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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Apartment buildings
2270 Avenida Magnifica 90 Carlsbad, CA 92008-6871
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9737767
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Total area
9,999 SF
Lot
4.2 ac (182,952 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
167-250-38-00
UPID
US09-9737767
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
-
Kyvelli Waxing Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.58M
Owner & transaction history
Dp Carlsbad Magnifica Investors LP · 10 yrs held
Dp Carlsbad Magnifica Investors LP
since 2015
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Carlsbad, 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 Carlsbad submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlsbad 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
$1.58M
Range $1.42M – $1.74M · ±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
$158 / 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
$165,596
Tax year 2024
Assessed value
$15,551,846
Assessed 2024
Previous assessed
$15,551,846
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$7,387,127
Assessed improvement
$8,164,719
Applied tax rate
9.0000
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
1986
Heating
NONE
Units
51
Total area
9,999 SF
Lot
4.2 ac (182,952 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
167-250-38-00
UPID
US09-9737767
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Carlsbad, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carlsbad. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
51
Lot
4.2 ac
Current owner
From public records · entity-resolved
Dp Carlsbad Magnifica Investors LP
Entity
Mailing address
6222 WILSHIRE BLVD STE #400, LOS ANGELES, CA 90048-5100
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2024
—
Dp Carlsbad Magnifica Investors LP
—
Deed
related
$12,157,000 · Wells Fargo Bank NA
Dec 2, 2021
—
Dp Carlsbad Magnifica Investors LP
—
Deed
related
$12,453,000 · Wells Fargo Bank NA
Sep 27, 2019
—
Dp Carlsbad Magnifica Invtrs L Dp Airport Hosp Way
—
Grant Deed
related
$92,510,000 · Wells Fargo Bk
Oct 2, 2015
—
Dp Carlsbad Magnifica Investors LP
Avalon II California Value III LP
Grant Deed
$84,000,000 · Citibank NA
Jan 7, 2011
$78,100,000
Avalon California Value II III
Ppc Cascade LLC
Grant Deed
—
Feb 28, 2006
$77,752,000
Ppc Cascade LLC
Universe Institutional Venture
Grant Deed
$64,300,000 · Gmac Commercial Mortgage Corp
May 17, 2002
—
Universe Institutional Venture
Archstone-smith Operating Tr
Grant Deed
$10,500,000 · South Charles Investment Corp
Oct 31, 1996
$7,487,500
Camino Pointe LLC
Busk Trust
Grant Deed
$6,450,000 · Lasalle Northwest Nat'l Bank
—
—
Universe Institutional Venture
—
Deed Of Trust
related
$10,500 · South Charles Investment Corp
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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