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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Apartment buildings
363 Manzanita Rd Mammoth Lakes, CA 93546-1138
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2550409
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Construction
WOOD
Total area
4,464 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RMF-1
APN
033-150-040-000
UPID
US09-2550409
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
David Stanley Johnston · 4 yrs held
David Stanley Johnston
since 2021
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
RMF-1 · Mammoth Lakes, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$945,000
+65.8%
Retail stores
$780,000
+36.6%
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 Mammoth Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mammoth Lakes 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
$1,140,000
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$945,000
Change: +66% · Conversion: Moderate
RETAIL STORES
$780,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.19M (Aug 20 2021)
Last sale anchor
$1.19M
Aug 20 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
$259 / 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
$14,083
Tax year 2024
Assessed value
$1,232,873
Assessed 2024
Previous assessed
$1,232,873
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$246,574
Assessed improvement
$986,299
Applied tax rate
10.0000
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
1975
Construction
WOOD
Heating
BASEBOARD
Stories
2
Units
5
Rooms
25
Bathrooms
1
Total area
4,464 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RMF-1
APN
033-150-040-000
UPID
US09-2550409
Jurisdiction
MONO
Zoning & alternative use
RMF-1 · Mammoth Lakes, CA
Zoning RMF-1 · permitted uses
RMF-1 · Mammoth Lakes, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mammoth Lakes. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$945,000
RETAIL STORES
Est. value
$780,000
COMMERCIAL (GENERAL)
RETAIL STORES
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
1975
Construction
WOOD
Heating
BASEBOARD
Stories
2
Units
5
Rooms
25
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
David Stanley Johnston
Individual
Mailing address
20616 BROOKWOOD LN, SARATOGA, CA 95070-5831
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
$1,185,000
David Stanley Johnston
Christopher C Wiles
Grant Deed
—
Jun 12, 2013
—
Wiles,christopher C Trust
Wiles Christopher C Trust
Quit Claim Deed
related
—
Feb 10, 2012
$510,000
Wiles Christopher C Trust
Mono Street LLC
Grant Deed
—
Mar 4, 2011
—
Mono Street LLC
Hooper H Allen Trust
Grant Deed
—
Jun 9, 2004
$640,000
Hooper H A Trust
Spellman,howard S
Grant Deed
—
—
—
Hooper H Allen Trust
—
Deed Of Trust
related
$455,735 · Los Padres 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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