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Property profile & analytics
OFF-MARKET
Apartment buildings
2136 Vis St Oceano, CA 93445-9249
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1846006
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
1,660 SF
Lot
0.56 ac (24,500 SF)
Zoning code
RMF
APN
062-065-014
UPID
US09-1846006
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Celmayster,james M Family Trust · 10 yrs held
Celmayster,james M Family Trust
since 2015
7 recorded transactions
Zoning & alternative use
RMF · Oceano, 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 Oceano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceano 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
$25,032
Tax year 2024
Assessed value
$2,053,390
Assessed 2024
Previous assessed
$2,053,390
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$464,232
Assessed improvement
$1,589,158
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1986
Construction
WOOD
Heating
NONE
Buildings
4
Rooms
42
Bathrooms
2
Total area
1,660 SF
Lot
0.56 ac (24,500 SF)
Zoning code
RMF
APN
062-065-014
UPID
US09-1846006
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RMF · Oceano, CA
Zoning RMF · permitted uses
RMF · Oceano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
NONE
Buildings
4
Rooms
42
Bathrooms
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Celmayster,james M Family Trust
Trust
Mailing address
1238 N NOPAL ST, SANTA BARBARA, CA 93103-2326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Aug 18, 2022
—
James M Celmayster
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Nov 25, 2015
$1,769,500
Celmayster,james M Family Trust
Vsa & Associates LLC
Grant Deed
$1,000,000 · Rabobank
Mar 12, 2007
—
Vsa & Associates LLC
Wlb & Associates Family Ptshp
Quit Claim Deed
related
—
Aug 13, 1996
—
Wlb & Associates Family Ptshp
Brown,sutin W & Shayna K
Grant Deed
related
—
Jul 10, 1996
—
Dustin W Brown
Brown,dustin W & Shayna K
Quit Claim Deed
related
—
Mar 2, 1989
$177,000
D W Brown
Snellenberger,r
Grant Deed
related
—
—
—
Wlb & Associates Family Ptshp
—
Deed Of Trust
related
$400,000 · Santa Lucia 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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