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Property profile & analytics
OFF-MARKET
Estimated value
$4,530,000
Office buildings
309 Quinto St, Santa Barbara, CA 93105-4300
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2050249
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Lot
0.26 ac (11,325 SF)
APN
025-053-002
UPID
US09-2050249
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
-
Frederic C. Kass, MD, JD, MA Physician
-
Ms. Amanda Sweet Physician
-
Farnaz Haji, DO, MS Physician Medical Clinic
-
Steven D Md Zelko Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.53M
Owner & transaction history
309 Sb Med LLC · 4 yrs held
309 Sb Med LLC
since 2022
Last sale
$3.8M
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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$5,230,000
ML approach
$5,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.53M
Range $4.08M – $4.98M · ±10% · vs last sale $3.80M (Jan 31 2022)
Last sale anchor
$3.80M
Jan 31 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
—
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
$87
Tax year 2024
Assessed value
$3,953,520
Assessed 2024
Previous assessed
$3,953,520
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$1,820,700
Assessed improvement
$2,132,820
Applied tax rate
2.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.26 ac (11,325 SF)
APN
025-053-002
UPID
US09-2050249
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
0.26 ac
Current owner
From public records · entity-resolved
309 Sb Med LLC
Entity
Mailing address
1230 MONTANA AVE STE #202, SANTA MONICA, CA 90403-5987
Mailing matches property
Yes
Owner-occupied
Yes
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
$3,800,000
309 Sb Med LLC
309 W Quinto LLC
Grant Deed
$2,000,000 · First Republic Bank
Mar 24, 2021
—
309 W Quinto LLC
—
Deed
related
$400,000 · American Riviera Bank
Nov 25, 2019
—
309 W Quinto LLC
—
Deed
related
$165,000 · Mark Garwood
Jun 3, 2019
—
309 W Quinto LLC
—
Deed
related
$913,500 · Herzer Financial Services INC
Nov 2, 2018
—
Garwood,m & P R 1991 Trust
—
Deed
related
—
Aug 10, 2018
—
309 W Quinto LLC
Garwood M & P R 1991 Trust
Quit Claim Deed
—
Jul 9, 2018
—
Mark Garwood
—
Deed
related
$906,500 · American Riviera Bk
Jun 15, 2018
$2,533,500
Mark Garwood
Van Donge O Roark Investments
Grant Deed
$831,500 · American River Bank
Oct 11, 2002
—
Van Donge Oroark Investments
Van Donge Oroark Investments
Quit Claim Deed
related
—
Jun 30, 1998
—
Van Donge-oroark Investments
Quinto Investment Trust
Grant Deed
related
—
May 29, 1998
—
Quinto Trust
Vandonge,norman W
Grant Deed
related
—
May 22, 1998
—
Norman W Van Donge
Van Donge - Oroark Inv
Quit Claim Deed
related
—
—
—
Garwood,m & P R 1991 Trust
—
Loan Modification
related
—
—
—
309 W Quinto LLC
—
Deed Of Trust
related
$165,000 · Mark Garwood
—
—
Van Donge-oroark Investments
—
Deed Of Trust
related
$700,000 · Business First National Bank
—
—
Van Donge-o Roark Investments
—
Deed Of Trust
related
$350,000 · Santa Barbara Bank & Trust
—
—
Mark Garwood
—
Loan Modification
related
$906,500 · American Riviera Bk
—
—
Garwood,m & P R 1991 Trust
—
Loan Modification
related
$906,500 · American Riviera Bk
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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