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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Investment properties
429 Bassett St, King City, CA 93930-2907
Trust Owned
8-yr Hold
Free & Clear
Property ID
US09-2746691
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1939
Construction
WOOD
Total area
4,207 SF
Lot
0.34 ac (15,000 SF)
APN
026-164-004-000
UPID
US09-2746691
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
-
Eddington Funeral Services Social Service Agency
-
Whitehurst-Muller Funeral Services Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$830k
Owner & transaction history
Eddington,r & G 2017 Fam Trust · 8 yrs held
Eddington,r & G 2017 Fam Trust
since 2017
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 King City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$970,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,305,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$830k
Range $747k – $913k · ±10%
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
$197 / 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
$5,922
Tax year 2023
Assessed value
$483,933
Assessed 2023
Previous assessed
$483,933
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$144,394
Assessed improvement
$339,539
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
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Rooms
7
Bathrooms
6
Total area
4,207 SF
Lot
0.34 ac (15,000 SF)
APN
026-164-004-000
UPID
US09-2746691
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.3M
MEDICAL BUILDING
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
1939
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Rooms
7
Bathrooms
6
Lot
0.34 ac
Current owner
From public records · entity-resolved
Eddington,r & G 2017 Fam Trust
Trust
Free & Clear · 8 yrs held
Mailing address
1512 FAIRWAY DR, PASO ROBLES, CA 93446-3407
Ownership since
2017
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 28, 2017
—
Eddington,r & G 2017 Fam Trust
Eddington,robert J & Geneva M
Quit Claim Deed
related
—
Jul 24, 2017
—
Robert J Eddington
—
Trustees Deed
related
$425,000 · First Cap Bk
Sep 29, 2014
$290,000
Robert J Eddington
Stonemor California Subsidiary
Grant Deed
$290,000 · Hector Marquez
Oct 10, 2012
—
Stonemor Ca Subsidiary INC
—
Deed Of Trust
related
$130,000,000 · Bank Of America
May 24, 2011
—
Stonemor Ca Subsidiary INC
—
Deed Of Trust
related
$120,000,000 · Bank Of America
Jan 11, 2008
$125,000
Stonemor Ca Subsidiary INC
Alderwoods Grp California INC
Grant Deed
$240,000,000 · Bank Of America
—
—
Alderwoods Group
—
Deed Of Trust
related
—
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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