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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Residential income homes
201 State St El Centro, CA 92243-2522
Entity Owned
4-yr Hold
Property ID
US09-6674952
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2002
Construction
WOOD
Total area
4,580 SF
Lot
0.31 ac (13,419 SF)
APN
053-134-004-000
UPID
US09-6674952
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
$745k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
201 W State St LLC · 4 yrs held
201 W State St LLC
since 2022
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$620,000
+126.8%
Office building
$520,000
+89.8%
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 Centro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Centro 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
$785,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
RETAIL STORES
$620,000
Change: +127% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: +90% · Conversion: Moderate
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $800k (Jul 7 2022)
Last sale anchor
$800k
Jul 7 2022
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
$171 / 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
$9,218
Tax year 2024
Assessed value
$816,000
Assessed 2024
Previous assessed
$816,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$66,300
Assessed improvement
$749,700
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Total area
4,580 SF
Lot
0.31 ac (13,419 SF)
APN
053-134-004-000
UPID
US09-6674952
Jurisdiction
IMPERIAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$620,000
OFFICE BUILDING
Est. value
$520,000
RETAIL STORES
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
2002
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Lot
0.31 ac
Current owner
From public records · entity-resolved
201 W State St LLC
Entity
Mailing address
4349 W VIS VERDE WAY, OCEANSIDE, CA 92057-6503
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2022
$800,000
201 W State St LLC
Lucky Lady LLC
Grant Deed
$560,000 · Citadel Servicing Corporation
Jan 10, 2018
—
Lucky Lady LLC
Erickson N M 2013 Separa
Grant Deed
—
Aug 24, 2017
$640,000
Natalie Michele Erickson
Rebecca Sue Gaddis
Grant Deed
$417,386 · Sun Community FCU
Jun 6, 2012
—
Rebecca S Gaddis
Gaddis Family Trust
Quit Claim Deed
related
—
Jan 8, 2007
—
Gaddis Family Trust
Gaddis,dave T & Rebecca S
Quit Claim Deed
related
—
May 15, 2002
—
Dave T Gaddis
—
Trustees Deed
related
$115,000 · Valley Independent Bank
Sep 24, 2001
—
Lily Grudichak
Grudichak,steve
Quit Claim Deed
related
—
Sep 24, 2001
$22,500
Dave T Gaddis
Boyce,rosario R
Grant Deed
—
Sep 21, 2001
—
Evelyn Aragon
Aragon,raul
Quit Claim Deed
related
—
Jan 1, 1988
—
Boyce,rosario Rita & Arce Beatrice G Etal
—
Grant Deed
related
—
Jan 1, 1978
—
—
—
Grant Deed
related
—
—
—
Rebecca S Gaddis
—
Deed Of Trust
related
$80,500 · Rabobank
—
—
Dave T Gaddis
—
Deed Of Trust
related
$114,992 · Valley Independent Bank
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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