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Property profile & analytics
OFF-MARKET
Apartment buildings
512 V Ave 20 National City, CA 91950-2829
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9637381
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
1.3 ac (56,628 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
557-140-40-00
UPID
US09-9637381
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gerwend LLC · 3 yrs held
Gerwend LLC
since 2022
6 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · National City, 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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,706
Tax year 2024
Assessed value
$3,183,625
Assessed 2024
Previous assessed
$3,183,625
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$306,137
Assessed improvement
$2,877,488
Applied tax rate
6.0000
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
Heating
NONE
Units
26
Lot
1.3 ac (56,628 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
557-140-40-00
UPID
US09-9637381
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · National City, CAZoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
26
Lot
1.3 ac
Current owner
From public records · entity-resolved
Gerwend LLC
Entity
Mailing address
660 S V AVE, NATIONAL CITY, CA 91950-2831
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
—
Gerwend LLC
Florentino Pizarro
Quit Claim Deed
related
—
Oct 30, 2019
—
Florentino Pizarro
—
Loan Modification
related
$3,750,000 · Pacific Premier Bk
Mar 7, 2017
—
Florentino Pizarro
—
Grant Deed
related
$3,150,000 · Bofi Fed'l Bk
Sep 19, 2013
—
Florentino Pizarro
Gerwend LLC
Grant Deed
$1,800,000 · Bofi Federal Bank
Nov 18, 2010
—
Florentino D Pizarro
Pizarro Florentino D
Quit Claim Deed
related
$1,620,000 · Bank Of Internet USA
Nov 9, 2010
—
Wendger INC
Pizarro,florentino D
Grant Deed
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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