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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Hotels
631 2nd St 37 National City, CA 91950-1312
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7156914
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2012
Total area
4,046 SF
Lot
0.34 ac (14,831 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
556-062-11-00
UPID
US09-7156914
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
$1.28M
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.28M
Owner & transaction history
Ruben Gutierrez · 2 yrs held
Ruben Gutierrez
since 2024
Last sale
$1.3M
7 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
$1,275,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$950,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,920,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10% · vs last sale $1.28M (Mar 26 2024)
Last sale anchor
$1.28M
Mar 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
$315 / 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
$17,988
Tax year 2024
Assessed value
$937,032
Assessed 2024
Previous assessed
$937,032
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$557,758
Assessed improvement
$379,274
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2012
Heating
NONE
Units
15
Total area
4,046 SF
Lot
0.34 ac (14,831 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
556-062-11-00
UPID
US09-7156914
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
MEDICAL BUILDING
Est. value
$1.9M
MEDICAL BUILDING
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
2012
Heating
NONE
Units
15
Lot
0.34 ac
Current owner
From public records · entity-resolved
Ruben Gutierrez
Individual
Mailing address
3549 VAN DYKE AVE, SAN DIEGO, CA 92105-3409
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2024
$1,275,000
Ruben Gutierrez
Anthem Real Estate Ventures INC
Grant Deed
$828,750 · Las Troyanas LLC
Sep 12, 2017
$840,000
Anthem R & E Ventures INC
631-637 E 2nd St Trust
Grant Deed
$588,000 · Kinecta FCU
May 15, 2015
—
631-637 E 2nd St Trust
Drawdy Susan Trust
Quit Claim Deed
related
—
Oct 31, 2014
$729,500
Drawdy,susan Trust
Van Houten,ida
Grant Deed
$504,200 · Ida Van Houten
May 14, 2012
$7,500
Ida Van Houten
California Land Trust
Grant Deed
—
Mar 6, 2012
—
California Land Trust
Vanhouten,ida
Grant Deed
—
Jan 23, 2012
—
Vanhouten,ida
Vanhouten,jay
Quit Claim Deed
related
—
Dec 29, 2011
$350,000
California Land Trust
Mulligan,phillip
Grant Deed
—
Aug 3, 2010
—
Tucker Sybil A Living Trust
Tucker,ailene S
Affidavit Of Death
related
—
Jul 30, 2010
—
Tucker Sybil A Living Trust
Tucker S A Living Trust
Quit Claim Deed
related
$56,000 · Jacek Nowakowski
Nov 20, 2006
—
Tucker Sybil A Living Trust
Tucker,sybil A
Quit Claim Deed
related
—
Nov 15, 1994
—
Phillip Mulligan
Mulligan,lynda
Quit Claim Deed
related
—
Nov 15, 1994
$1,000
Phillip Mulligan
Tucker,sybil A
Grant Deed
related
—
Oct 1, 1993
$43,000
Sybil A Tucker
Tucker,sybil A
Grant Deed
related
$50,000 · Clifford Trust
—
—
Anthem R & E Ventures INC
—
Deed Of Trust
related
$450,000 · Fidelis Private Fund LP
—
—
Phillip Mulligan
—
Deed Of Trust
related
$170,000 · Mcgowan Elizabeth S Trust
—
—
Sybil A Tucker
—
Deed Of Trust
related
$17,000 · Individual
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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