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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Apartment buildings
7298 Santa Ysabel Ave 1 Atascadero, CA 93422-4587
Individually Owned
2-yr Hold
Absentee Owner
Property ID
US09-5396893
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD FRAME
Total area
1,666 SF
Lot
0.52 ac (22,627 SF)
Zoning code
MF20
APN
030-121-003
UPID
US09-5396893
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
$925k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Duncan L Osborne · 2 yrs held
Duncan L Osborne
since 2023
Last sale
$736,500
7 recorded transactions
Zoning & alternative use
MF20 · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+23.3%
Medical building
$685,000
+10.9%
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 Atascadero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atascadero 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
$825,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$615,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$685,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$585,000
Change: -5% · Conversion: Moderate
RETAIL STORES
$575,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $767k – $782k · vs last sale $737k (Nov 7 2023)
Last sale anchor
$737k
Nov 7 2023
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
$495 / 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
$32,233
Tax year 2024
Assessed value
$2,484,563
Assessed 2024
Previous assessed
$2,484,563
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$523,690
Assessed improvement
$1,960,873
Applied tax rate
7.0000
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
1960
Construction
WOOD FRAME
Heating
YES
Stories
1
Rooms
7
Bathrooms
2
Total area
1,666 SF
Lot
0.52 ac (22,627 SF)
Zoning code
MF20
APN
030-121-003
UPID
US09-5396893
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
MF20 · Atascadero, CAZoning MF20 · permitted uses
MF20 · Atascadero, CA
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$760,000
MEDICAL BUILDING
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$585,000
RETAIL STORES
Est. value
$575,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1960
Construction
WOOD FRAME
Heating
YES
Stories
1
Rooms
7
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Duncan L Osborne
Individual
Mailing address
3440 CLARK VLY RD, LOS OSOS, CA 93402-4600
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2023
—
Duncan L Osborne
Duncan L Osborne
Intrafamily Transfer
related
—
Apr 27, 2023
$736,500
Duncan L Osborne
John Ferguson
Grant Deed
$370,000 · John Ferguson Etux
Jun 14, 2021
—
John Ferguson
John Ferguson
Intrafamily Transfer
related
—
May 21, 2019
—
John Ferguson
Ferguson,gayelynn
Quit Claim Deed
related
—
May 21, 2019
$436,000
John Ferguson
Leibowitz Ronald Trust
Grant Deed
—
Sep 8, 2017
—
Leibowitz,ronald Trust
Leibowitz,ronald
Quit Claim Deed
related
—
Apr 13, 2012
$179,000
Ronald Leibowitz
Paritosh Patel
Grant Deed
$143,120 · Alliance Financial Resources LLC
Nov 21, 2005
—
Paritosh Patel
Patel,paritosh
Quit Claim Deed
related
—
Dec 9, 2004
$525,000
Paritosh Patel
Edmonds,gordon & Stacy
Grant Deed
$420,000 · Accredited Home Lenders
Dec 9, 2004
—
Paritosh Patel
Patel,sangita
Quit Claim Deed
related
—
Mar 8, 2002
$285,000
Gordon Edmonds
Denlinger,lloyd C & Ruth S
Grant Deed
—
—
—
Lloyd C Denlinger
—
Deed Of Trust
related
$107,000 · Home Savings Of America
—
—
Lloyd C Denlinger
—
Deed Of Trust
related
$25,000 · Individual
—
—
Lloyd Denlinger
—
Deed Of Trust
related
$55,000 · Hurst Financial
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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