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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Automotive properties
4299 State St Santa Barbara, CA 93110-1818
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1995235
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Total area
2,542 SF
Lot
0.55 ac (23,958 SF)
APN
061-093-005
UPID
US09-1995235
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
-
Fast Lane Oil Change Auto Repair Shop
-
Ian's Tire & Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$807k
Blend (final)
Blend
$605k
Owner & transaction history
Malek Holding Group LLC · 14 yrs held
Malek Holding Group LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$630,000
+4.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$600,000
Current use
COMMERCIAL (GENERAL)
$630,000
Change: +4% · Conversion: Moderate
OFFICE BUILDING
$550,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$238 / 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
$14,126
Tax year 2024
Assessed value
$1,237,048
Assessed 2024
Previous assessed
$1,237,048
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,103,882
Assessed improvement
$133,166
Applied tax rate
69.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Heating
NONE
Total area
2,542 SF
Lot
0.55 ac (23,958 SF)
APN
061-093-005
UPID
US09-1995235
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$630,000
OFFICE BUILDING
Est. value
$550,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE 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
Heating
NONE
Lot
0.55 ac
Current owner
From public records · entity-resolved
Malek Holding Group LLC
Entity
Free & Clear · 14 yrs held
Mailing address
24766 GILMORE ST, WEST HILLS, CA 91307-2761
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2012
—
Malek Holding Group LLC
Entezari Living Trust
Grant Deed
—
Oct 27, 1993
—
Entezari,liv Tr
Entezari,massoud
Quit Claim Deed
related
—
Jun 30, 1989
$495,500
Massoud Entezari
4299,limited
Grant Deed
related
$195,436
—
—
Entezari Trust
—
Deed Of Trust
related
$70,000 · Superior Home Loans
—
—
Massoud Entezari
—
Deed Of Trust
related
$200,000 · City Commerce Bank
—
—
Enterari,tr
—
Deed Of Trust
related
$100,000 · California Federal Bank
—
—
Lane Fast II
—
Deed Of Trust
related
$100,000 · Individual
—
—
Massoud Entezari Trustee
—
Deed Of Trust
related
$50,000 · Individual
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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