Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,095,000
Assisted living facilities
541 V Ave National City, CA 91950-2828
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9645174
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Total area
34,046 SF
Lot
1.57 ac (68,389 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
557-072-03-00
UPID
US09-9645174
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
-
Castle Manor Nursing & Rehabilitation Center Nursing Home
-
AIREEN LUGUE GUTIERREZ Physician
-
Dr. Henry Richardson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.87M
Blend (final)
Blend
$7.10M
Owner & transaction history
Mrt Of Natl City Ca-snf II LLC · 11 yrs held
Mrt Of Natl City Ca-snf II LLC
since 2015
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$10,385,000
Current use
INDUSTRIAL (GENERAL)
$9,280,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,680,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$7.10M
Range $6.39M – $7.80M · ±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
$208 / 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
$144,241
Tax year 2024
Assessed value
$10,318,548
Assessed 2024
Previous assessed
$10,318,548
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$4,183,195
Assessed improvement
$6,135,353
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1987
Heating
NONE
Units
99
Total area
34,046 SF
Lot
1.57 ac (68,389 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
557-072-03-00
UPID
US09-9645174
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
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$10.4M
INDUSTRIAL (GENERAL)
Est. value
$9.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1987
Heating
NONE
Units
99
Lot
1.57 ac
Current owner
From public records · entity-resolved
Mrt Of Natl City Ca-snf II LLC
Entity
Mailing address
3100 W END AVE STE #1000, NASHVILLE, TN 37203-1387
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Apr 1, 2015
$16,750,000
Mrt Of Natl City Ca-snf II LLC
National City R/e II LLC
Grant Deed
—
Feb 1, 1999
$4,750,000
Ghc Of National City II LLC
Castle Manor INC
Grant Deed
$28,500,000 · Finova Capital Corp
Jan 29, 1998
—
Castle Manor INC Etal
Castle Manor INC Etal,
Quit Claim Deed
related
—
—
—
Castle Manor INC
—
Deed Of Trust
related
$2,700,000 · San Diego National Bank
—
—
Ghc Of National City II LLC
—
Deed Of Trust
related
$150,000,000 · Ing Capital LLC
—
—
National City R/e II LLC
—
Deed Of Trust
related
$150,000,000 · Ing Capital LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 541 V Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
