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Property profile & analytics
OFF-MARKET
Restaurants
205 Montecito St Santa Barbara, CA 93101-3824
Trust Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-2220577
Property profile
Verified
Property type
Restaurants
Use group
BAKERY
Lot
0.51 ac (22,215 SF)
APN
033-032-010
UPID
US09-2220577
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
-
The Berry Man, Inc. Agricultural Supply Food Market
-
Le Sorelle Big Box & Wholesale Store
-
Semi Private Chef Take-out & Catering Catering Service
-
805 Productions Film Production Television Studio
-
Coldzone Refrigeration.heating & air conditioning Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
De Mangeon Guy D Trust · 13 yrs held
De Mangeon Guy D Trust
since 2012
7 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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,886
Tax year 2024
Assessed value
$1,206,768
Assessed 2024
Previous assessed
$1,206,768
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$781,857
Assessed improvement
$424,911
Applied tax rate
2.0000
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
Restaurants
Use group
BAKERY
Status
Off-Market
Heating
NONE
Lot
0.51 ac (22,215 SF)
APN
033-032-010
UPID
US09-2220577
Jurisdiction
SANTA BARBARA
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
Heating
NONE
Lot
0.51 ac
Current owner
From public records · entity-resolved
De Mangeon Guy D Trust
Trust
Mailing address
205 W MONTECITO ST, SANTA BARBARA, CA 93101-3824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2012
—
De Mangeon Guy D Trust
De Mangeon,guy D
Quit Claim Deed
related
—
Aug 11, 2004
—
Guy De Mangeon
De Mangeon,virginia
Quit Claim Deed
related
—
Dec 2, 1992
$59,500
Guy Demangeon
Perloff,marvin
Grant Deed
related
$710,000 · Seller
—
—
Demangeon Guy D Trust
—
Deed Of Trust
related
$2,122,500 · Rabobank
—
—
Guy De Mangeon
—
Deed Of Trust
related
$900,000 · Valley Oaks Financial
—
—
Guy Demangeon
—
Deed Of Trust
related
$5,000 · Los Padres Bank
—
—
Guy De Mangeon
—
Deed Of Trust
related
$175,000 · James R
—
—
Marvin Perlof
—
Deed Of Trust
related
$519,300 · Individual
—
—
Guy Demangeon
—
Deed Of Trust
related
$1,655,000 · Los Padres Bank
—
—
Guy Demangeon
—
Deed Of Trust
related
$1,655,000 · Los Padres Bank
—
—
Guy De Mangeon
—
Deed Of Trust
related
$840,000 · Montecito Bank & Trust
—
—
Guy Demangeon
—
Deed Of Trust
related
$782,069 · Los Padres 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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