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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Apartment buildings
207 Dougherty St 19, Fallbrook, CA 92028-2101
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-9911533
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Total area
3,934 SF
Lot
0.48 ac (20,999 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
103-114-01-00
UPID
US09-9911533
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
$800k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Masoud Ghamaty · 6 yrs held
Masoud Ghamaty
since 2020
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$855,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,240,000
Current use
WAREHOUSE, STORAGE
$1,115,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $680k (Feb 10 2020)
Last sale anchor
$680k
Feb 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
$205 / 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
$9,004
Tax year 2024
Assessed value
$837,359
Assessed 2024
Previous assessed
$837,359
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$270,907
Assessed improvement
$566,452
Applied tax rate
75.0000
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
1948
Heating
NONE
Units
6
Bathrooms
8
Total area
3,934 SF
Lot
0.48 ac (20,999 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
103-114-01-00
UPID
US09-9911533
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Fallbrook, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1948
Heating
NONE
Units
6
Bathrooms
8
Lot
0.48 ac
Current owner
From public records · entity-resolved
Masoud Ghamaty
Individual
Mailing address
PO BOX 911005, SAN DIEGO, CA 92191-1005
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2020
—
Masoud Ghamaty
Masoud Ghamaty
Intrafamily Transfer
related
$756,250 · First Republic Bank
Oct 25, 2019
—
Michael L Mills
—
Deed
related
$39,888 · Wyndham Vacation Resorts INC
Nov 2, 2018
—
Jason Mack
Escamilla,john & Rosalie
Grant Deed
related
—
Nov 25, 2015
—
Masood Ghamaty
Ghamaty,masood
Quit Claim Deed
related
$555,000 · Bofi Federal Bank
Nov 8, 2011
$680,000
Masood Ghamaty
Bajwaber,khulud
Grant Deed
$475,000 · Geller Family Trust (pt)
Nov 1, 2010
$660,000
Khulud Bajwaber
Geller Family Trust
Grant Deed
$541,200 · Geller Family Trust
Nov 1, 2010
—
Khulud Bajwaber
Almahmodi,mnshed N
Quit Claim Deed
related
—
Aug 27, 2010
$595,000
Geller Family Trust
Franklin,martha A
Deed In Lieu Of Foreclosure
related
—
Mar 27, 2008
—
Martha A Franklin
II Decade Trust
Grant Deed
—
Jan 30, 2008
—
II Decade Trust
Franklin,martha A
Grant Deed
—
Aug 12, 2004
—
Martha A Franklin
Franklin,martha
Quit Claim Deed
related
$580,000 · Michael A Geller
Apr 15, 2004
$750,000
Martha Franklin
Kressin,james E & Catherine
Grant Deed
$273,154 · Kressan Trust
Mar 26, 1998
$260,000
James E Kressin
Turley,robert E & Sandy A
Grant Deed
$151,000 · Seller
May 13, 1992
—
Robert E Turley
Unknown
Grant Deed
related
—
—
—
Robert E Turley
—
Deed Of Trust
related
$25,000 · Individual
—
—
Michael L Mills
—
Deed Of Trust
related
$39,888 · Wyndham Vacation Resorts INC
—
—
Robert E Turley
—
Deed Of Trust
related
$62,000 · Individual
—
—
Martha A Franklin
—
Deed Of Trust
related
$520,000 · Geller Family Trust
—
—
Martha A Franklin
—
Deed Of Trust
related
$60,000 · Geller Family Trust
—
—
Martha A Franklin
—
Deed Of Trust
related
$75,000 · Geller Family 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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