Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Apartment buildings
638 El Cajon Blvd El Cajon, CA 92020-4312
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8798128
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1938
Total area
1,952 SF
Lot
0.12 ac (5,034 SF)
Zoning code
COMMERCIAL
APN
487-500-11-00
UPID
US09-8798128
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
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
638 El Cajon Blvd LLC · 2 yrs held
638 El Cajon Blvd LLC
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+219.2%
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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$1,760,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,760,000
Change: +219% · Conversion: Difficult
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $1.65M (Dec 22 2023)
Last sale anchor
$1.65M
Dec 22 2023
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
$856 / 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
$23,005
Tax year 2024
Assessed value
$1,650,000
Assessed 2024
Previous assessed
$1,650,000
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$650,000
Applied tax rate
3.0000
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
1938
Heating
NONE
Units
10
Total area
1,952 SF
Lot
0.12 ac (5,034 SF)
Zoning code
COMMERCIAL
APN
487-500-11-00
UPID
US09-8798128
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
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
1938
Heating
NONE
Units
10
Lot
0.12 ac
Current owner
From public records · entity-resolved
638 El Cajon Blvd LLC
Entity
Mailing address
327 EL CAJON BLVD, EL CAJON, CA 92020-4305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
638 El Cajon Blvd LLC
—
Deed
related
$1,150,000 · Western Alliance Bank
Dec 22, 2023
$1,650,000
638 El Cajon Blvd LLC
Anthem Real Estate Ventures INC
Grant Deed
$1,500,000 · The Loan Company Of San Diego
Jul 23, 2018
$780,000
Anthem R & E Ventures INC
Golden State Ventures LLC
Grant Deed
$619,500 · Kinecta FCU
Dec 10, 2015
$700,000
Golden State Ventures LLC
David E Cameron
Grant Deed
$420,000 · San Diego Private Bank
Sep 11, 2014
$500,000
David E Cameron
Markson Trust
Grant Deed
$400,000 · B&c Wuest INC Psp/tr (ct)
Dec 7, 2011
$352,856
Markson Trust
Stewart Default Services
Trustees Deed
related
—
Feb 27, 2004
$630,000
Joseph Tiscareno
Mansour,jawdet J & Rihab T
Grant Deed
$500,000 · Reed Trust
—
—
Jawdat T Mansour
—
Deed Of Trust
related
$150,000 · Union Bank
—
—
Jawdet T Mansour
—
Deed Of Trust
related
$30,000 · Joseph J & June Persekien
—
—
Jawdet T Mansour
—
Deed Of Trust
related
$50,000 · Joseph J & Jane Persekian
—
—
Jawdat T Mansour
—
Deed Of Trust
related
$75,000 · Saeed Trust
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 El Cajon Blvd?
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.
