New search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Apartment buildings
7500 Sombrilla Ave, Atascadero, CA 93422-4690
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0872821
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
2,944 SF
Lot
0.45 ac (19,760 SF)
Zoning code
MF10
APN
030-091-011
UPID
US09-0872821
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
$875k
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$865k
Owner & transaction history
Siligre Properties LLC · 10 yrs held
Siligre Properties LLC
since 2016
6 recorded transactions
Zoning & alternative use
MF10 · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+23.3%
Medical building
$1.2M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,090,000
Current use
AUTO REPAIR, GARAGE
$1,345,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$1,210,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,035,000
Change: -5% · Conversion: Moderate
RETAIL STORES
$1,015,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10%
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
$294 / 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
$14,085
Tax year 2024
Assessed value
$1,072,375
Assessed 2024
Previous assessed
$1,072,375
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$458,428
Assessed improvement
$613,947
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
1988
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Rooms
10
Bathrooms
5
Total area
2,944 SF
Lot
0.45 ac (19,760 SF)
Zoning code
MF10
APN
030-091-011
UPID
US09-0872821
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
MF10 · Atascadero, CA
Zoning MF10 · permitted uses
MF10 · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atascadero. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
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
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
10
Bathrooms
5
Lot
0.45 ac
Current owner
From public records · entity-resolved
Siligre Properties LLC
Entity
Mailing address
505 AVOCADO PL, CAMARILLO, CA 93010-8414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2016
$924,500
Siligre Properties LLC
Barbara A Elsea
Grant Deed
$605,000 · Jpmorgan Chase Bank NA
Jul 31, 2013
—
Sims,harold & Kathryn 2000 Trust
Sims,harold F
Quit Claim Deed
related
—
Dec 23, 2005
—
Harold F Sims
Harold F Sims
Intrafamily Transfer
related
$450,000 · Velocity Commercial Capital LLC
Aug 3, 2000
—
Sims Trust
Sims,harold F & Myra K
Quit Claim Deed
related
—
Aug 11, 1999
$599,500
Harold F Sims
Cruzat,charles B & Rhea
Grant Deed
$275,000 · Southern Pacific Bank
Jan 17, 1989
$60,000
C B Cruzat
Cruzat,d
Grant Deed
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.
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 7500 Sombrilla 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.
