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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Apartment buildings
184 Pne Ave Pacific Grove, CA 93950-3648
Individually Owned
9-yr Hold
Free & Clear
Property ID
US09-3230750
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
6,509 SF
Lot
0.28 ac (12,000 SF)
APN
006-247-011-000
UPID
US09-3230750
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
$980k
Owner & transaction history
Harold C Weston JR · 9 yrs held
Harold C Weston JR
since 2017
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 Pacific Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific Grove 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
$151 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,041
Tax year 2023
Assessed value
$1,163,939
Assessed 2023
Previous assessed
$1,163,939
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$548,587
Assessed improvement
$615,352
Applied tax rate
4.0000
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
1978
Construction
WOOD
Heating
CENTRAL
Stories
2
Units
5
Rooms
31
Bathrooms
10
Total area
6,509 SF
Lot
0.28 ac (12,000 SF)
APN
006-247-011-000
UPID
US09-3230750
Jurisdiction
MONTEREY
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
1978
Construction
WOOD
Heating
CENTRAL
Stories
2
Units
5
Rooms
31
Bathrooms
10
Lot
0.28 ac
Current owner
From public records · entity-resolved
Harold C Weston JR
Individual
Free & Clear · 9 yrs held
Mailing address
1011 CASS ST STE #109, MONTEREY, CA 93940-4543
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
—
Larry G Scholink
—
Deed
related
$100,000 · Jpmorgan Chase Bank NA
Feb 28, 2017
—
Harold C Weston JR
Donna P Weston
Affidavit Of Death Of Joint Tenant
related
—
Sep 28, 2001
—
Larry G Scholink
Scholink,larry G & Shonna R
Quit Claim Deed
related
—
Mar 31, 1993
$79,000
Larry G Scholink
Weston,harold C
Grant Deed
$25,000 · Seller
Apr 29, 1992
$121,500
Larry G Scholink
Weston,harold C
Grant Deed
$67,200 · Seller
Apr 28, 1992
$221,000
Larry G Scholink
Weston,harold C
Grant Deed
$89,400 · Seller
Nov 6, 1991
$104,500
Trus Pietragallo
Weston,harold C
Grant Deed
related
$71,093 · Seller
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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