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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Apartment buildings
1912 San Diego Ave 14 San Diego, CA 92110-2180
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8759668
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Total area
7,726 SF
Lot
0.23 ac (10,066 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
451-722-16-00
UPID
US09-8759668
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
$1.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Mrd Hillcrest LLC · 4 yrs held
Mrd Hillcrest LLC
since 2022
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,130,000
6.5%
$1,965,000
7%
$1,825,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,575,000
Current use
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±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
$225 / 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
$37,860
Tax year 2024
Assessed value
$3,077,502
Assessed 2024
Previous assessed
$3,077,502
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,910,174
Assessed improvement
$1,167,328
Applied tax rate
8.0000
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
1975
Heating
NONE
Units
10
Bathrooms
14
Total area
7,726 SF
Lot
0.23 ac (10,066 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
451-722-16-00
UPID
US09-8759668
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · San Diego, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS) Current
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
1975
Heating
NONE
Units
10
Bathrooms
14
Lot
0.23 ac
Current owner
From public records · entity-resolved
Mrd Hillcrest LLC
Entity
Mailing address
1912 SAN DIEGO AVE APT #1, SAN DIEGO, CA 92110-2180
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jun 30, 2022
—
Mrd Hillcrest LLC
Dan Floit
Intrafamily Transfer
related
$1,760,000 · First Republic Bank
May 4, 2021
—
Dan Floit
Ahst 167 LLC
Grant Deed
—
Nov 15, 2019
—
2419 29th Street LLC
2419 29th Street LLC
Quit Claim Deed
related
$1,364,000 · California Bk&tr
Oct 21, 2015
$628,500
2419 29th Street LLC
3242 Columbia LLC
Grant Deed
—
Dec 22, 2014
—
3242 Columbia Street LLC
3242 Columbia Street LLC
Quit Claim Deed
related
—
Nov 5, 2014
$107,000
3242 Columbia Street LLC|1520 Tyler LLC
3242 Columbia LLC
Grant Deed
—
Oct 20, 2014
—
Huffman Living Trust
1912 San Diego Avenue LLC
Quit Claim Deed
related
—
Oct 20, 2014
$2,128,500
3242 Columbia LLC
Huffman Living Trust
Grant Deed
$1,050,000 · California Bk&tr
Jul 22, 2008
—
1912 San Diego Avenue LLC
1912 San Diego LLC
Quit Claim Deed
related
—
May 4, 2005
—
1912 San Diego LLC
Huffman R E & Marion H
Grant Deed
—
—
—
3242 Columbia LLC
—
Loan Modification
related
$1,500,000 · California Bk&tr
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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