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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Assisted living facilities
2960 Bernardo Ave Escondido, CA 92029-6610
Trust Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7418890
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1979
Total area
4,063 SF
Lot
0.95 ac (41,382 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
238-400-33-00
UPID
US09-7418890
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
-
CareMeridian Medical Clinic
-
Assisted Living Escondido Villa Bernardo Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$971k
Blend (final)
Blend
$865k
Owner & transaction history
Equity Trust Company · 3 yrs held
Equity Trust Company
since 2022
Last sale
$869,000
7 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning | Escondido, CA
Top alternative use upside
Warehouse, storage
$1.3M
+1.3%
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$905,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,240,000
Current use
WAREHOUSE, STORAGE
$1,255,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$1,235,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $869k (Nov 9 2022)
Last sale anchor
$869k
Nov 9 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
$213 / 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
$10,586
Tax year 2024
Assessed value
$931,619
Assessed 2024
Previous assessed
$931,619
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$428,879
Assessed improvement
$502,740
Applied tax rate
74.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1979
Heating
NONE
Units
1
Bathrooms
2
Total area
4,063 SF
Lot
0.95 ac (41,382 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
238-400-33-00
UPID
US09-7418890
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · Escondido, CAZoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Escondido, CA
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
WAREHOUSE, STORAGE
MEDICAL 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
1979
Heating
NONE
Units
1
Bathrooms
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Equity Trust Company
Trust
Mailing address
5294 CAMINITO VIS LUJO, SAN DIEGO, CA 92130-2857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 9, 2022
—
Equity Trust Company
Zhengmao Guo
Intrafamily Transfer
related
—
Sep 18, 2019
—
Rongrong Zhang
—
Deed
related
$405,000 · North American Savings Bank Fsb
Jul 26, 2019
$869,000
Zhengmao Guo
Southern California Nevada LLC
Grant Deed
—
Jan 3, 2012
$1,687,500
Southern California Nevada LLC
Journey Health Properties LLC
Grant Deed
—
Jun 9, 2006
—
National Mentor Healthcare LLC
Journey Health Properties LLC
Grant Deed
related
—
May 5, 2004
—
Caremeridian LLC
Meridian Neuro Care LLC
Quit Claim Deed
related
$11,300,000 · Comerica Bank
Oct 20, 1997
$350,000
Meridian Neuro Care LLC
Regency Rehah Hospitals INC
Grant Deed
—
Jan 17, 1997
$606,000
Regency Rehab Hospital INC
Western Neuro Residential INC
Grant Deed
—
Jul 25, 1990
—
Neuro Re Western
—
Deed Of Trust
related
—
Jul 7, 1989
$322,000
Western Neuro Rs
Mccullough Thoma
Grant Deed
—
—
—
Meridian Neuro Care LLC
—
Deed Of Trust
related
$2,847,154 · Imperial Bank
—
—
Journey Health Properties LLC
—
Deed Of Trust
related
$3,000,000 · Rabobank
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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