Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
702 7th Ave Escondido, CA 92025-4400
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-9340279
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1990
Total area
4,394 SF
Lot
0.37 ac (16,101 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
233-311-35-00
UPID
US09-9340279
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
by Request
Owner & transaction history
Hanson Family Trust
Hanson Family Trust
since 2025
Last sale
$129,000
7 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · Escondido, 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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
—
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
$15,465
Tax year 2024
Assessed value
$1,353,040
Assessed 2024
Previous assessed
$1,353,040
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$530,604
Assessed improvement
$822,436
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
1990
Heating
NONE
Units
6
Bathrooms
8
Total area
4,394 SF
Lot
0.37 ac (16,101 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
233-311-35-00
UPID
US09-9340279
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · Escondido, CA
Zoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Units
6
Bathrooms
8
Lot
0.37 ac
Current owner
From public records · entity-resolved
Hanson Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
11060 CAMINITO VIS PACIFICA, SAN DIEGO, CA 92131-2398
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 21, 2025
—
Hanson Family Trust
Richard T Hanson
Deed
related
—
Feb 24, 2023
$129,000
Courtney Hanson Klein
Richard T Hanson
Grant Deed
—
Nov 23, 2020
$1,275,000
Richard T Hanson
Novak K R & K A Trust
Grant Deed
—
Dec 30, 2015
—
Novak,keith R & Kayce A Trust
Stodelle Family Trust A
Quit Claim Deed
related
—
Apr 24, 2015
$940,000
Stodelle Family Trust A|stodelle Family Trust C
Dlr Ents LLC
Grant Deed
—
May 10, 2010
—
Dlr Enterprises LLC
Law Diane L 2004 Trust
Grant Deed
—
Aug 16, 2005
$1,050,000
Diane L Law
Melvin R Stokely
Grant Deed
$485,000 · Washington Mutual Bank
Jul 21, 2000
—
Stockely Trust
Rubin,john M & Bonnie S
Grant Deed
related
—
Aug 9, 1999
$380,000
Stokely Trust
Troxell,john M & Dane E
Grant Deed
$230,000 · Amrepco INC
May 25, 1989
$438,000
Troxell John M
Lewis Edwards Co
Grant Deed
$238,000 · International Savings Bank
Dec 15, 1988
—
Lewis Edwards Co
Lewis Owen H
Quit Claim Deed
related
—
Sep 9, 1988
$105,000
Owen H Lewis
Serrano Jorge
Grant Deed
—
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 702 7th Ave?
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.
