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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Apartment buildings
4780 Garfield St 82 La Mesa, CA 91941-5406
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-9986542
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
13,016 SF
Lot
1.83 ac (79,714 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
494-500-21-00
UPID
US09-9986542
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
$2.80M
CAP Approach
CAP
$3.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Scott Tolstad · 2 yrs held
Scott Tolstad
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · 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
Method
Estimation
Statistic approach
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
$3,605,000
6.5%
$3,325,000
7%
$3,090,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,250,000
Current use
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Jan 25 2024)
Last sale anchor
$2.80M
Jan 25 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
$215 / 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
$45,948
Tax year 2024
Assessed value
$3,433,319
Assessed 2024
Previous assessed
$3,433,319
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,488,812
Assessed improvement
$1,944,507
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
1970
Heating
NONE
Units
11
Bathrooms
21
Total area
13,016 SF
Lot
1.83 ac (79,714 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
494-500-21-00
UPID
US09-9986542
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · La Mesa, CA
Zoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Units
11
Bathrooms
21
Lot
1.83 ac
Current owner
From public records · entity-resolved
Scott Tolstad
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 897, VALLEY CENTER, CA 92082-0897
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2024
—
Scott Tolstad
Scott Tolstad
Intrafamily Transfer
related
—
Dec 22, 2023
—
Scott Tolstad
Scott Tolstad
Intrafamily Transfer
related
—
Oct 29, 2019
—
Boldrick,r & J Fam Trust
—
Deed
related
$572,000 · Yi-chiavatti Trust (pt)
Jul 18, 2005
$2,800,000
Boldrick Richard & Joyce Trust
Efren R Cota Ltd
Grant Deed
—
Mar 19, 2003
—
Efren R Cota Ltd
Garfield Associates Ltd
Grant Deed
$1,150,000 · First Federal Bank Ca
Feb 14, 1990
—
Assoc L Garfield
Garfield Assoc L
Quit Claim Deed
related
$630,000 · World Savings & Loan
—
—
Assoc L Garfield
—
Deed Of Trust
related
$95,000 · Buss Donald G
—
—
Boldrick,r & J Fam Trust
—
Deed Of Trust
related
$572,000 · Yi-chiavatti Trust (pt)
—
—
Garfield Assoc
—
Deed Of Trust
related
$265,000 · Individual
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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