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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Retail space
5464 Baltimore Dr La Mesa, CA 91942-2077
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9264689
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Lot
0.29 ac (12,553 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
464-271-77-00
UPID
US09-9264689
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
-
Covered California Certified Agent Insurance Agency
-
Lotus Beauty Esthetics Medical Clinic Skin Care Clinic
-
Moser Insurance Insurance Agency
-
Ray Bello - State Farm Insurance Agent Insurance Agency
-
Nacre Beauty Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Mcsj Holdings LLC · 1 yrs held
Mcsj Holdings LLC
since 2025
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · 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
$3,450,000
ML approach
$3,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $1.75M (Oct 24 2024)
Last sale anchor
$1.75M
Oct 24 2024
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
—
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
$5,366
Tax year 2024
Assessed value
$391,761
Assessed 2024
Previous assessed
$391,761
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$97,935
Assessed improvement
$293,826
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Heating
NONE
Units
1
Lot
0.29 ac (12,553 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
464-271-77-00
UPID
US09-9264689
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · La Mesa, CA
Zoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · 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.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mcsj Holdings LLC
Entity
Mailing address
8787 COMPLEX DR STE #420, SAN DIEGO, CA 92123-1453
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
$1,750,000
Mcsj Holdings LLC
Timken La Mesa LP
Grant Deed
$1,487,500 · Bank Of America NA
May 15, 2024
$3,450,000
Timken La Mesa LP
Leslie Welsh Blakely
Grant Deed
—
May 4, 2017
—
Welsh,robert J & B J 1995 Trust
—
Deed
related
$250,000 · California Bk&tr
Aug 28, 2009
—
Baltimore Wellesley LLC
Welsh R J & B J 1995 Trust
Quit Claim Deed
related
—
—
—
Welsh,robert J & B J 1995 Trust
—
Deed Of Trust
related
$250,000 · California Bk&tr
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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