Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2611 Camulos St San Diego, CA 92107-1154
    Property profile & analytics

    2611 Camulos St San Diego, CA 92107-1154

    View on Map
    • Apartment buildings
    • 6,970 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Jun 30, 2025
    $5,420,000
    Property ID
    US09-7260735
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2611 Camulos St

    Year built
    1971
    Lot size
    0.14 lot acres
    Property size
    6,970 SF
    Zone code
    R-4:MULTIPLE RESIDENTIAL
    Property type
    Apartment buildings
    APN
    449-865-01-00
    APU
    4498650100

    Description

    This exceptional investment opportunity presents a well-maintained, nine-unit apartment building located at 2611 Camulos Street in San Diego, California, zip code 92107. Built in 1971, this two-story building sits on a single lot (APN 449-865-01-00) and offers a total of 12 parking spaces for residents. The property is conveniently situated in the desirable Point Loma/Ocean Beach area, providing easy access to downtown San Diego and the airport, both within approximately 10 minutes' drive. On-site laundry facilities add to the convenience for tenants. The asking price for this multifamily property is $4,250,000. This presents a strong potential for income generation and appreciation in a highly sought-after San Diego neighborhood. The property's central location and ample parking make it an attractive option for renters. This is a rare opportunity to acquire a well-established multifamily asset in a thriving market. Further details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.231
    Latitude
    32.7492
    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
    $10,156
    $273,943
    $547,902
    $821,845
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      5018 Santa Cruz Ave, Unit 28

      APARTMENT HOUSE (5+ UNITS) • 0.23 Acres
      5018 Santa Cruz Ave, San Diego, CA 92107-3312
      View Details
    • Value Estimation by Request
      0.16 Acres

      3782 10th St

      APARTMENT HOUSE (5+ UNITS) • 0.16 Acres
      3782 10th St, San Diego, CA 92107-2443
      View Details
    • Value Estimation
      $1,325,000
      5,394 SF

      5111 Lotus St

      APARTMENT HOUSE (5+ UNITS) • 5,394 SF
      5111 Lotus St, San Diego, CA 92107-1345
      View Details
    • Value Estimation
      $1,055,000
      6,912 SF

      5035 Saratoga Ave

      APARTMENT HOUSE (5+ UNITS) • 6,912 SF
      5035 Saratoga Ave, San Diego, CA 92107-2851
      View Details
    • Value Estimation
      $590,000
      3,746 SF

      4941 Saratoga Ave, Unit 47

      APARTMENT HOUSE (5+ UNITS) • 3,746 SF
      4941 Saratoga Ave, San Diego, CA 92107-2817
      View Details
    • Value Estimation
      $1,135,000
      8,051 SF

      4510 Pt Loma Blvd, Unit 20

      APARTMENT HOUSE (5+ UNITS) • 8,051 SF
      4510 Pt Loma Blvd, San Diego, CA 92107-1261
      View Details

    Similar Nearby for Sale

    • $4,650,000
      7,198 SF

      Ocean Beach Multifamily Investment Opportunity

      10 units near the beach with value-add potential.
      4957 Cape May Ave, San Diego, CA 92107
      View Details
    • $8,200,000

      Point Loma Multifamily Investment Opportunity

      Rare 7-unit property near Ocean Beach with condo conversion potential.
      4930 W Point Loma Blvd, San Diego, CA 92107
      View Details
    • New
      $2,495,000
      1,900 SF

      Ocean Beach Triplex Near Pier

      Triplex near beaches, pier, restaurants, and shopping in San Diego.
      4985-89 Narragansett Ave, San Diego, CA 92107
      View Details
    • Contact for pricing
      1,196 SF

      Coastal Duplex Near Ocean Beach

      Income-generating duplex near the beach with modern updates.
      1674-1676 Cable St, San Diego, CA 92107
      View Details
    • Contact for pricing
      2,057 SF

      Ocean Beach Four-Unit Income Property

      Four-unit income property in desirable Ocean Beach neighborhood.
      4618-24 Voltaire St, San Diego, CA 92107
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2611 Camulos St
    San Diego, CA 92107-1154
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2611 Camulos St, San Diego, CA, 92107
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!