736 Ctr Dr, San Marcos, CA 92069-3582
- Apartment buildings
- 91,354 SF
- 2.66 lot acres
Current Use by Public Records
- Apartment San Marcos / Apartment Building
- Blue World Web / Marketing & Advertising
Property Details for 736 Ctr Dr
- Year built
- 2001
- Lot size
- 2.66 lot acres
- Zone code
- COMMERCIAL
- Property type
- Apartment buildings
- APN
- 226-111-26-00
- APU
- 2261112600
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 14, 2020 | $34,400,000 | Gs Aa San Marcos Owner LLC | Crp-grep Vallecitos Owner LLC | Grant Deed | $40.3M · Cbre Multifamily Cap |
| Jan 26, 2017 | $19,000,000 | Crp-grep Vallecitos Owner LLC | Hacienda Vallecitos LP | Grant Deed | $31M · Walker & Dunlop |
| Dec 12, 2011 | — | Hacienda Vallecitos LP | Dale Scott Trust | Grant Deed | $8.6M · Wells Fargo Bank NA |
| Jun 23, 2004 | $12,500,000 | Cumberland Club Apt LP | Ricardo Center Properties LLC | Grant Deed | $7.2M · Wachovia Multifamily Capital |
| Oct 27, 1998 | — | Ricardo Center Properties | Nordahl Ventures I | Grant Deed | $1.6M · Seller |
| Jun 24, 1988 | — | Nordahl Ventures | Vallecitos Aland | Trustees Deed · related | — |
| — | — | Casa Vallecitos | — | Deed Of Trust · related | $50k · Norhdahl Ventures I |
| — | — | Casa Vallecitos | — | Deed Of Trust · related | $50k · Norhdahl Ventures I |
| — | — | Nordahl Ventures | — | Deed Of Trust · related | $875k · California First Bank |
| — | — | Gdsm INC | — | Deed Of Trust · related | $50k · Norhdahl Ventures I |
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $43,145,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $25,300,000
- 6.5%
- $23,350,000
- 7%
- $21,685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $44,739,000
Market price range: $14.1M - $44.7M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $28,760,000 Current use
- RESTAURANT
- $59,900,000 Change: +108% Conversion: Difficult
- MEDICAL BUILDING
- $43,355,000 Change: +51% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $34,875,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $27,740,000 Change: -4% Conversion: Difficult
- WAREHOUSE, STORAGE
- $25,885,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- San Marcos
- County
- San Diego
- State
- California
- Longitude
- -117.122
- Latitude
- 33.1369
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA