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Property profile & analytics
OFF-MARKET
Estimated value
$5,270,000
Retail space
3805 Msn Ave 15 Oceanside, CA 92058-1873
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9395281
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
23,555 SF
Lot
1.74 ac (75,794 SF)
Zoning code
COMMERCIAL
APN
160-560-06-00
UPID
US09-9395281
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
-
Acupunctur & MC Spa Alternative Medicine Practice Spa & Massage Center
-
western dental Dental Office
-
Dr. Michelle Fang Dental Office
-
MC Spa Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.53M
CAP Approach
CAP
$5.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.27M
Owner & transaction history
Eric Choi · 3 yrs held
Eric Choi
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Oceanside, 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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
$5,075,000
ML approach
$5,525,000
CAP Approach
CAP Return
Estimation
6%
$6,005,000
6.5%
$5,540,000
7%
$5,145,000
Blend value · Realmo final
$5.27M
Range $4.74M – $5.80M · ±10% · vs last sale $5.10M (Aug 26 2022)
Last sale anchor
$5.10M
Aug 26 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
$224 / 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
$59,354
Tax year 2024
Assessed value
$5,202,000
Assessed 2024
Previous assessed
$5,202,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,244,000
Assessed improvement
$2,958,000
Applied tax rate
7.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
NONE
Units
1
Total area
23,555 SF
Lot
1.74 ac (75,794 SF)
Zoning code
COMMERCIAL
APN
160-560-06-00
UPID
US09-9395281
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Oceanside, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceanside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Units
1
Lot
1.74 ac
Current owner
From public records · entity-resolved
Eric Choi
Individual
Mailing address
6 ANTARES, IRVINE, CA 92603-3700
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2022
$5,100,000
Eric Choi
95 Dth Co
Grant Deed
$2,050,000 · Bbcn Bank
Aug 26, 2022
—
Eric Choi
Hae Kyung Choi
Intrafamily Transfer
related
—
Oct 30, 2017
$2,800,000
95 Dth Co
Warren John & Laura Trust
Grant Deed
$1,400,000 · Private Individual
Aug 3, 2017
—
John R Warren
—
Deed
related
$225,000 · Tellone Mortgage Fund LP
Aug 23, 2007
—
Warren John & Laura Trust
Warren,john R
Quit Claim Deed
related
—
Sep 23, 2002
$2,250,000
John Warren
Mission Plaza West Partnership
Grant Deed
$1,900,000 · Tellone Mortgage Fund LP
—
—
Plaza We Mission
—
Deed Of Trust
related
$2,050,000 · Union 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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