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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Apartment buildings
1960 Grand Ave Escondido, CA 92027-3315
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7333047
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
32,850 SF
Lot
1.96 ac (85,377 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
231-060-73-00
UPID
US09-7333047
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
-
Quail view apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Heather Ventures S D LP · 2 yrs held
Heather Ventures S D LP
since 2023
Last sale
$519,000
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Escondido, 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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$465,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $519k (Nov 16 2023)
Last sale anchor
$519k
Nov 16 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
$18 / 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
$139,851
Tax year 2024
Assessed value
$12,261,235
Assessed 2024
Previous assessed
$12,261,235
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$4,787,823
Assessed improvement
$7,473,412
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
1977
Heating
NONE
Units
41
Total area
32,850 SF
Lot
1.96 ac (85,377 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
231-060-73-00
UPID
US09-7333047
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Escondido, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Units
41
Lot
1.96 ac
Current owner
From public records · entity-resolved
Heather Ventures S D LP
Entity
Mailing address
11444 ALBATA ST, LOS ANGELES, CA 90049-3404
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
—
Heather Ventures S D LP
Palomar Community College District
Quit Claim Deed
related
—
Jan 25, 2021
—
Heather Ventures Sd LP
Subsidiaria De Heather Venture
Quit Claim Deed
related
—
Jan 25, 2021
$519,000
Getting Fatter Sd LP
Subsidiaria De Winnie Prop LLC
Grant Deed
$8,080,000 · Jll R/e Cap LLC
Jan 25, 2021
$1,434,000
Getting Fatter Sd LP
Subsidiaria De San Octavio LLC
Grant Deed
—
Jan 25, 2021
$515,000
Getting Fatter Sd LP
Subsidiaria De Jems Invs LLC
Grant Deed
—
Jan 25, 2021
$837,000
Getting Fatter Sd LP
De The Personal Subsidiaria
Grant Deed
—
Jan 25, 2021
$5,214,000
Getting Fatter Sd LP
De Santa Jacinta L Subsidiaria
Grant Deed
—
Apr 13, 2020
$34,700,000
Subsidlaria De Santa Jacinta LLC
Clear Sky Escondido LP
Grant Deed
$23,650,000 · The Bancorp Bank
Oct 27, 2017
$38,600,000
Clear Sky Escondido LP
Vista International INC
Grant Deed
$27,750,000 · Cit Bank NA
Apr 3, 2017
—
Vista International INC
—
Deed
related
$5,100,000 · Umpqua Bank
Mar 11, 2016
$6,795,000
Vista International INC
Perry Tempel
Grant Deed
$4,515,000 · Umpqua Bank
Oct 9, 2013
$5,150,000
Perry Tempel
Cmh Paramount LLC
Grant Deed
$3,193,000 · Jpmorgan Chase Bank NA
Feb 25, 2013
—
Mildred L Homer
Homer,charles F
Affidavit Of Death
related
—
May 31, 2011
$4,600,000
Cmh Paramount LLC
Alabama Syndicate III LP
Grant Deed
$3,220,000 · Jpmorgan Chase Bank NA
Mar 27, 2003
$3,500,000
Syndicate Alabama II
Son,tr
Grant Deed
$2,400,000 · Quaker City Bank
—
—
Syndicate Alabama III
—
Deed Of Trust
related
$70,000 · John F Morgan Sep Ira#005830
—
—
Syndicate Alabama III
—
Deed Of Trust
related
$150,000 · Peterson Family Trust
—
—
Cmh Paramount LLC
—
Deed Of Trust
related
$100,000 · Point Loma Gardens II
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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