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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Apartment buildings
233 C Ave Coronado, CA 92118-1444
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-9632526
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Total area
6,278 SF
Lot
0.16 ac (7,118 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
536-162-07-00
UPID
US09-9632526
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
$1.60M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Mirabelle Investments LLC · 4 yrs held
Mirabelle Investments LLC
since 2021
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Coronado, 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 Coronado submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coronado 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%
$1,730,000
6.5%
$1,595,000
7%
$1,480,000
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±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
$198 / 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
$36,139
Tax year 2024
Assessed value
$3,148,938
Assessed 2024
Previous assessed
$3,148,938
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,503,222
Assessed improvement
$645,716
Applied tax rate
2.0000
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
1965
Heating
NONE
Units
6
Bathrooms
11
Total area
6,278 SF
Lot
0.16 ac (7,118 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
536-162-07-00
UPID
US09-9632526
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Coronado, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Coronado, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coronado. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Units
6
Bathrooms
11
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mirabelle Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 12167, LA JOLLA, CA 92039-2167
Ownership since
2021
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
Nov 15, 2021
—
Mirabelle Investments LLC
A R T C LLC
Grant Deed
—
Oct 15, 2020
—
A R T C LLC
—
Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Jun 29, 2017
$2,767,500
Art C LLC
Donna Somerville
Grant Deed
$1,280,000 · Jpmorgan Chase Bank NA
Oct 14, 2015
—
Donna Somerville
Somervillas LLC
Quit Claim Deed
—
Aug 19, 2005
—
Somervillas LLC
Somerville,donna L
Quit Claim Deed
related
—
Apr 29, 2005
—
Donna L Somerville
Somerville,donna L
Quit Claim Deed
related
$400,000 · Pacific Trust Bank
Apr 20, 2005
—
Donna L Somerville
Somerville Family Trust
Quit Claim Deed
related
—
Feb 26, 1998
—
William M Etal Somerville
Somerville,william M Etal
Quit Claim Deed
related
—
—
—
Somervillas LLC
—
Deed Of Trust
related
$70,000 · Gershon Group
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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