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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Apartment buildings
465 Pismo St San Luis Obispo, CA 93401-3872
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3196071
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
WOOD
Total area
2,792 SF
Lot
0.43 ac (18,750 SF)
Zoning code
R3
APN
003-613-023
UPID
US10-3196071
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
$645k
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$725k
Owner & transaction history
Wfhl LLC · 5 yrs held
Wfhl LLC
since 2021
7 recorded transactions
Zoning & alternative use
R3 · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
$645,000
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$830,000
7%
$770,000
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$260 / 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
$33,820
Tax year 2024
Assessed value
$3,012,652
Assessed 2024
Previous assessed
$3,012,652
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,494,145
Assessed improvement
$1,518,507
Applied tax rate
3.0000
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
Construction
WOOD
Heating
NONE
Rooms
10
Bathrooms
3
Total area
2,792 SF
Lot
0.43 ac (18,750 SF)
Zoning code
R3
APN
003-613-023
UPID
US10-3196071
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
R3 · San Luis Obispo, CA
Zoning R3 · permitted uses
R3 · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD
Heating
NONE
Rooms
10
Bathrooms
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Wfhl LLC
Entity
Mailing address
1625 LACEY LN, NIPOMO, CA 93444-8899
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 1, 2021
—
Wfhl LLC
Kenneth K Wong
Grant Deed
$1,000,000 · Orix Real Estate Capital LLC
Jul 22, 2019
—
Huang Family Trust
Huang,zhao Q & Jing J
Quit Claim Deed
related
—
Feb 19, 2014
—
Zhao Q Huang
Wong Family Trust
Quit Claim Deed
related
—
Nov 21, 2005
—
Wong Family Trust
Wong,kenneth K & Esther M
Quit Claim Deed
related
—
Jun 18, 2004
—
Wong,tr
Wong,kenneth K & Esther M
Quit Claim Deed
related
—
Jun 15, 2004
$2,235,000
Kenneth K Wong
Lindstrom,tr
Grant Deed
$1,235,000 · Bank Of The Orient
Sep 24, 2003
—
Matthew Q Hainline
Hainline,randee D
Quit Claim Deed
related
$670,000 · Sesloc FCU
—
—
Linda L Hainline
—
Deed Of Trust
related
$65,000 · Individual
—
—
Linda L Hainline
—
Deed Of Trust
related
$200,000 · National Bank Southern Ca
—
—
Wong Family Trust
—
Deed Of Trust
related
$1,050,000 · Fremont Bank
—
—
Linda L Hainline
—
Deed Of Trust
related
$200,000 · National Bank Southern Ca
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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