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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Apartment buildings
702 Escalona Dr 1, Capitola, CA 95010-3460
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1723918
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
4,004 SF
Lot
0.09 ac (4,095 SF)
APN
036-141-06
UPID
US09-1723918
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
$945k
Owner & transaction history
Matson-laursen Family Trust · 6 yrs held
Matson-laursen Family Trust
since 2019
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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
$236 / 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
$12,449
Tax year 2024
Assessed value
$691,553
Assessed 2024
Previous assessed
$691,553
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$233,293
Assessed improvement
$458,260
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
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
1962
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Total area
4,004 SF
Lot
0.09 ac (4,095 SF)
APN
036-141-06
UPID
US09-1723918
Jurisdiction
SANTA CRUZ
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
Year built
1962
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Lot
0.09 ac
Current owner
From public records · entity-resolved
Matson-laursen Family Trust
Trust
Mailing address
702 ESCALONA DR, CAPITOLA, CA 95010-3460
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jul 23, 2019
—
Matson-laursen Family Trust
Laursen,linda M
Quit Claim Deed
related
—
Apr 24, 2019
—
Linda M Laursen
Matson Family Trust
Quit Claim Deed
—
Aug 11, 2010
—
Mary Matson
Matson,charles W
Affidavit Of Death
related
—
Jun 4, 2001
—
Matson Trust
Matson,charles W & Mary
Quit Claim Deed
related
—
Dec 13, 1993
$550,000
Charles W Matson
Fran,marshall &
Grant Deed
$375,000 · Home Savings Of America
Oct 31, 1990
$589,500
Whitmanfrank,ele
Starker,services
Trustees Deed
$264,000 · Bay View Federal Bank
Oct 31, 1990
$6,000
Frank,marshall
Carlson,trust
Trustees Deed
—
Oct 31, 1990
$297,500
Starker Services
Carlson,trust
Trustees Deed
related
—
—
—
Frank Marhsall
—
Deed Of Trust
related
$100,000 · Coast Commercial Bank
—
—
Eleanor W Frank
—
Deed Of Trust
related
$50,000 · Guglielmo Family G
—
—
Frank Marshall
—
Deed Of Trust
related
$142,000 · Redwood Mortgage Investment
—
—
Matson,tr
—
Deed Of Trust
related
$250,000 · 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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