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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Apartment buildings
226 8th St, Santa Paula, CA 93060-3604
Trust Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1469837
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Total area
6,275 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-1
APN
103-0-233-075
UPID
US10-1469837
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
$964k
Blend (final)
Blend
$780k
Owner & transaction history
Nicholas Helen M D Trust · 19 yrs held
Nicholas Helen M D Trust
since 2007
7 recorded transactions
Zoning & alternative use
C-1 · Santa Paula, 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 Santa Paula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Paula 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$780k
Range $702k – $858k · ±10%
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
$124 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,326
Tax year 2023
Assessed value
$456,002
Assessed 2024
Previous assessed
$456,002
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$312,696
Assessed improvement
$143,306
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1948
Heating
NONE
Rooms
2
Total area
6,275 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C-1
APN
103-0-233-075
UPID
US10-1469837
Jurisdiction
VENTURA
Zoning & alternative use
C-1 · Santa Paula, CA
Zoning C-1 · permitted uses
C-1 · Santa Paula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Paula. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Rooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Nicholas Helen M D Trust
Trust
Free & Clear · 19 yrs held
Mailing address
6424 N DETROIT AVE, PORTLAND, OR 97217-4925
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Jun 13, 2007
—
Nicholas Helen M D Trust
Nicholas,helen M
Quit Claim Deed
related
—
May 1, 2007
—
Benton Nicholas
Nicholas Helen M D Trust
Quit Claim Deed
related
—
Jul 27, 1995
$280,000
Benton Nicholas
Bankers Trust Co Trustee
Grant Deed
$140,000 · Individual
Aug 3, 1994
$325,247
Bankers Trust Co Ca Trustee
Peterson,alan J
Trustees Deed
related
—
Jun 20, 1994
$129,570
Bette L Davis
Peterson,alan J
Trustees Deed
—
Oct 3, 1988
—
Alan Peterson
Caldwell Margare
Grant Deed
related
—
—
—
Alan J Peterson
—
Deed Of Trust
related
$100,000 · Buena Financial
—
—
Alan J Peterson
—
Deed Of Trust
related
$175,000 · Slater Shirlee
—
—
Alan J Peterson
—
Deed Of Trust
related
$68,831 · Resolution Trust Corp (rtc)
—
—
Alan J Peterson
—
Deed Of Trust
related
$100,000 · Individual
—
—
Alan J Peterson
—
Deed Of Trust
related
$300,000 · Slater Shirlee
—
—
Alan J Peterson
—
Deed Of Trust
related
$90,000 · Mdfc Equipment
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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