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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Apartment buildings
240 Aspen St Arroyo Grande, CA 93420-3068
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0685727
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
WOOD
Total area
16,761 SF
Lot
0.9 ac (39,267 SF)
Zoning code
MF
APN
077-163-027
UPID
US09-0685727
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
by Request
Comparable Approach
Comparable
$3.29M
Blend (final)
Blend
$2.40M
Owner & transaction history
Linda J Goodell · 7 yrs held
Linda J Goodell
since 2018
7 recorded transactions
Zoning & alternative use
MF · Arroyo Grande, 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 Arroyo Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arroyo Grande 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
$2.40M
Range $2.16M – $2.64M · ±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
$143 / 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
$18,549
Tax year 2024
Assessed value
$1,757,977
Assessed 2024
Previous assessed
$1,757,977
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$590,913
Assessed improvement
$1,167,064
Applied tax rate
1.0000
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
Construction
WOOD
Heating
NONE
Rooms
91
Bathrooms
22
Total area
16,761 SF
Lot
0.9 ac (39,267 SF)
Zoning code
MF
APN
077-163-027
UPID
US09-0685727
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
MF · Arroyo Grande, CA
Zoning MF · permitted uses
MF · Arroyo Grande, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arroyo Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD
Heating
NONE
Rooms
91
Bathrooms
22
Lot
0.9 ac
Current owner
From public records · entity-resolved
Linda J Goodell
Individual
Mailing address
326 INDIO DR, PISMO BEACH, CA 93449-1516
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
—
Linda J Goodell
—
Deed
related
$741,000 · Jpmorgan Chase Bank NA
Oct 31, 2018
—
Linda J Goodell
Linda J Goodell
Intrafamily Transfer
related
$750,000 · Jpmorgan Chase Bank NA
Mar 20, 2017
—
Stark,jeffrey R & M P Trust
Stark Jeffrey R
Quit Claim Deed
related
—
Feb 4, 2014
—
The Jeffrey R Stark & Margaret Paga
Linda Jean Goodell
Intrafamily Transfer
related
$750,000 · Jpmorgan Chase Bank NA
Jan 25, 2013
—
Cleary Elizabeth S 2012 Trust
Cleary,elizabeth
Quit Claim Deed
related
—
Nov 15, 2007
—
Elizabeth Cleary
Cleary,brian R
Quit Claim Deed
related
—
Jul 25, 2007
—
Elizabeth Cleary
Cleary,brian R
Quit Claim Deed
related
$800,000 · Washington Mutual Fsb
Mar 7, 2007
—
Jeffrey Stark
Stark H M & J R Trust
Quit Claim Deed
related
—
Aug 11, 2003
—
Stark,tr
Stark,tr
Quit Claim Deed
related
—
Apr 24, 2003
—
Linda J Goodell
Goodell,john C
Quit Claim Deed
related
—
May 8, 2002
—
Stark Trust
Stark,kelly F & Mary C
Quit Claim Deed
related
—
Apr 17, 2002
—
John C Goodell
Goodell,john C & Linda J
Quit Claim Deed
related
—
Oct 12, 2000
$133,500
John C Goodell
Goodell,john C & Linda J
Grant Deed
related
—
Aug 11, 2000
$1,210,000
John C Goodell
Gautier,james E
Grant Deed
$907,500 · Santa Barbara Bank & Trust
Aug 29, 1997
$417,000
James E Gautier
Williams,curtis & Loa
Grant Deed
related
—
Oct 1, 1992
$325,500
Curtis Williams
Mid Coast Suppli
Grant Deed
related
$65,000 · Seller
—
—
Street Ass Aspen
—
Deed Of Trust
related
$150,000 · Individual
—
—
Curtis Williams
—
Deed Of Trust
related
$69,000 · Jarratt Trust
—
—
Street Ass Aspen
—
Deed Of Trust
related
$90,000 · Maloney Neil T
—
—
Curtis Williams
—
Deed Of Trust
related
$567,000 · San Francisco Federal S & L
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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