Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Apartment buildings
638 12th St Imperial Beach, CA 91932-1704
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6842523
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
2,236 SF
Lot
0.18 ac (7,698 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
626-230-15-00
UPID
US09-6842523
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
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$960k
Owner & transaction history
Carla Santana Braudaway · 1 yrs held
Carla Santana Braudaway
since 2024
Last sale
$960,000
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · Imperial Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+49.3%
Retail stores
$940,000
+32.0%
Auto repair, garage
$855,000
+20.1%
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
$960,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$710,000
Current use
MEDICAL BUILDING
$1,060,000
Change: +49% · Conversion: Moderate
RETAIL STORES
$940,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$805,000
Change: +13% · Conversion: Moderate
WAREHOUSE, STORAGE
$635,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $960k (Sep 3 2024)
Last sale anchor
$960k
Sep 3 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
$429 / 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
$13,241
Tax year 2024
Assessed value
$1,029,309
Assessed 2024
Previous assessed
$1,029,309
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$729,094
Assessed improvement
$300,215
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
Year built
1977
Heating
NONE
Units
5
Bathrooms
5
Total area
2,236 SF
Lot
0.18 ac (7,698 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
626-230-15-00
UPID
US09-6842523
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
$710,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$805,000
WAREHOUSE, STORAGE
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
Year built
1977
Heating
NONE
Units
5
Bathrooms
5
Lot
0.18 ac
Current owner
From public records · entity-resolved
Carla Santana Braudaway
Individual
Mailing address
2162 LEON AVE, SAN DIEGO, CA 92154-3916
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
—
Carla Santana Braudaway
Carla Santana Braudaway
Intrafamily Transfer
related
$792,000 · Home Bank Of California
Sep 3, 2019
—
Santana-braudaway,c Sepa Trust
Braudaway,george
Quit Claim Deed
related
—
Aug 26, 2019
$960,000
George Braudaway
Krumweide R & M Trust
Grant Deed
$625,000 · Home Bk/ca
Jan 30, 2018
—
Krumweide,r & M Trust
Krumweide,robert J & Martha C
Quit Claim Deed
related
—
Apr 5, 2013
$510,000
Robert J Krumweide
Miller Living Trust
Grant Deed
related
—
Sep 11, 2009
—
Krumweide Martha Tr
Miller,marvin K
Affidavit Of Death
related
—
Nov 5, 1997
—
Marvin K Etal Miller
Miller,marvin K & Virginia E
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.
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 638 12th St?
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.
