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Property profile & analytics
OFF-MARKET
Estimated value
$99,185,000
Apartment buildings
6721 El Colegio Rd Goleta, CA 93117-4243
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3104347
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
1.38 ac (60,112 SF)
APN
075-010-024
UPID
US10-3104347
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$99.19M
Owner & transaction history
Acquisition Vehicle LLC · 3 yrs held
Acquisition Vehicle LLC
since 2023
Last sale
$91.7M
7 recorded transactions
Zoning & alternative use
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 Goleta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goleta 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
$114,200,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$99.19M
Range $89.27M – $109.10M · ±10% · vs last sale $91.68M (Mar 16 2023)
Last sale anchor
$91.68M
Mar 16 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
—
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
$253,999
Tax year 2024
Assessed value
$20,956,018
Assessed 2024
Previous assessed
$20,956,018
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$9,197,340
Assessed improvement
$11,758,678
Applied tax rate
66.0000
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
Lot
1.38 ac (60,112 SF)
APN
075-010-024
UPID
US10-3104347
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.38 ac
Current owner
From public records · entity-resolved
Acquisition Vehicle LLC
Entity
Mailing address
1643 N MILWAUKEE AVE APT, CHICAGO, IL 60647-5400
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2023
$91,675,000
Acquisition Vehicle LLC
Essex Portfolio LP
Grant Deed
—
Jun 30, 2006
—
Essex Portfolio
Revx-409 INC
Grant Deed
—
Jan 9, 2006
—
Revx-409 INC
Rosenthal,catherine E H
Grant Deed
$30,215,000 · Essex Portfolio LP
Mar 30, 2000
—
Catherine E Rosenthal
Isla Vista 100
Grant Deed
$9,600,000 · California Federal Bank
May 6, 1998
—
Isla Vista 100
Goleta Cbs Ltd
Grant Deed
$1,489,154 · Goleta Cbc Ltd
Apr 28, 1994
$2,093,364
Goleta Cbc Limited
Bushnell,chester
Trustees Deed
—
Apr 26, 1990
—
Chester Bushnell
Bushnell,misty M
Quit Claim Deed
related
$1,300,000 · Santa Barbara Trust
—
—
Chester Bushnell
—
Deed Of Trust
related
$800,000 · Santa Barbara Bank
—
—
Chester Bushnell
—
Deed Of Trust
related
$2,380,000 · Coast Federal Bank
—
—
I V Investments LLC
—
Deed Of Trust
related
$5,625,000 · Washington Mutual Fsb
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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