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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Apartment buildings
4513 Palm Ave La Mesa, CA 91941-5541
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9159164
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2000
Total area
7,985 SF
Lot
0.25 ac (10,860 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
494-622-06-00
UPID
US09-9159164
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
-
ORO Garage Doo'r Repair- Garage Spring & Opener Service Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
4513 Palm Avenue LLC · 1 yrs held
4513 Palm Avenue LLC
since 2025
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · La Mesa, CA
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 La Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Mesa 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$142 / 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
$18,550
Tax year 2024
Assessed value
$1,435,005
Assessed 2024
Previous assessed
$1,435,005
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$669,071
Assessed improvement
$765,934
Applied tax rate
5.0000
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
2000
Heating
NONE
Units
8
Bathrooms
8
Total area
7,985 SF
Lot
0.25 ac (10,860 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
494-622-06-00
UPID
US09-9159164
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · La Mesa, CA
Zoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Mesa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
8
Bathrooms
8
Lot
0.25 ac
Current owner
From public records · entity-resolved
4513 Palm Avenue LLC
Entity
Mailing address
1953 POWELL DR, EL CAJON, CA 92020-1731
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jan 9, 2025
—
4513 Palm Avenue LLC
Barbara L Martin
Grant Deed
—
Feb 23, 2022
—
Dick W Martin
—
Deed
related
$1,440,000 · Jpmorgan Chase Bank NA
May 25, 2017
—
Dick W Martin
—
Deed
related
$950,000 · First Republic Bank
Jan 17, 2007
—
Martin Trust
Martin,dick W & Barbara L
Quit Claim Deed
related
—
Dec 21, 2006
—
Dick W Martin
Martin Trust
Quit Claim Deed
related
$515,000 · Fidelity Bancorp Funding INC
Sep 17, 2003
$1,029,500
Martin,tr
Duggan,tr
Grant Deed
$529,490 · World Savings Bank
—
—
Robert E Duggan
—
Deed Of Trust
related
$315,000 · Home Savings Of America
—
—
Martin Trust
—
Deed Of Trust
related
$535,000 · Union 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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