Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,590,000
Assisted living facilities
460 Eureka Cyn Rd Watsonville, CA 95076-0232
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1524749
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1977
Construction
WOOD
Total area
8,574 SF
Lot
11 ac (479,247 SF)
Zoning code
RA
APN
107-121-66
UPID
US09-1524749
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
-
De un Amor Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.59M
Owner & transaction history
Kai Watsonville INC · 4 yrs held
Kai Watsonville INC
since 2022
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
RA · Watsonville, 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 Watsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watsonville 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
$6,510,000
ML approach
$5,945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.59M
Range $5.93M – $7.25M · ±10% · vs last sale $6.95M (Apr 4 2022)
Last sale anchor
$6.95M
Apr 4 2022
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
$769 / 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
$26,545
Tax year 2024
Assessed value
$1,605,619
Assessed 2024
Previous assessed
$1,605,619
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$383,367
Assessed improvement
$1,222,252
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
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
GEO-THERMAL
Cooling
AC.FAN COOLING
Units
1
Rooms
17
Bathrooms
11
Total area
8,574 SF
Lot
11 ac (479,247 SF)
Zoning code
RA
APN
107-121-66
UPID
US09-1524749
Jurisdiction
SANTA CRUZ
Zoning & alternative use
RA · Watsonville, CA
Zoning RA · permitted uses
RA · Watsonville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watsonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
GEO-THERMAL
Cooling
Yes
Units
1
Rooms
17
Bathrooms
11
Lot
11 ac
Current owner
From public records · entity-resolved
Kai Watsonville INC
Entity
Mailing address
3523 TOOMEY PL, SANTA CLARA, CA 95051-1558
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 9, 2024
—
Kai Watsonville INC
—
Deed
related
$2,189,000 · Capital Access Group INC
Apr 4, 2022
$6,950,000
Kai Watsonville INC
Trygve Thorensen
Grant Deed
$3,548,000 · Santa Cruz County Bank
Sep 14, 2012
—
Trygve Thorensen
—
Trustees Deed
related
$2,000,000 · Santa Cruz County Bank
Oct 27, 2005
—
Trygve Thorensen
—
Trustees Deed
related
$1,800,074 · Santa Cruz County Bank
Aug 25, 1995
$543,000
Trygve Thorensen
Wheeher Trust
Grant Deed
$407,250 · Coast Federal Bank
—
—
Trygve Thorensen
—
Deed Of Trust
related
$146,407 · Santa Cruz County Bank
—
—
Trygve Thorensen
—
Deed Of Trust
related
$605,000 · Pacific National Bank
—
—
Trygve Thorensen
—
Deed Of Trust
related
$80,000 · Santa Cruz County Bank
—
—
Trygve Thorensen
—
Deed Of Trust
related
$700,000 · Santa Cruz County Bank
—
—
Trygve Thorensen
—
Deed Of Trust
related
$682,500 · Long Beach Mortgage Co
—
—
Trygve Thorensen
—
Deed Of Trust
related
$63,000 · Mccreery Trust
—
—
Trygve Thorensen
—
Deed Of Trust
related
$55,000 · Mccreery Trust
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 460 Eureka Cyn Rd?
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.
