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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Apartment buildings
612 7th St Imperial Beach, CA 91932-1350
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8841882
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Total area
3,292 SF
Lot
0.17 ac (7,414 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
626-070-56-00
UPID
US09-8841882
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
$900k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Carlos Vasquez · 1 yrs held
Carlos Vasquez
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Imperial Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+32.0%
Auto repair, garage
$1.3M
+20.1%
Office building
$1.2M
+13.4%
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 Imperial Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Imperial Beach 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,045,000
Current use
RETAIL STORES
$1,380,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,255,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$1,185,000
Change: +13% · Conversion: Moderate
WAREHOUSE, STORAGE
$935,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Sep 26 2024)
Last sale anchor
$900k
Sep 26 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
$273 / 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
$12,620
Tax year 2024
Assessed value
$984,279
Assessed 2024
Previous assessed
$984,279
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$656,186
Assessed improvement
$328,093
Applied tax rate
14.0000
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
5
Bathrooms
5
Total area
3,292 SF
Lot
0.17 ac (7,414 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
626-070-56-00
UPID
US09-8841882
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Imperial Beach, CA
Zoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · Imperial Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Imperial Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Heating
NONE
Units
5
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Carlos Vasquez
Individual
Mailing address
869 REEF DR, SAN DIEGO, CA 92154-1537
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
—
Carlos Vasquez
Sara Guerrero
Intrafamily Transfer
related
$1,250,000 · The Loan Company Of San Diego
Feb 10, 2021
—
La Nola Motel LP
Carlos Vasquezi
Quit Claim Deed
related
—
May 3, 2019
$900,000
Vasquez Family Trust
Harrison Harold L JR S Trust
Grant Deed
—
Jul 24, 2007
—
Harrison Harold L JR Trust
Harrison,harold L JR
Quit Claim Deed
related
—
Dec 31, 2001
$420,000
Harold L Harrison
Oldham,maxine L
Grant Deed
$273,000 · Hawthorne Savings Bank Fsb
Nov 22, 1999
—
Jernigan,oldham Trust
Oldham,maxine Jernigan & Lauranc
Quit Claim Deed
related
—
Dec 31, 1996
—
Maxine Jernigan Oldham
Oldham,maxine Jernigan
Quit Claim Deed
related
—
Dec 20, 1996
—
Maxine Jernigan Oldham
Oldham,maxine Jernigan
Quit Claim 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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