Back to Search
Property profile & analytics
OFF-MARKET
Day care centers
4515 Hollister Ave Santa Barbara, CA 93110-1709
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0114235
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1920
Total area
1,426 SF
Lot
0.22 ac (9,583 SF)
APN
061-070-050
UPID
US09-0114235
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
4515 & 4519 Hollister Ave LLC · 11 yrs held
4515 & 4519 Hollister Ave LLC
since 2015
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$9,292
Tax year 2024
Assessed value
$795,333
Assessed 2024
Previous assessed
$795,333
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$589,138
Assessed improvement
$206,195
Applied tax rate
69.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1920
Heating
NONE
Bathrooms
1
Total area
1,426 SF
Lot
0.22 ac (9,583 SF)
APN
061-070-050
UPID
US09-0114235
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
Year built
1920
Heating
NONE
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
4515 & 4519 Hollister Ave LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1706 LASUEN RD, SANTA BARBARA, CA 93103-1820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2015
—
4515 & 4519 Hollister Ave LLC
Desai Family Trust
Quit Claim Deed
—
May 15, 2015
$2,125,000
Desai Family Trust
Hollister Group Properties LLC
Grant Deed
—
Jun 10, 2008
—
Hollister Group Properties LLC
Cotnoir,norman H & Daurice
Grant Deed
$1,330,000 · First Bank
Aug 26, 2004
—
Norman Cotnoir
Owner,record
Grant Deed
related
—
Jun 30, 2004
—
George Gibson
Gtibson,marcia
Grant Deed
$1,250,000 · Affinity Bank
May 23, 2002
—
Marilynn Jorgensen
Jorgensen,marilyn
Quit Claim Deed
related
$750,000 · Goleta National Bank
Oct 16, 1998
$470,000
Marilynn Jorgensen
Forest Foundation
Grant Deed
$335,000 · Goleta National Bank
Nov 5, 1997
—
Forest Foundation
Squire,ari
Trustees Deed
related
—
Aug 6, 1996
$232,500
Family Discoveries LLC
Sevilla,r J
Grant Deed
—
—
—
R Joseph Sevilla
—
Deed Of Trust
related
$100,000 · Monument Mortgage INC
—
—
R J Sevilla
—
Deed Of Trust
related
$93,000 · Lee & Jackson Financial
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4515 Hollister Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
