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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Apartment buildings
675 Commercial Ave El Centro, CA 92243-2472
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7750371
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
6,720 SF
Lot
0.38 ac (16,462 SF)
APN
053-036-003-000
UPID
US09-7750371
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
$755k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$765k
Owner & transaction history
Jesus Castillo · 4 yrs held
Jesus Castillo
since 2022
Last sale
$765,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$910,000
+126.8%
Office building
$760,000
+89.8%
Restaurant
$755,000
+87.8%
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 Centro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Centro 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
$690,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$910,000
Change: +127% · Conversion: Difficult
OFFICE BUILDING
$760,000
Change: +90% · Conversion: Moderate
RESTAURANT
$755,000
Change: +88% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $765k (May 31 2022)
Last sale anchor
$765k
May 31 2022
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
$114 / 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
$9,107
Tax year 2024
Assessed value
$795,906
Assessed 2024
Previous assessed
$795,906
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$156,060
Assessed improvement
$639,846
Applied tax rate
4.0000
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
1964
Heating
NONE
Units
10
Bathrooms
1
Total area
6,720 SF
Lot
0.38 ac (16,462 SF)
APN
053-036-003-000
UPID
US09-7750371
Jurisdiction
IMPERIAL
Zoning & alternative use
Zoning · permitted uses
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
RETAIL STORES
Est. value
$910,000
OFFICE BUILDING
Est. value
$760,000
RESTAURANT
Est. value
$755,000
RETAIL STORES
OFFICE BUILDING
RESTAURANT
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
1964
Heating
NONE
Units
10
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Jesus Castillo
Individual
Mailing address
729 W MAIN ST APT E, EL CENTRO, CA 92243-2921
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
$765,000
Jesus Castillo
Sand Castle Investments LLC
Grant Deed
—
Dec 20, 2006
—
Sand Castle Investments LLC
Holguin Family Trust
Grant Deed
—
Aug 29, 2002
—
Holguin,tr
Holguin,cesar & Emam D
Quit Claim Deed
related
$230,000 · Washington Mutual Fsb
Nov 17, 2000
$250,000
Jose F Fonseca
Bakhshi Baker,bruce & Soghra
Grant Deed
$137,500 · Seller
Oct 27, 1998
$115,000
Bruce B Baker
Washington Mutual Fsb
Grant Deed
—
Jun 9, 1998
$100,275
Washington Mutual Fsb
Rosas,jose L & Rosemary
Trustees Deed
related
—
Jan 21, 1998
$100,275
Washington Mutual Fsb
Rosas,jose L & Rosemary
Trustees Deed
related
—
—
—
Bruce B Baker
—
Deed Of Trust
related
$153,000 · Valley Independent Bank
—
—
Robert W Applegate
—
Deed Of Trust
related
$31,000 · Robert W
—
—
Holguin Trust
—
Deed Of Trust
related
$86,000 · Wood Trust
—
—
Holguin,tr
—
Deed Of Trust
related
$321,750 · Washington Mutual Fsb
—
—
Jose L Rosas
—
Deed Of Trust
related
$50,000 · 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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