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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Specialty properties
1897 La Madrona Dr Santa Cruz, CA 95060-1047
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1434134
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2016
Construction
WOOD
Lot
5.61 ac (244,546 SF)
Zoning code
SU
APN
067-183-50
UPID
US09-1434134
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
-
La Madrona Athletic Club Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Santa Cruz Sports Club LP · 14 yrs held
Santa Cruz Sports Club LP
since 2012
6 recorded transactions
Zoning & alternative use
SU · Santa Cruz, 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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
—
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
$58,782
Tax year 2024
Assessed value
$5,366,033
Assessed 2024
Previous assessed
$5,366,033
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,134,846
Assessed improvement
$4,231,187
Applied tax rate
94.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Lot
5.61 ac (244,546 SF)
Zoning code
SU
APN
067-183-50
UPID
US09-1434134
Jurisdiction
SANTA CRUZ
Zoning & alternative use
SU · Santa Cruz, CA
Zoning SU · permitted uses
SU · Santa Cruz, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Cruz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
NONE
Lot
5.61 ac
Current owner
From public records · entity-resolved
Santa Cruz Sports Club LP
Entity
Mailing address
1933 CLF DR, SANTA BARBARA, CA 93109-1520
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2012
$2,400,000
Santa Cruz Sports Club LP
La Madrona Swim & Racquet Clb
Grant Deed
$638,000 · Lawrence F Dodge
Dec 18, 1991
$412,000
Swim La Madrona
La Madrona,inv
Grant Deed
related
$412,000 · Coast Commercial Bank
—
—
La Madrona Swim
—
Deed Of Trust
related
$72,000 · Coast Commercial Bank
—
—
Santa Cruz Sports Club LP
—
Deed Of Trust
related
$2,600,000 · Bank Of Santa Barbara
—
—
La Madrona Swim
—
Deed Of Trust
related
$500,000 · Coast Commercial Bank
—
—
Santa Cruz Sports Club LP
—
Deed Of Trust
related
$2,300,000 · California Athletic Clubs
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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