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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Apartment buildings
642 Mollison Ave El Cajon, CA 92020-6634
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6772560
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
25,442 SF
Lot
1.14 ac (49,658 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
493-101-38-00
UPID
US09-6772560
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
-
Webpage Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
642 S Mollison Avenue LLC · 16 yrs held
642 S Mollison Avenue LLC
since 2010
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · El Cajon, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$96 / 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
$54,163
Tax year 2024
Assessed value
$2,892,953
Assessed 2024
Previous assessed
$2,892,953
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$1,366,749
Assessed improvement
$1,526,204
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
1977
Heating
NONE
Units
27
Bathrooms
40
Total area
25,442 SF
Lot
1.14 ac (49,658 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
493-101-38-00
UPID
US09-6772560
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · El Cajon, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · 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.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Units
27
Bathrooms
40
Lot
1.14 ac
Current owner
From public records · entity-resolved
642 S Mollison Avenue LLC
Entity
Free & Clear · 16 yrs held
Mailing address
8909 KENAMAR DR STE #101, SAN DIEGO, CA 92121-3439
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2018
—
642 S Mollison Avenue LLC
—
Deed
related
$3,500,000 · Northmarq Cap Fin
Apr 14, 2010
$62,000
642 S Mollison Avenue LLC
Jacoba Mollison LLC
Grant Deed
—
Aug 7, 2007
—
Jacoba Mollison LLC
—
Trustees Deed
related
$5,940,000 · Alliance Bank
May 24, 2005
—
San Diego Properties LLC
Speckman,david L
Grant Deed
—
May 24, 2005
$3,925,000
Jacoba Mollison LLC
San Diego Properties LLC
Grant Deed
$2,932,500 · Vineyard Bank
Aug 10, 2004
—
David L Speckman
Speckman,karol S
Quit Claim Deed
related
—
Aug 10, 2004
$3,565,000
San Diego Properties LLC
Johnson,rodney A
Grant Deed
$2,384,800 · Pacific Premier Bank
Mar 28, 2003
$2,450,000
Rodney A Johnson & Associates
642 South Mollison Partnership
Grant Deed
$1,675,000 · Commercial Bank
Sep 11, 1997
$1,060,000
642 South Mollison Ptshp
Sharon,adam
Grant Deed
$735,000 · Home Savings Of America
Mar 26, 1997
$990,607
Adam Sharon
Mollison Ltd
Trustees Deed
—
—
—
642 S Mollison Avenue LLC
—
Deed Of Trust
related
$3,500,000 · Northmarq Cap Fin
—
—
Mollison Ltd
—
Deed Of Trust
related
$971,900 · Fidelity Federal Bank
—
—
642 S Mollison Avenue LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of The West
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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