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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Apartment buildings
3100 Ocean St Carlsbad, CA 92008-2962
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9813786
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Total area
10,113 SF
Lot
0.19 ac (8,092 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
203-250-22-00
UPID
US09-9813786
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
-
Capital Asset Management Property Management Company
-
Beachwalk Villas Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.74M
Owner & transaction history
Funke,thomas M Trust · 8 yrs held
Funke,thomas M Trust
since 2018
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Carlsbad, 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 Carlsbad submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlsbad 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,345,000
6.5%
$3,090,000
7%
$2,870,000
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±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
$270 / 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
$39,948
Tax year 2024
Assessed value
$3,749,627
Assessed 2024
Previous assessed
$3,749,627
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,509,047
Assessed improvement
$1,240,580
Applied tax rate
9.0000
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
1966
Heating
NONE
Units
9
Bathrooms
11
Total area
10,113 SF
Lot
0.19 ac (8,092 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
203-250-22-00
UPID
US09-9813786
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Carlsbad, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carlsbad. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Units
9
Bathrooms
11
Lot
0.19 ac
Current owner
From public records · entity-resolved
Funke,thomas M Trust
Trust
Mailing address
2206 BALBOA AVE, SAN DIEGO, CA 92109-4735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 29, 2018
—
Funke,thomas M Trust
Funke,thomas M
Quit Claim Deed
related
—
Nov 15, 2017
—
Jalinda Bastian
—
Deed
related
$2,010,000 · Wells Fargo Bank NA
Jan 9, 2009
—
Thomas M Funke
—
Trustees Deed
related
$400,000 · Clarke D Mcnaughton
Jan 22, 2008
$405,318
Jalinda Bastian
Funke,thomas M
Quit Claim Deed
related
—
Jul 8, 2003
—
Wilson,tr
Wilson,thomas E
Quit Claim Deed
related
$85,000 · Bruce & Patricia Haulley
Mar 21, 2002
—
James F Wilson
Wilson,thomas E
Quit Claim Deed
related
$403,995 · Investment Property Exchange
Sep 22, 2000
$2,750,000
Wilson Trust
Friedrichsen,eric & Kim
Grant Deed
$342,755 · Seller
Jul 2, 1996
$1,500,000
Sigafoose,norine
Mc Naughton,clarke D
Trustees Deed
$1,400,000 · Seller
Jul 2, 1996
—
Norine Sigafoose
Sigafoose,david P
Quit Claim Deed
related
—
Dec 19, 1988
$1,150,000
G Miller Dev Co
Macfarlane Steph
Trustees Deed
$295,000 · Western Financial Savings Bank
—
—
Jalinda Bastian
—
Deed Of Trust
related
$2,500,000 · Wells Fargo Bank
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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