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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Assisted living facilities
1810 Alvarado St Fallbrook, CA 92028-2505
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-9930544
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1979
Total area
3,184 SF
Lot
0.92 ac (40,075 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
105-473-22-00
UPID
US09-9930544
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
-
Fallbrook Gardens - Residential Care Facility for the Elderly Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$778k
Blend (final)
Blend
$760k
Owner & transaction history
Aurora Saini · 5 yrs held
Aurora Saini
since 2021
Last sale
$715,000
7 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · Fallbrook, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+25.2%
Office building
$1.2M
+18.2%
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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$745,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$970,000
Current use
AUTO REPAIR, GARAGE
$1,215,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: +18% · Conversion: Difficult
WAREHOUSE, STORAGE
$900,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $715k (Jan 6 2021)
Last sale anchor
$715k
Jan 6 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
$239 / 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
$10,946
Tax year 2024
Assessed value
$1,020,000
Assessed 2024
Previous assessed
$1,020,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$510,000
Assessed improvement
$510,000
Applied tax rate
75.0000
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
1979
Heating
NONE
Units
1
Bathrooms
6
Total area
3,184 SF
Lot
0.92 ac (40,075 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
105-473-22-00
UPID
US09-9930544
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · Fallbrook, CA
Zoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$900,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Units
1
Bathrooms
6
Lot
0.92 ac
Current owner
From public records · entity-resolved
Aurora Saini
Individual
Free & Clear · 5 yrs held
Mailing address
1810 E ALVARADO ST, FALLBROOK, CA 92028-2505
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
—
Aurora Saini
Nichols Whitsett
Affidavit Of Death
—
Oct 13, 2020
—
Aurora Saini
Walter W Nichols
Affidavit Of Death
related
—
Sep 25, 2020
—
Aurora L Saini
Walter W Nichols
Intrafamily Transfer
related
$536,000 · United Wholesale Mortgage
Mar 7, 2019
—
Walter W Nichols
Nichols,walter W
Quit Claim Deed
related
$519,900 · Power Choice Mortgage
Jul 12, 2005
—
Walter W Nichols
Aurora Saini
Intrafamily Transfer
related
$652,000 · Secured Bankers Mortgage Co
Apr 28, 2004
$715,000
Aurora Saini
Skendzic,milorad & Elizabeth
Grant Deed
$572,000 · America's Wholesale Lender
Sep 17, 1999
$360,000
Milorad Skendzic
Djokich Trust
Grant Deed
$348,000 · Imperial Bank
Nov 17, 1997
—
Dusan Etal Djokich
Djokich,dusan & Ilinka
Quit Claim Deed
related
—
Aug 19, 1988
$245,000
Richard J Adams
Lenell George H
Trustees Deed
—
Aug 19, 1988
$299,000
Djokich Milan
Adams Richard J
Trustees Deed
$219,000 · California Federal Bank
—
—
Milorad Skendzic
—
Deed Of Trust
related
$390,000 · Bnc Mortgage INC
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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