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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Apartment buildings
2666 El Camino Real N Salinas, CA 93907-1222
Individually Owned
3-yr Hold
Free & Clear
Property ID
US09-2824993
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1941
Construction
WOOD
Total area
3,008 SF
Lot
40.17 ac (1,749,805 SF)
APN
125-215-041-000
UPID
US09-2824993
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
$580k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$600k
Owner & transaction history
Alfredo Calderon · 3 yrs held
Alfredo Calderon
since 2023
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
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 Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas 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
$515,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$745,000
7%
$690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$950,000
Change: -11% · Conversion: Moderate
MEDICAL BUILDING
$930,000
Change: -13% · Conversion: Moderate
OFFICE BUILDING
$880,000
Change: -18% · Conversion: Moderate
RETAIL STORES
$875,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Mar 9 2023)
Last sale anchor
$600k
Mar 9 2023
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
$199 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,484
Tax year 2023
Assessed value
$1,340,074
Assessed 2023
Previous assessed
$1,340,074
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$857,165
Assessed improvement
$482,909
Applied tax rate
99.0000
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
1941
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Rooms
9
Bathrooms
2
Total area
3,008 SF
Lot
40.17 ac (1,749,805 SF)
APN
125-215-041-000
UPID
US09-2824993
Jurisdiction
MONTEREY
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
COMMERCIAL (GENERAL)
Est. value
$950,000
MEDICAL BUILDING
Est. value
$930,000
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES
Est. value
$875,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1941
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Rooms
9
Bathrooms
2
Lot
40.17 ac
Current owner
From public records · entity-resolved
Alfredo Calderon
Individual
Free & Clear · 3 yrs held
Mailing address
2666 EL CAMINO REAL N, SALINAS, CA 93907-1222
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Mar 9, 2023
—
Alfredo Calderon
Alfredo Calderon
Intrafamily Transfer
related
—
Nov 15, 2019
—
Alfredo Calderon
—
Deed
related
$930,000 · Bank Of The West
Oct 28, 2011
$600,000
Alfredo Calderon
Bella Invs
Grant Deed
$1,045,000 · Bella Investments
Jul 22, 2005
$1,400,000
Bella Investments
Angelo J Dumont
Grant Deed
$1,050,000 · M Lewis INC
Dec 10, 2002
—
Dumont,tr
Dumont,tr
Quit Claim Deed
related
—
Apr 10, 2002
—
Dumont Trust
Dumont,angelo J
Quit Claim Deed
related
—
Sep 12, 2001
—
Angelo Dumont
Dumont,sara A
Quit Claim Deed
related
—
Jan 15, 1998
—
Angelo J Dumont
Dumont,angelo J
Quit Claim Deed
related
—
Oct 15, 1997
$600,000
Du Mont,angela J
Shade Enterprises Ltd
Trustees Deed
$400,000 · Bank Of Salinas
Oct 15, 1997
—
Mont Angelo J Du
Young,sara
Quit Claim Deed
related
—
—
—
Alfredo Calderon
—
Deed Of Trust
related
$930,000 · Bank Of The West
—
—
Dumont Angelo J Trust
—
Deed Of Trust
related
$100,000 · Ken Reitz
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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