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Property profile & analytics
OFF-MARKET
Estimated value
$12,620,000
Assisted living facilities
1935 Wharf Rd Capitola, CA 95010-2606
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2284947
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1964
Total area
17,542 SF
Lot
0.9 ac (39,204 SF)
APN
034-011-50
UPID
US09-2284947
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
-
Pacific Coast Manor Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.62M
Owner & transaction history
Capitola 1935 Realty LLC · 2 yrs held
Capitola 1935 Realty LLC
since 2023
Last sale
$13.1M
4 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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
$15,960,000
ML approach
$11,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.62M
Range $11.36M – $13.88M · ±10% · vs last sale $13.07M (Nov 2 2023)
Last sale anchor
$13.07M
Nov 2 2023
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
$719 / 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
$34,473
Tax year 2024
Assessed value
$3,161,364
Assessed 2024
Previous assessed
$3,161,364
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$926,317
Assessed improvement
$2,235,047
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1964
Heating
NONE
Total area
17,542 SF
Lot
0.9 ac (39,204 SF)
APN
034-011-50
UPID
US09-2284947
Jurisdiction
SANTA CRUZ
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
1964
Heating
NONE
Lot
0.9 ac
Current owner
From public records · entity-resolved
Capitola 1935 Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
27071 ALISO CRK RD #100, ALISO VIEJO, CA 92656-3399
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
$13,068,000
Capitola 1935 Realty LLC
Pacific Coast Health Care Center In
Grant Deed
—
Nov 18, 2003
—
Pacific Coast Health Care Ctr
—
Deed Of Trust
related
$1,400,000 · Heartland Capital Corp
Aug 7, 1996
—
Pacific Coast Health Care Ctr
Morgan Hill Health Care Invest
Grant Deed
related
$3,400,000 · Heartland Capital Corp
Dec 31, 1992
$3,145,000
Hill Health Care Investor Morgan
Ross,mary F
Grant Deed
$7,100,000 · Natl Health Inves
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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