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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Retail space
2890 Grand Ave Los Olivos, CA 93441
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1599663
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
2,420 SF
Lot
0.33 ac (14,374 SF)
APN
135-094-001
UPID
US09-1599663
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
-
Solminer Wine Company Brewery & Distillery Specialty Food Shop
-
Pacific Ridge Vineyards Food Processing Plant
-
Kaena Wine Co Brewery & Distillery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$575k
Owner & transaction history
B Re Los Olivos Property LLC · 8 yrs held
B Re Los Olivos Property LLC
since 2017
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 Los Olivos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Olivos 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
$430,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$535,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$238 / 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
$34,103
Tax year 2024
Assessed value
$3,035,000
Assessed 2024
Previous assessed
$3,035,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,141,000
Assessed improvement
$894,000
Applied tax rate
74.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Total area
2,420 SF
Lot
0.33 ac (14,374 SF)
APN
135-094-001
UPID
US09-1599663
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
B Re Los Olivos Property LLC
Entity
Mailing address
4500 PARK SERENA, CALABASAS, CA 91302-1774
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2017
—
B Re Los Olivos Property LLC
B R Los Olivos Property LLC
Quit Claim Deed
related
—
Apr 11, 2006
$2,500,000
Cambridge Property LLC
Whitmore R & B R Trust
Grant Deed
$1,875,000 · First Regional Bank
Apr 11, 2006
—
Janet W Onorato
Onorato,dave J
Quit Claim Deed
related
—
Mar 24, 2005
—
Whitmore Robert & B R Trust
Whitmore R & B R Trust
Quit Claim Deed
related
—
Oct 30, 1998
—
Whitmore Trust
Whitmore,robert & Beverly
Quit Claim Deed
related
—
Dec 20, 1994
—
Naman Trust
Naman,rita
Quit Claim Deed
related
—
—
—
B R Los Olivos Property LLC
—
Deed Of Trust
related
$1,900,000 · New Omni Bk NA
—
—
Br Los Olivos Property LLC
—
Deed Of Trust
related
$1,370,000 · Tomatobank NA
—
—
B R Los Olivos Property LLC
—
Deed Of Trust
related
$1,875,000 · First Citizens Bank & Trust Co
—
—
Br Los Olivos Property LLC
—
Deed Of Trust
related
$1,900,000 · Other Institutional Lenders
—
—
R R Los Olivos Property LLC
—
Deed Of Trust
related
$3,000,000 · Steven M Roth
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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