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Property profile & analytics
OFF-MARKET
Estimated value
$10,875,000
Apartment buildings
705 Ash Ln San Marcos, CA 92069-6853
Entity Owned
31-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9974046
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1991
Total area
94,980 SF
Lot
8.18 ac (356,320 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
218-160-71-00
UPID
US09-9974046
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
$10.88M
Owner & transaction history
Euston Development Corp · 31 yrs held
Euston Development Corp
since 1995
7 recorded transactions
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · San Marcos, 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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
$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
$106,612
Tax year 2024
Assessed value
$9,584,333
Assessed 2024
Previous assessed
$9,584,333
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,161,836
Assessed improvement
$6,422,497
Applied tax rate
13.0000
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
1991
Heating
NONE
Units
120
Total area
94,980 SF
Lot
8.18 ac (356,320 SF)
Zoning code
R-4:MULTIPLE RESIDENTIAL
APN
218-160-71-00
UPID
US09-9974046
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-4:MULTIPLE RESIDENTIAL · San Marcos, CA
Zoning R-4:MULTIPLE RESIDENTIAL · permitted uses
R-4:MULTIPLE RESIDENTIAL · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Units
120
Lot
8.18 ac
Current owner
From public records · entity-resolved
Euston Development Corp
Entity
Free & Clear · 31 yrs held
Mailing address
910 CAMINO DEL MAR A STE A, DEL MAR, CA 92014-2800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
—
Euston Development Corporation
—
Deed
related
$60,000,000 · Land Bank Of Taiwan
Jan 10, 2020
—
Euston Dev Corp
—
Deed
related
$60,000,000 · Land Bk/taiwan
Jan 30, 2015
—
Euston Dev Corp
—
Loan Modification
related
$45,000,000 · Land Bk/taiwan
Apr 28, 2010
—
Euston Dev Corp
—
Deed Of Trust
related
$29,500,000 · Land Bank Of Taiwan
Dec 10, 2001
—
Euston Development Corp
—
Deed Of Trust
related
$19,000,000 · Wells Fargo Bank
Apr 7, 1995
$7,554,000
Euston Development Corp
Woodward LP
Grant Deed
related
—
Dec 16, 1994
$59,000
Hans J Hermann
Woodward LP
Grant Deed
—
Dec 29, 1992
$8,319,141
Gap Portfolio Partners
—
Grant Deed
related
—
—
—
Euston Dev Corp
—
Loan Modification
related
$60,000,000 · Land Bk/taiwan
—
—
Euston Development Corp
—
Deed Of Trust
related
$9,180,000 · General Bank
—
—
Woodward LP
—
Deed Of Trust
related
—
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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