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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Apartment buildings
4851 Jessie Ave La Mesa, CA 91942-8626
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-9208207
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Total area
4,303 SF
Lot
0.27 ac (11,802 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
469-152-06-00
UPID
US09-9208207
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
-
Core Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$720k
Owner & transaction history
Ronald Jay Fischbeck · 1 yrs held
Ronald Jay Fischbeck
since 2025
Last sale
$637,000
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · 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
$865,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,195,000
Current use
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $637k (Feb 13 2025)
Last sale anchor
$637k
Feb 13 2025
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
$167 / 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
$11,001
Tax year 2024
Assessed value
$816,409
Assessed 2024
Previous assessed
$816,409
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$246,281
Assessed improvement
$570,128
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
1959
Heating
NONE
Units
6
Bathrooms
5
Total area
4,303 SF
Lot
0.27 ac (11,802 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
469-152-06-00
UPID
US09-9208207
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · La Mesa, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · 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
$1.2M
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
1959
Heating
NONE
Units
6
Bathrooms
5
Lot
0.27 ac
Current owner
From public records · entity-resolved
Ronald Jay Fischbeck
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 19488, SAN DIEGO, CA 92159-0488
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
Feb 13, 2025
—
Ronald Jay Fischbeck
Ronald J Fischbeck
Deed
related
—
Nov 26, 2024
—
Ronald J Fischbeck
—
Deed
related
$1,000,000 · Mission FCU
Sep 26, 2018
—
Ronald J Fischbeck
—
Deed
related
$750,000 · Malaga Bank Fsb
Aug 5, 2011
$637,000
Ronald J Fischbeck
Robert P Yarris
Grant Deed
$472,500 · Luther Burbank Savings
Nov 14, 2007
—
Robert P Yarris
Robert P Yarris
Intrafamily Transfer
related
$393,750 · Washington Mutual Bank
Jun 30, 2000
$320,000
Robert P Yarris
Fong,wallace Y
Grant Deed
$256,000 · Abn Amro Mortgage Group INC
Aug 30, 1994
$24,000
Wallace Y Fong
Fang,huan H
Grant Deed
—
—
—
Ronald J Fischbeck
—
Deed Of Trust
related
$625,000 · Financial Ptrs Cu
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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