Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Apartment buildings
679 Vly Ave 91 Solana Beach, CA 92075-2472
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8907893
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
16,168 SF
Lot
0.67 ac (29,115 SF)
Zoning code
COMMERCIAL
APN
298-164-28-00
UPID
US09-8907893
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
-
Solana Park Apartments Apartment Building
-
Solana Beach Taxi Cabs Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Carruth,dennis Living Trust · 6 yrs held
Carruth,dennis Living Trust
since 2020
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Solana Beach, CA
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 Solana Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solana 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$131 / 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
$43,832
Tax year 2024
Assessed value
$2,471,093
Assessed 2024
Previous assessed
$2,471,093
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,488,684
Assessed improvement
$982,409
Applied tax rate
18.0000
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
24
Total area
16,168 SF
Lot
0.67 ac (29,115 SF)
Zoning code
COMMERCIAL
APN
298-164-28-00
UPID
US09-8907893
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Solana Beach, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Solana Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 1
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Units
24
Lot
0.67 ac
Current owner
From public records · entity-resolved
Carruth,dennis Living Trust
Trust
Mailing address
7 N STONINGTON RD, LAGUNA BEACH, CA 92651-6757
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Feb 7, 2020
—
Carruth,dennis Living Trust
Dennis C Carruth
Quit Claim Deed
related
$757,703 · Bank Of America
Jul 1, 2019
—
Carruth Properties LLC
—
Deed
related
$850,000 · Jpmorgan Chase Bank NA
Sep 16, 2009
—
Dennis C Carruth
Carruth,lina S
Quit Claim Deed
related
—
Sep 16, 2009
$400,000
Dennis C Carruth
Carruth,adam C
Grant Deed
related
—
Apr 17, 2007
—
Carruth Dennis Trust
Carruth H & E Family Trust
Quit Claim Deed
related
—
Jan 20, 2004
—
Adam C Carruth
Carruth,tr
Quit Claim Deed
related
—
Jan 7, 2004
—
Adam C Carruth
Carruth,tr
Quit Claim Deed
related
—
Jun 6, 2002
—
Emily Carruth Properties LLC
Foster,luther B
Grant Deed
$1,050,000 · World Savings Bank
Oct 29, 1997
—
Emily A Etal Carruth
Carruth,emily A Etal
Quit Claim Deed
related
—
Oct 4, 1989
$1,400,000
Foster Luther B
Arpple INC
Trustees Deed
$775,000 · Home Savings Of America
Oct 4, 1989
$312,500
Carruth Trust 19
Arpple INC
Trustees Deed
related
—
Mar 11, 1988
—
Rapp
Rapp
Quit Claim Deed
related
$520,000 · International Bank
—
—
Carruth Properties LLC
—
Deed Of Trust
related
$1,365,000 · Greystone Servicing Corp
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 679 Vly Ave, Unit 91?
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.
