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Property profile & analytics
OFF-MARKET
Estimated value
$2,670,000
Assisted living facilities
609 Elder St Fallbrook, CA 92028-3005
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9902212
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2004
Total area
50,170 SF
Lot
1.38 ac (60,112 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
105-341-35-00
UPID
US09-9902212
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
-
Regency Fallbrook Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.67M
Owner & transaction history
Cb Fallbrook LLC · 19 yrs held
Cb Fallbrook LLC
since 2006
6 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$53 / 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
$61,997
Tax year 2024
Assessed value
$5,794,949
Assessed 2024
Previous assessed
$5,794,949
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,207,278
Assessed improvement
$4,587,671
Applied tax rate
75.0000
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
2004
Heating
NONE
Units
60
Total area
50,170 SF
Lot
1.38 ac (60,112 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
105-341-35-00
UPID
US09-9902212
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Fallbrook, CA
Zoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Units
60
Lot
1.38 ac
Current owner
From public records · entity-resolved
Cb Fallbrook LLC
Entity
Mailing address
3326 160TH AVE SE STE #120, BELLEVUE, WA 98008-6418
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Jun 2, 2017
—
Cb Fallbrook LLC
—
Grant Deed
related
$9,000,000 · Walker & Dunlop
May 16, 2012
—
Cb Fallbrook LLC
—
Deed Of Trust
related
$5,800,000 · Wells Fargo Bank
Dec 11, 2006
—
Cb Fallbrook LLC
Regency At Fallbrook LLC
Quit Claim Deed
related
$5,800,000 · Wachovia Financial Services INC
Dec 31, 1990
$700,000
Fallbrook Partne
Josten Group
Grant Deed
$525,000 · Seller
—
—
Cb Fallbrook LLC
—
Deed Of Trust
related
$5,034,600 · Private Lender
—
—
Josten Group
—
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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