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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Apartment buildings
430 Main Ave 38, Fallbrook, CA 92028-1923
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-9911543
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1940
Total area
3,401 SF
Lot
0.24 ac (10,636 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
103-132-09-00
UPID
US09-9911543
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
$870k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
Golabaton LLC · 8 yrs held
Golabaton LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Fallbrook, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+21.3%
Office building
$1.2M
+14.5%
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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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%
$940,000
6.5%
$870,000
7%
$805,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,070,000
Current use
AUTO REPAIR, GARAGE
$1,300,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,225,000
Change: +15% · Conversion: Moderate
WAREHOUSE, STORAGE
$965,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$229 / 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
$9,659
Tax year 2024
Assessed value
$897,989
Assessed 2024
Previous assessed
$897,989
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$334,654
Assessed improvement
$563,335
Applied tax rate
75.0000
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
Year built
1940
Heating
NONE
Units
7
Bathrooms
5
Total area
3,401 SF
Lot
0.24 ac (10,636 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
103-132-09-00
UPID
US09-9911543
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Fallbrook, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$965,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1940
Heating
NONE
Units
7
Bathrooms
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Golabaton LLC
Entity
Mailing address
PO BOX 911005, SAN DIEGO, CA 92191-1005
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
—
Golabaton LLC
—
Deed
related
$1,100,000 · Citizens Bank NA
Mar 1, 2018
$875,000
Golabaton LLC
Bankim M Shah
Grant Deed
$481,250 · Fidelity National Title Insurance
May 27, 2011
—
Salvatore Giantomaso
Giantomaso,lynn
Quit Claim Deed
related
—
May 27, 2011
$490,000
Shah Family Trust
Druce,brian
Grant Deed
$365,000 · Brian Druce
Jul 22, 2009
—
Brian Druce
Giantomaso,salvatore
Quit Claim Deed
related
—
Jan 22, 2008
$915,000
Salvatore Giantomaso
Druce,brian
Grant Deed
$823,500 · Brian Druce
Apr 26, 2004
$850,000
Brian Bruce
Kalmia LLC
Grant Deed
—
Jun 25, 2002
$495,000
Kalmia LLC
Jordan Family LP
Grant Deed
$50,000 · Southwest Community Bank
Apr 20, 1999
$150,000
Jordna Family LP
Karnaukas Trust
Grant Deed
$115,000 · Seller
Dec 5, 1975
$49,500
—
—
Grant Deed
related
$20,000
—
—
1997 Jordan Family LP
—
Deed Of Trust
related
$120,000 · Individual
—
—
Jordan Family LP
—
Deed Of Trust
related
$260,000 · Southwest Community 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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