Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Retail space
2347 Ulric St 63 San Diego, CA 92111-6402
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7301664
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Total area
10,258 SF
Lot
0.68 ac (29,620 SF)
Zoning code
COMMERCIAL
APN
431-282-03-00
UPID
US09-7301664
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
-
La Mesa Alteration & Dry Clng (Bike/Boat/Book/etc) Store
-
Hoa Phat Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$1.86M
Owner & transaction history
Bazzi Family Inv Props LLC · 13 yrs held
Bazzi Family Inv Props LLC
since 2013
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$1.86M
Range $1.67M – $2.04M · ±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
$181 / 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
$20,307
Tax year 2024
Assessed value
$1,570,712
Assessed 2024
Previous assessed
$1,570,712
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,074,887
Assessed improvement
$495,825
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1952
Heating
NONE
Units
1
Total area
10,258 SF
Lot
0.68 ac (29,620 SF)
Zoning code
COMMERCIAL
APN
431-282-03-00
UPID
US09-7301664
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Bazzi Family Inv Props LLC
Entity
Mailing address
2351 ULRIC ST, SAN DIEGO, CA 92111-6402
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Feb 27, 2026
—
Bazzi Family Investment Properties
—
Deed
related
$1,000,000 · Mission FCU
Jan 3, 2013
—
Bazzi Family Inv Props LLC
Bazzi Family Ptshp
Quit Claim Deed
related
—
Oct 11, 2011
—
Bazzi Family Inv Props LLC
Bazzi Family Ptshp
Quit Claim Deed
—
May 27, 1999
—
Bazzi Family Partnership
Bazzi,yousif Etal
Quit Claim Deed
related
—
Dec 15, 1993
—
Georgia A Etal Bazzi
Bazzi,yousif J &
Quit Claim Deed
related
—
Nov 19, 1991
$201,500
Bazzi,yousif J &
Cramer Trust
Trustees Deed
—
Nov 19, 1991
$126,000
Bazzi,yousif J &
Cramer,william F
Trustees Deed
—
Nov 19, 1991
$453,000
Bazzi,yousif J &
Cramer Family Pa
Trustees Deed
related
—
—
—
Bazzi Family Partnership
—
Deed Of Trust
related
$908,500 · Small Business Lending Divisio
—
—
Bazzi Family Inv Props LLC
—
Deed Of Trust
related
$375,000 · Bank Of The West
—
—
Bazzi Family Inv Props LLC
—
Deed Of Trust
related
$125,000 · Bank Of The West
—
—
Bazzi Yousif J
—
Deed Of Trust
related
$365,700 · Bank Of Commerce
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2347 Ulric St, Unit 63?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
