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Property profile & analytics
OFF-MARKET
Estimated value
$2,105,000
Apartment buildings
4855 Ariva Way San Diego, CA 92123-2164
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6828440
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2014
Total area
9,999 SF
Lot
1.82 ac (79,279 SF)
Zoning code
COMMERCIAL
APN
369-220-96-00
UPID
US09-6828440
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
-
AEU Photography Photography Service (Bike/Boat/Book/etc) Store
-
Ariva at The Vive Collection Real Estate Agency
-
Soccer Brain ETP Sports School
-
Centrum Dog Park Park Dog Park
-
Money Mouth Entertainment, LLC. Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.11M
Owner & transaction history
Sunroad Gp INC · 14 yrs held
Sunroad Gp INC
since 2012
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,755,000
6.5%
$2,545,000
7%
$2,360,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,330,000
Current use
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±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
$211 / 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
$463,782
Tax year 2024
Assessed value
$37,746,311
Assessed 2024
Previous assessed
$37,746,311
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,358,067
Assessed improvement
$34,388,244
Applied tax rate
8.0000
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
2014
Heating
NONE
Units
126
Total area
9,999 SF
Lot
1.82 ac (79,279 SF)
Zoning code
COMMERCIAL
APN
369-220-96-00
UPID
US09-6828440
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. 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
2014
Heating
NONE
Units
126
Lot
1.82 ac
Current owner
From public records · entity-resolved
Sunroad Gp INC
Entity
Mailing address
4445 EASTGATE MALL STE #400, SAN DIEGO, CA 92121-1979
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Aug 26, 2024
—
Sunroad Centrum Apartments 23 LP
—
Deed
related
$2,748,000 · Jll Real Estate Capital LLC
Mar 20, 2023
—
Sunroad Centrum Apartments 23 L P
—
Deed
related
$7,168,000 · Jll Real Estate Capital LLC
Feb 16, 2022
—
Sunroad Centrum Apartments 23 LP
—
Deed
related
$4,031,000 · Jll Real Estate Capital LLC
Jul 2, 2019
—
Sunroad Centrum Apts 23 LP
—
Grant Deed
related
$61,638,000 · Holliday Fenoglio Fowler
Aug 27, 2012
—
Sunroad Centrum Apartments 23
—
Trustees Deed
related
—
Jul 18, 2012
—
Sunroad Gp INC
Sunroad Centrum Partners LP
Quit Claim Deed
—
—
—
Sunroad Centrum Partners LP
—
Deed Of Trust
related
—
—
—
Sunroad Centrum Partners LP
—
Deed Of Trust
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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