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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Apartment buildings
220 Nevada St A Oceanside, CA 92054-3154
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8622949
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
4,160 SF
Lot
0.12 ac (5,050 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
150-062-21-00
UPID
US09-8622949
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
-
Jimenez Gardening Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Christian Mellein · 3 yrs held
Christian Mellein
since 2023
Last sale
$720,000
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Oceanside, 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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
$645,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $720k (Jun 6 2023)
Last sale anchor
$720k
Jun 6 2023
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
$165 / 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
$10,219
Tax year 2024
Assessed value
$904,354
Assessed 2024
Previous assessed
$904,354
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$452,177
Assessed improvement
$452,177
Applied tax rate
7.0000
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
1963
Heating
NONE
Units
6
Bathrooms
6
Total area
4,160 SF
Lot
0.12 ac (5,050 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
150-062-21-00
UPID
US09-8622949
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Oceanside, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceanside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Units
6
Bathrooms
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Christian Mellein
Individual
Mailing address
12750 HIGH BLF DR STE #450, SAN DIEGO, CA 92130-2083
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2023
—
Christian Mellein
David H Quinsey
Intrafamily Transfer
related
—
Aug 1, 2013
—
David H Quinsey
Quinsey,david H & Julia A
Quit Claim Deed
related
—
Dec 23, 2010
$720,000
David H Quinsey
Mackinnon S J & D Trust
Grant Deed
—
Dec 23, 2010
$522,000
Mackinnon Scott J & Don Trust
Mackinnon,scott A & Sandra D
Grant Deed
related
—
Jun 21, 2002
—
Scott A Mackinnon
220 South Nevada LLC
Grant Deed
$420,000 · Financial Inst Partners Mtg
May 11, 2001
—
Barry J Etal Blue
Blue,barry J & Ary T
Quit Claim Deed
related
—
Apr 7, 2000
—
Barry J Etal Blue
Blue,barry J & Ary T
Quit Claim Deed
related
—
Nov 26, 1996
$192,000
Barry J Blue
Western Financial Savings Bank
Grant Deed
$153,600 · Western Financial Savings Bank
Oct 2, 1996
$200,000
Western Financial Savings Bank
Pike,jack H
Trustees Deed
related
—
Jun 8, 1990
$352,000
Jack H Pike
Exchanged Titles
Grant Deed
$224,600 · Western Financial Savings Bank
Jul 19, 1988
$305,000
William G Thomas
Lgf Enterprises
Trustees Deed
—
Jul 19, 1988
$115,000
Lgf Enterprises
Houser Ralph W
Trustees Deed
related
—
Mar 18, 1988
—
Houser Ralph W
House
Quit Claim Deed
related
$190,200 · Coast Federal Bank
—
—
Barry J Blue
—
Deed Of Trust
related
$336,000 · Abn Amro Mortgage Group INC
—
—
Scott A Mackinnon
—
Deed Of Trust
related
$300,000 · Mackinnon Scott J & D 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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