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    228 Las Flores Dr, Unit 32 San Marcos, CA 92069-6061
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    Property profile & analytics

    228 Las Flores Dr, Unit 32, San Marcos, CA 92069-6061

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    • Apartment buildings
    • 18,472 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Jul 26, 2021
    $6,820,000
    Property ID
    US09-9730184
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,840,000
    Show details
    Cap Rate Potential
    4.8%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Overture San Marcos / Apartment Building
    • San Marcos place apartments / Apartment Complex

    Property Details for 228 Las Flores Dr

    Year built
    1979
    Lot size
    0.29 lot acres
    Zone code
    R-3:RESTRICTED MULTIPLE
    Property type
    Apartment buildings
    APN
    219-113-51-00
    APU
    2191135100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 26, 2021 $6,820,000 Flores 22 LLC Carv Properties LLC Grant Deed $50k · Mechanics Bank
    Sep 4, 2018 — Carv Properties LLC — Grant Deed · related $3.2M · First Republic Bk
    Aug 21, 2018 $4,600,000 Carv Properties LLC Marshall D Wilson Grant Deed $3.2M · First Republic Bank
    Aug 18, 1998 $905,000 Marshall D Wilson Clove Income & Growth Reit Grant Deed $679k · Peninsula Bank San Diego
    Dec 27, 1994 $675,000 Clover Income Home Savings Of America Grant Deed $483k · Home Savings Of America
    Dec 17, 1993 $590,000 Home Savings Of America Singhal,dave & U Trustees Deed · related —
    Jan 11, 1990 $1,145,000 San Diego Realty Prout Raymond Trustees Deed —
    Jan 11, 1990 — Foothill Exchang San Diego Realty Trustees Deed · related —
    — — Dave Singhal — Deed Of Trust · related $925k · Home Savings Of America

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,450,000
      ML approach
      $7,260,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,115,000
      6.5%
      $4,720,000
      7%
      $4,385,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,159,000
      Market price range: $2.85M - $9.05M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $5,815,000
      Current use
      MEDICAL BUILDING
      $8,765,000
      Change: +51% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $7,050,000
      Change: +21% Conversion: Difficult
      RETAIL STORES
      $5,610,000
      Change: -4% Conversion: Difficult
      WAREHOUSE, STORAGE
      $5,235,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.2
    Latitude
    33.1541
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $64,327
    $1,310,904
    $3,641,400
    $4,952,304
    -
    $0.00
    $0.00
    $0.00
    More about this property
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