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Property profile & analytics
OFF-MARKET
Apartment buildings
403 Anapamu St Santa Barbara, CA 93101-1334
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2216220
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Total area
6,180 SF
Lot
0.21 ac (9,147 SF)
APN
029-133-019
UPID
US09-2216220
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wf Overland LLC
Wf Overland LLC
since 2025
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,665
Tax year 2024
Assessed value
$1,002,770
Assessed 2024
Previous assessed
$1,002,770
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$345,811
Assessed improvement
$656,959
Applied tax rate
2.0000
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
Heating
NONE
Bathrooms
6
Total area
6,180 SF
Lot
0.21 ac (9,147 SF)
APN
029-133-019
UPID
US09-2216220
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Bathrooms
6
Lot
0.21 ac
Current owner
From public records · entity-resolved
Wf Overland LLC
Entity
Mailing address
100 LA VUELTA RD, SANTA BARBARA, CA 93108-2624
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$3,345,000
Wf Overland LLC
The Petrovich Family Revocable Trus
Grant Deed
—
Jul 21, 2016
—
Susan F Petrovich
Petrovich,james
Affidavit Of Death
related
—
Jul 30, 2014
—
Petrovich Family Trust
Petrovich Family Trust
Quit Claim Deed
related
—
Aug 1, 2002
—
Petrovich,tr
Petrovich,james
Quit Claim Deed
related
—
Oct 2, 1998
—
James Petrovich
Petrovich,susan F
Quit Claim Deed
related
$329,000 · World Savings Bank
Jul 24, 1998
$342,000
Jerry L Martin Trustee
Martin Trust
Grant Deed
related
—
May 13, 1994
—
Martin,jerry Fam Rev Tr
Martin,jerry&peg
Quit Claim Deed
related
—
—
—
Jerry L Martin
—
Deed Of Trust
related
$365,000 · American Savings Bank
—
—
Petrovich Family Trust
—
Deed Of Trust
related
$200,000 · Stephen P Forsell 401k Psp
—
—
Petrovich Family Trust
—
Deed Of Trust
related
$1,000,000 · Jp Morgan Chase Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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