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Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Apartment buildings
1967 Vulcan Ave Encinitas, CA 92024-1103
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US09-6938062
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Total area
88,188 SF
Lot
1.95 ac (84,942 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
216-052-01-00
UPID
US09-6938062
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
-
Triton Encinitas Real Estate Agency
-
Matteson's Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$5.49M
Owner & transaction history
Vulcan Encinitas LLC · 6 yrs held
Vulcan Encinitas LLC
since 2020
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Encinitas, 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 Encinitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encinitas 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
$6,145,000
ML approach
$6,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±10% · vs last sale $4.90M (Jul 10 2020)
Last sale anchor
$4.90M
Jul 10 2020
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
$62 / 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
$177,939
Tax year 2024
Assessed value
$13,173,389
Assessed 2024
Previous assessed
$13,173,389
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$5,173,389
Assessed improvement
$8,000,000
Applied tax rate
19.0000
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
Heating
NONE
Units
72
Total area
88,188 SF
Lot
1.95 ac (84,942 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
216-052-01-00
UPID
US09-6938062
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Encinitas, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encinitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
72
Lot
1.95 ac
Current owner
From public records · entity-resolved
Vulcan Encinitas LLC
Entity
Mailing address
1325 PACIFIC HWY UNIT #2905, SAN DIEGO, CA 92101-2595
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2022
—
Vulcan Encinitas LLC
—
Deed
related
$27,500,000 · First Republic Bank
Jul 10, 2020
$4,900,000
Vulcan Encinitas LLC
John F Nichols
Grant Deed
—
Jan 15, 2009
$3,000,000
John F Nichols
Matterson Family Trust
Grant Deed
—
Jan 15, 2009
—
Thomas J Matteson
Matteson,jennifer
Quit Claim Deed
related
—
Dec 31, 2008
—
Larry W Matteson
Matteson Trust
Quit Claim Deed
related
—
Jul 12, 2005
—
Matteson Trust
Matteson Family Trust
Quit Claim Deed
related
—
—
—
Matteson Family Trust
—
Deed Of Trust
related
$500,000 · California Bank & Trust
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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