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Property profile & analytics
OFF-MARKET
Estimated value
$4,530,000
Retail space
5083 Santa Monica Ave 91 San Diego, CA 92107-2883
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8912847
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Total area
16,772 SF
Lot
0.45 ac (19,433 SF)
Zoning code
COMMERCIAL
APN
448-092-35-00
UPID
US09-8912847
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
-
Blue Water Seafood Ocean Beach Restaurant
-
OB Surf Lodge Restaurant
-
Ocean Beach Dispensary Online (Bike/Boat/Book/etc) Store
-
Social Syndicate Advertising Agency Marketing & Advertising
-
iTHINKBIG Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.23M
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$4.53M
Owner & transaction history
Small Properties LLC · 23 yrs held
Small Properties LLC
since 2003
5 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%
$6,750,000
6.5%
$6,230,000
7%
$5,785,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,080,000
Change: -8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,740,000
Change: -12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,730,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$4.53M
Range $4.08M – $4.98M · ±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
$270 / 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
$58,840
Tax year 2024
Assessed value
$4,788,046
Assessed 2024
Previous assessed
$4,788,046
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,981,870
Assessed improvement
$1,806,176
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Heating
NONE
Units
1
Total area
16,772 SF
Lot
0.45 ac (19,433 SF)
Zoning code
COMMERCIAL
APN
448-092-35-00
UPID
US09-8912847
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
OFFICE BUILDING
Est. value
$7.1M
INDUSTRIAL (GENERAL)
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.7M
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1983
Heating
NONE
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Small Properties LLC
Entity
Mailing address
4960 NEWPORT AVE, SAN DIEGO, CA 92107-3113
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2018
—
Small Properties LLC
—
Deed
related
$3,500,000 · Homestreet Bank
Feb 28, 2003
$3,150,000
Small Properties LLC
Ryan,tr
Grant Deed
$2,205,000 · Landmark National Bank
Oct 25, 1999
$2,600,000
Gerard J Ryan
Piepenkotter Trust
Grant Deed
$400,000 · Security Trust Co
Aug 2, 1988
$2,600,000
Piepenkotter Hen
Buena Vista Suns
Trustees Deed
$1,800,000 · Glendale Federal Bank
—
—
Piepenkotter Hen
—
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.
Try Rey
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