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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Turn key restaurants
440 Ortega St Santa Barbara, CA 93101-1635
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1805818
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
0.04 ac (1,742 SF)
APN
031-160-013
UPID
US09-1805818
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
-
Poe & Co. Folk Foods (Bike/Boat/Book/etc) Store
-
Poe & Co Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Dire Wolf Holdings LLC · 2 yrs held
Dire Wolf Holdings LLC
since 2024
Last sale
$795,000
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
Method
Estimation
Statistic approach
$795,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $795k (Feb 8 2024)
Last sale anchor
$795k
Feb 8 2024
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
—
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
$7,937
Tax year 2024
Assessed value
$742,844
Assessed 2024
Previous assessed
$742,844
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$355,504
Assessed improvement
$387,340
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Lot
0.04 ac (1,742 SF)
APN
031-160-013
UPID
US09-1805818
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
Lot
0.04 ac
Current owner
From public records · entity-resolved
Dire Wolf Holdings LLC
Entity
Mailing address
440 E ORTEGA ST, SANTA BARBARA, CA 93101-1635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Feb 8, 2024
$795,000
Dire Wolf Holdings LLC
440 E Ortega LLC
Grant Deed
$715,500 · Sunwest Bank
Aug 26, 2020
$325,000
440 E Ortega LLC
Survivors Isako N Trus
Grant Deed
—
Aug 26, 2020
—
Isako,nam Survivors Trust
Nam Family Trust
Quit Claim Deed
related
—
Aug 21, 2019
—
Nam Family Trust
Nam Family Trust
Quit Claim Deed
related
—
Feb 27, 2019
—
Nam Family Trust
Nam,frank H
Affidavit Of Death
related
—
Apr 1, 2016
$600,000
Nam Family Trust
Talley,steven
Grant Deed
—
Mar 22, 2016
$600,000
Steven E Talley
Trogan Karen H Trust
Grant Deed
$600,000 · Frank Nam
Nov 17, 2011
—
Trogan Karen H Trust
Hostettler,karen P
Grant Deed
related
—
Apr 17, 2007
—
Karen P Hostettler
Hostettler Family Trust
Quit Claim Deed
related
—
May 8, 1996
—
Hostettler Trust
Hostettler,bernhard G & Maria E
Quit Claim Deed
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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