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Property profile & analytics
OFF-MARKET
Estimated value
$4,025,000
Apartment buildings
256 Avenida Lobeiro San Clemente, CA 92672-4446
Entity Owned
Absentee Owner
Property ID
US10-3297766
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Total area
6,268 SF
Lot
0.14 ac (6,127 SF)
APN
060-141-16
UPID
US10-3297766
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
-
Empath Energy Healing Alternative Medicine Practice Spiritual Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.69M
Blend (final)
Blend
$4.03M
Owner & transaction history
Rennsport Properties LLC
Rennsport Properties LLC
since 2026
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.5M
+71.1%
Restaurant
$4.3M
+33.8%
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 Clemente submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Clemente 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
$3,885,000
ML approach
$3,860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,195,000
Current use
COMMERCIAL (GENERAL)
$5,465,000
Change: +71% · Conversion: Moderate
RESTAURANT
$4,275,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$3,055,000
Change: -4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,940,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,795,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$2,690,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$4.03M
Range $3.62M – $4.43M · ±10% · vs last sale $4.18M (Jan 7 2022)
Last sale anchor
$4.18M
Jan 7 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
$642 / 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
$44,028
Tax year 2024
Assessed value
$4,348,872
Assessed 2024
Previous assessed
$4,348,872
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$4,005,540
Assessed improvement
$343,332
Applied tax rate
10.0000
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
1969
Heating
NONE
Stories
2
Units
5
Total area
6,268 SF
Lot
0.14 ac (6,127 SF)
APN
060-141-16
UPID
US10-3297766
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$5.5M
RESTAURANT
Est. value
$4.3M
RETAIL STORES
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1969
Heating
NONE
Stories
2
Units
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Rennsport Properties LLC
Entity
Mailing address
300 CARLSBAD VLG DR, CARLSBAD, CA 92008-2900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
$3,850,000
Rennsport Properties LLC
Long Beach Trading Company INC
Grant Deed
$2,386,993 · Lendsure Mortgage Corp
Oct 10, 2025
—
Long Beach Trading Company INC
Ragsdale Family Residential Prop Ll
Deed
related
—
Nov 18, 2024
—
Ragsdale Family Residential Prop Ll
—
Deed
related
$4,000,000 · Dayspring Bank
Sep 24, 2024
—
Ragsdale Family Residential Prop Ll
—
Deed
related
$1,500,000 · The Golden 1 Cu
Oct 26, 2023
—
Ragsdale Family Residential Prop Ll
—
Deed
related
$4,000,000 · Dayspring Bank
Aug 1, 2023
—
Ragsdale Family Residential Prop Ll
—
Deed
related
$1,300,000 · First Republic Bank
Jan 7, 2022
$4,180,000
Ragsdale Family Residential Prop Ll
Cepc LLC
Grant Deed
$970,000 · First State Bank
Apr 9, 2021
—
Cepc LLC
—
Deed
related
$1,250,000 · East West Bank
Apr 4, 2016
—
Cepc LLC
Chen,min
Quit Claim Deed
—
Dec 21, 2015
$787,500
Jtecc Investment LLC
America Ke Qi Intl INC
Grant Deed
—
Jun 23, 2010
$1,600,000
America Ke Qi Intl INC
Gilded Age Investment LLC
Grant Deed
—
Dec 29, 2009
$2,150,000
Gilded Age Investment LLC
First Duarte LLC
Grant Deed
—
Apr 4, 2007
$2,125,000
First Duarte LLC
Dovydaitis Trust
Grant Deed
—
Feb 28, 2006
—
Kestutis Dovydaitis
Dovydaitis,vincas
Affidavit Of Death
related
—
Dec 13, 2002
—
Vinces Dovydaitis
Dovyd
Quit Claim Deed
related
—
—
—
First Duarte LLC
—
Deed Of Trust
related
$1,000,000 · American Continental Bank
—
—
First Duarte LLC
—
Deed Of Trust
related
$1,200,000 · Continental Assetts Mgmt LLC
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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