700,000 · Union Bank
—
—
Prebys,tr
—
Deed Of Trust
related
$5,100,000 · Union Bank Of California
—
—
Prebys Conrad Trust
—
Deed Of Trust
related
$6,749,000 · Union Bank Of California
—
—
Prebys Conrad Trust
—
Deed Of Trust
related
$11,490,000 · Union Bank Of California
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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