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Property profile & analytics
OFF-MARKET
Investment properties
277 Rockaway Ave Grover Beach, CA 93433-1947
Individually Owned
5-yr Hold
Property ID
US09-1354055
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1949
Construction
WOOD
Total area
825 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CHC
APN
060-206-014
UPID
US09-1354055
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jose Luis Najarro JR · 5 yrs held
Jose Luis Najarro JR
since 2021
Last sale
$426,000
7 recorded transactions
Zoning & alternative use
CHC · Grover Beach, 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 Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,428
Tax year 2024
Assessed value
$473,986
Assessed 2024
Previous assessed
$473,986
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$339,772
Assessed improvement
$134,214
Applied tax rate
5.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
YES
Rooms
4
Bathrooms
1
Total area
825 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CHC
APN
060-206-014
UPID
US09-1354055
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CHC · Grover Beach, CA
Zoning CHC · permitted uses
CHC · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
YES
Rooms
4
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jose Luis Najarro JR
Individual
Mailing address
277 ROCKAWAY AVE, GROVER BEACH, CA 93433-1947
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
—
Jose Luis Najarro JR
—
Deed
related
$139,000 · Sesloc FCU
Jan 7, 2021
—
Jose Luis Najarro JR
Jose Luis Najarro JR
Intrafamily Transfer
related
$407,000 · Quicken Loans LLC
Jun 13, 2018
$426,000
Jose L Najarro JR
Smith Nicholas R Trust
Grant Deed
$418,284 · Jmac Lending
Aug 31, 2016
—
Nicholas R Smith
—
Deed
related
$300,000 · Wells Fargo Bank NA
Sep 14, 2009
—
Smith Nicholas R Trust
Smith,nicholas R
Quit Claim Deed
related
—
Sep 11, 2009
—
Nicholas R Smith
Nicholas R Smith
Intrafamily Transfer
related
$262,000 · Jpmorgan Chase Bank NA
Nov 7, 2005
—
Smith Nicholas R Trust
Smith,nicholas
Quit Claim Deed
related
—
Jul 24, 1990
$98,000
Nicholas Smith
Cone,lawrence
Grant Deed
$88,000 · Arcs Mortgage INC
—
—
Nicholas Smith
—
Deed Of Trust
related
$89,000 · Arcs Mortgage INC
—
—
Nicholas Smith
—
Deed Of Trust
related
$90,500 · Arcs Mortgage INC
—
—
Nicholas Smith
—
Deed Of Trust
related
$30,000 · Chase Manhattan Bank
—
—
Nicholas Smith
—
Deed Of Trust
related
$178,500 · Chase Manhattan Mortgage Corp
—
—
Nicholas Smith
—
Deed Of Trust
related
$90,000 · Chase Manhattan Mortgage Corp
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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