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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Retail space
190 Magnolia Ave El Cajon, CA 92020-3904
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-8791230
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
4,300 SF
Lot
0.62 ac (27,007 SF)
Zoning code
COMMERCIAL
APN
487-192-48-00
UPID
US09-8791230
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
-
Panda Express Restaurant
-
K-Chicken & Mochinut Bakery Specialty Food Shop
-
Sammoon Bakery & Restaurant Restaurant
-
K-Chicken El Cajon Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$2.05M
Owner & transaction history
Chungwon Yun · 1 yrs held
Chungwon Yun
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+65.7%
Office building
$1.6M
+25.9%
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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$2,050,000
ML approach
$2,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,230,000
Current use
MEDICAL BUILDING
$2,040,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,550,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.05M (Nov 21 2024)
Last sale anchor
$2.05M
Nov 21 2024
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
$477 / 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
$34,994
Tax year 2024
Assessed value
$2,132,820
Assessed 2024
Previous assessed
$2,132,820
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,144,440
Assessed improvement
$988,380
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Heating
NONE
Units
1
Total area
4,300 SF
Lot
0.62 ac (27,007 SF)
Zoning code
COMMERCIAL
APN
487-192-48-00
UPID
US09-8791230
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
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
2005
Heating
NONE
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Chungwon Yun
Individual
Free & Clear · 1 yrs held
Mailing address
190 N MAGNOLIA AVE, EL CAJON, CA 92020-3904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Chungwon Yun
—
Deed
related
$800,000 · Bay Commercial Bank
Nov 21, 2024
—
Chungwon Yun
Chungwon Yun
Deed
related
—
Aug 24, 2021
$2,050,000
Chungwon Yun
Tom Viii Enterprises LP
Grant Deed
$1,650,000 · Centerstone Sba Lending INC
Sep 11, 2017
—
Tom Viii Ents LP
Ahn Family Trust 2007
Grant Deed
related
—
Aug 22, 2017
$1,950,000
Tom Viii Ents LP
Ahn Family Trust 2007
Grant Deed
—
Jun 15, 2007
—
Ahn Family 2007 Trust
Ahn,duck R
Quit Claim Deed
related
—
Dec 29, 2005
$2,348,000
Duck R Ahn
Tm 4300 Associates LLC
Grant Deed
—
Dec 29, 2005
—
Duck R Ahn
Ahn,joon S
Quit Claim Deed
related
$1,300,000 · Hanmi Bank
Oct 15, 2003
$399,000
Campbell,renner Tr
Kugler,laura C
Grant Deed
—
Oct 15, 2003
—
Tm 4300 Associates LLC
—
Trustees Deed
related
$975,000 · Landmark National Bank
Jun 12, 2003
—
Laura C Kugler
Kugler,tr
Quit Claim Deed
related
—
Jan 21, 2003
$269,500
Hurley,tr
American Stores Properties INC
Grant Deed
$245,000 · Charles H Owsley
Feb 20, 1996
$15,000,000
American Stores Properties INC
Smiths Food & Drug Centers INC
Grant Deed
—
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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