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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Assisted living facilities
18 Sola St, Santa Barbara, CA 93101-2506
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-3002784
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Lot
0.12 ac (5,227 SF)
APN
039-132-005
UPID
US09-3002784
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
-
Mark Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Heath House LLC · 6 yrs held
Heath House LLC
since 2020
Last sale
$706,000
7 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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$895,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $706k (Mar 17 2020)
Last sale anchor
$706k
Mar 17 2020
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
$2,364
Tax year 2024
Assessed value
$1,072,199
Assessed 2024
Previous assessed
$1,072,199
+0.0% YoY
Effective rate
0.22%
On assessed value
Assessed land
$643,320
Assessed improvement
$428,879
Applied tax rate
2.0000
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
Heating
NONE
Lot
0.12 ac (5,227 SF)
APN
039-132-005
UPID
US09-3002784
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
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Heath House LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1060 KENDALL RD, SAN LUIS OBISPO, CA 93401-8061
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Apr 14, 2020
—
Heath House LLC
Peoples Self Help Hsng
Correction Deed
related
—
Mar 17, 2020
$706,000
Peoples Self Help Hsng
Sarah House Santa Barbara
Grant Deed
—
Mar 17, 2020
—
Heath House LLC
—
Deed
related
$375,000 · Housing Trust Fund Of Santa Barbara Coun
Apr 8, 2013
—
Sarah House Santa Barbara
Aids Housing Santa Barbara
Grant Deed
—
Apr 27, 2006
—
Aids Housing Santa Barbara
Central Coast Congregate Care
Grant Deed
—
May 18, 1990
$460,000
Sale Guaranty Co
Beanway,michael
Trustees Deed
$235,000 · Coast Federal Bank
—
—
Central Coast Congregate Care In
—
Deed Of Trust
related
$191,000 · Santa Barbara Bank
—
—
Central,coast Co
—
Deed Of Trust
related
$38,550 · Santa Barbara City (ca)
—
—
Aids Housing Santa Barbara
—
Deed Of Trust
related
$140,000 · Santa Barbara City (ca)
—
—
Heath House LLC
—
Deed Of Trust
related
$500,000 · Miscellaneous Govt Agcy
—
—
Heath House LLC
—
Deed Of Trust
related
$535,017 · Aa Alliance Bancorp
—
—
Aids Housing Santa Barbara INC
—
Deed Of Trust
related
$132,375 · Shoresman Endowment Fund/sarah
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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