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Property profile & analytics
OFF-MARKET
Estimated value
$9,515,000
Apartment buildings
31932 Del Cielo Este Bonsall, CA 92003-3925
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9904766
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
29,600 SF
Lot
1.51 ac (65,775 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
126-370-05-00
UPID
US09-9904766
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
-
Vista Verde Apartments Apartment Building
-
Bonsall Breeze Apartments Apartment Complex
-
Stone Fox Clothing Supplier Service Establishment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.76M
CAP Approach
CAP
$7.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.52M
Owner & transaction history
Dublin Condo LLC · 4 yrs held
Dublin Condo LLC
since 2021
Last sale
$10.6M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Bonsall, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.1M
+50.8%
Retail stores
$12.4M
+33.3%
Auto repair, garage
$11.3M
+21.3%
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 Bonsall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bonsall 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
$10,035,000
ML approach
$8,755,000
CAP Approach
CAP Return
Estimation
6%
$8,195,000
6.5%
$7,565,000
7%
$7,025,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,320,000
Current use
MEDICAL BUILDING
$14,050,000
Change: +51% · Conversion: Moderate
RETAIL STORES
$12,425,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,300,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$10,675,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$9.52M
Range $8.56M – $10.47M · ±10% · vs last sale $10.61M (Sep 2 2021)
Last sale anchor
$10.61M
Sep 2 2021
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
$321 / 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
$115,115
Tax year 2024
Assessed value
$10,997,028
Assessed 2024
Previous assessed
$10,997,028
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$4,057,560
Assessed improvement
$6,939,468
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1985
Heating
NONE
Units
40
Total area
29,600 SF
Lot
1.51 ac (65,775 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
126-370-05-00
UPID
US09-9904766
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Bonsall, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Bonsall, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bonsall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$14.1M
RETAIL STORES
Est. value
$12.4M
AUTO REPAIR, GARAGE
Est. value
$11.3M
OFFICE BUILDING
Est. value
$10.7M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE 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
1985
Heating
NONE
Units
40
Lot
1.51 ac
Current owner
From public records · entity-resolved
Dublin Condo LLC
Entity
Mailing address
5674 STONERIDGE DR #109, PLEASANTON, CA 94588-8500
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2021
$10,610,000
Dublin Condo LLC
Insight Bonsall LLC
Grant Deed
$5,835,000 · Bellwether Enterprise Mortgage Inve
Jan 30, 2019
—
Insight Bonsall LLC
—
Deed
related
$4,200,000 · Opus Bank
Mar 26, 2013
$3,650,000
Insight Bonsall LLC
31932 Dce LLC
Grant Deed
$2,000,000 · Cmfg Life Insurance Company
Sep 29, 2006
—
Web Service Co INC
Sevy,jacqueline A
Grant Deed
related
—
Jun 2, 2006
—
31932 Dce LLC
Grennan,catherine M
Grant Deed
—
Nov 3, 2005
—
Jacqueline A Sevy
Sevy,robert L
Quit Claim Deed
related
—
Nov 3, 2005
$5,150,000
Catherine M Grennan
Cassis Eric L & N Trust
Grant Deed
$3,300,000 · United Commercial Bank
Oct 26, 1992
$1,100,000
Unknown
—
Grant Deed
related
—
Jun 12, 1992
$1,825,273
Savings America Home
Gala,bonsall
Trustees Deed
related
—
Sep 8, 1989
$230,000
Magno Mary L
S M Accommodator
Trustees Deed
related
—
Sep 8, 1989
—
S M Accommodator
Lindsey James J
Grant Deed
related
—
Feb 13, 1989
$2,250,000
Gala Bonsall
San Luis Rey Apa
Trustees Deed
$1,712,000 · Home Savings Of America
—
—
Gala Bonsall
—
Deed Of Trust
related
—
—
—
Cassis Trust
—
Deed Of Trust
related
$880,000 · American Savings Bank
—
—
Eric L Cassis
—
Deed Of Trust
related
$100,000 · Flora B Resch
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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