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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Mobile home & RV parks
2270 Homestead Rd Templeton, CA 93465-8442
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0926982
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1972
Construction
TYPE NOT SPECIFIED
Total area
960 SF
Lot
23.16 ac (1,009,041 SF)
Zoning code
RR
APN
034-461-024
UPID
US09-0926982
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
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$716k
Blend (final)
Blend
$720k
Owner & transaction history
Christopher Lee Lovato · 4 yrs held
Christopher Lee Lovato
since 2022
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
RR · Templeton, 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 Templeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Templeton 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
$540,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$460,000
Current use
OFFICE BUILDING
$460,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$440,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$435,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $725k (Jun 23 2022)
Last sale anchor
$725k
Jun 23 2022
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
$750 / 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
$8,140
Tax year 2024
Assessed value
$754,290
Assessed 2024
Previous assessed
$754,290
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$468,180
Assessed improvement
$286,110
Applied tax rate
126.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
4
Bathrooms
7
Total area
960 SF
Lot
23.16 ac (1,009,041 SF)
Zoning code
RR
APN
034-461-024
UPID
US09-0926982
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RR · Templeton, CA
Zoning RR · permitted uses
RR · Templeton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Templeton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$460,000
OFFICE BUILDING
Est. value
$460,000
AUTO REPAIR, GARAGE
Est. value
$440,000
COMMERCIAL (GENERAL)
Est. value
$435,000
MOBILE HOME PARK, TRAILER PARK Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1972
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
4
Bathrooms
7
Lot
23.16 ac
Current owner
From public records · entity-resolved
Christopher Lee Lovato
Individual
Mailing address
8402 ALTA VIS AVE, ATASCADERO, CA 93422-3716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
Christopher Lee Lovato
—
Deed
related
$500,000 · Mission Bank
Jun 23, 2022
$725,000
Christopher Lee Lovato
James R Rosa
Grant Deed
—
May 26, 2000
$155,000
Rosa,james R
Gibbs,william
Trustees Deed
$212,859 · Conseco Finance Servicing Corp
May 26, 2000
—
William Gibbs
Gibbs,minnie
Quit Claim Deed
related
—
Aug 11, 1998
—
Randall E Mcnamee
Mcnamee,sheila L
Quit Claim Deed
related
—
Aug 11, 1998
$134,000
Gibbs,william
Mcnamee,randall We
Trustees Deed
$30,000 · Seller
Jan 16, 1996
$90,000
Randall E Mcnamee
Semple Trust
Grant Deed
$25,000 · Lundbeck Trust
—
—
James R Rosa
—
Deed Of Trust
related
$219,500 · Washington Mutual Fsb
—
—
James R Rosa
—
Deed Of Trust
related
$215,000 · Rabobank
—
—
Le Nor Reese
—
Deed Of Trust
related
$219,500 · Pacific Republic Mortgage 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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