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Property profile & analytics
OFF-MARKET
Estimated value
$6,825,000
Medical Office Space
3720 4th Ave San Diego, CA 92103-4203
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8223612
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
2,400 SF
Lot
0.15 ac (6,746 SF)
Zoning code
COMMERCIAL
APN
452-063-27-00
UPID
US09-8223612
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
-
Robert B Pollack, MD Physician Medical Clinic
-
Manchester Gary H MD Physician Medical Clinic
-
Cosmetic Ear Reduction Surgery Physician Medical Clinic
-
Medical Expert Plastic Surgery Face and Neck Physician
-
Rhinoplasty Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.83M
Owner & transaction history
Hillcrest Cedar Property Owner LLC · 2 yrs held
Hillcrest Cedar Property Owner LLC
since 2024
Last sale
$6.8M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.3M
+141.6%
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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$6,825,000
ML approach
$6,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,300,000
Change: +142% · Conversion: Easy
Blend value · Realmo final
$6.83M
Range $6.14M – $7.51M · ±10% · vs last sale $6.83M (Jan 9 2024)
Last sale anchor
$6.83M
Jan 9 2024
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
$2,844 / 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
$15,233
Tax year 2024
Assessed value
$1,237,203
Assessed 2024
Previous assessed
$1,237,203
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$628,023
Assessed improvement
$609,180
Applied tax rate
8.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Units
1
Total area
2,400 SF
Lot
0.15 ac (6,746 SF)
Zoning code
COMMERCIAL
APN
452-063-27-00
UPID
US09-8223612
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.3M
COMMERCIAL (GENERAL)
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
Heating
NONE
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Hillcrest Cedar Property Owner LLC
Entity
Mailing address
1020 W LAWRENCE AVE STE #300, CHICAGO, IL 60640-5053
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jan 9, 2024
$6,825,000
Hillcrest Cedar Property Owner LLC
John Mark Hilinski
Grant Deed
—
Aug 19, 2020
—
Deborah L Hilinski
—
Deed
related
$2,020,000 · Live Oak Banking Company
Jul 21, 2010
$950,000
Hilinski Family Living Trust
Manchester Gary H Trust
Grant Deed
$510,000 · Ironstone Bank
—
—
Manchester Trust
—
Deed Of Trust
related
$250,000 · San Diego National Bank
—
—
Gary H Manchester
—
Deed Of Trust
related
$245,000 · Ironstone Bank
—
—
Manchester Gary H Trust
—
Deed Of Trust
related
$500,000 · Ironstone 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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