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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Office buildings
419 Webster St Monterey, CA 93940-3241
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0332680
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1961
Construction
WOOD
Total area
9,033 SF
Lot
0.23 ac (10,202 SF)
APN
001-726-018-000
UPID
US09-0332680
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
-
System Pavers General Contractor Construction Company
-
Ashlie Duplichen Marriage Or Relationship Counselor
-
JLO Consulting LLC Business Management Consultant
-
GraniteCrete, Inc. Building Supply Construction Company
-
Onyx Pike Real Estate & Business Broker Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.77M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$2.10M
Owner & transaction history
Nelson,alvelo Vega Livin Trust · 5 yrs held
Nelson,alvelo Vega Livin Trust
since 2020
Last sale
$2.1M
6 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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$2,740,000
ML approach
$2,765,000
CAP Approach
CAP Return
Estimation
6%
$2,255,000
6.5%
$2,080,000
7%
$1,935,000
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.05M (Dec 30 2020)
Last sale anchor
$2.05M
Dec 30 2020
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
$232 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,380
Tax year 2023
Assessed value
$2,132,820
Assessed 2023
Previous assessed
$2,132,820
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$832,320
Assessed improvement
$1,300,500
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
CENTRAL
Stories
2
Units
1
Rooms
17
Bathrooms
4
Total area
9,033 SF
Lot
0.23 ac (10,202 SF)
APN
001-726-018-000
UPID
US09-0332680
Jurisdiction
MONTEREY
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
Year built
1961
Construction
WOOD
Heating
CENTRAL
Stories
2
Units
1
Rooms
17
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Nelson,alvelo Vega Livin Trust
Trust
Mailing address
444 PEARL ST, MONTEREY, CA 93940-3061
Ownership since
2020
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
Sep 14, 2022
—
Alvelo Vega Nelson
—
Deed
related
$100,000 · John A Favazza Family Trust
Dec 30, 2020
$2,050,000
Nelson,alvelo Vega Livin Trust
Webster Street Partners LLC
Grant Deed
$1,100,000 · Webster Street Partners LLC
Jul 3, 2001
$1,250,000
Webster Street Partners LLC
Peno Bottom LP
Grant Deed
$937,500 · Peno Bottom LP
Oct 24, 1995
—
Peno Bottom LP
J J D Properties LP
Grant Deed
related
—
Jan 9, 1995
$1,125,000
J J D Properties Ltd
Post Trust
Grant Deed
$800,000 · Didion Trust
—
—
419 Webster Stre
—
Deed Of Trust
related
$60,176 · Web Assoc
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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