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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Apartment buildings
7560 Nn Ave Lemon Grove, CA 91945-1601
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7190520
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Total area
5,478 SF
Lot
0.28 ac (12,051 SF)
Zoning code
COMMERCIAL
APN
480-021-76-00
UPID
US09-7190520
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
$1.91M
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Anthem R & E Ventures INC · 6 yrs held
Anthem R & E Ventures INC
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.6M
+50.8%
Auto repair, garage
$2.1M
+21.3%
Office building
$2.0M
+14.5%
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 Lemon Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lemon Grove 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
$1,915,000
ML approach
$1,910,000
CAP Approach
CAP Return
Estimation
6%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,725,000
Current use
MEDICAL BUILDING
$2,600,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,090,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,975,000
Change: +15% · Conversion: Moderate
RETAIL STORES
$1,835,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.53M (Apr 20 2020)
Last sale anchor
$1.53M
Apr 20 2020
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
$302 / 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
$26,327
Tax year 2024
Assessed value
$1,637,785
Assessed 2024
Previous assessed
$1,637,785
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$643,856
Assessed improvement
$993,929
Applied tax rate
15.0000
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
1959
Heating
NONE
Units
11
Bathrooms
11
Total area
5,478 SF
Lot
0.28 ac (12,051 SF)
Zoning code
COMMERCIAL
APN
480-021-76-00
UPID
US09-7190520
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Lemon Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lemon Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1959
Heating
NONE
Units
11
Bathrooms
11
Lot
0.28 ac
Current owner
From public records · entity-resolved
Anthem R & E Ventures INC
Entity
Mailing address
1531 LORING ST, SAN DIEGO, CA 92109-1328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Anthem Real Estate Ventures INC
—
Deed
related
$1,505,000 · Liberty Bank NA
Mar 1, 2021
—
Anthem Real Estate Ventures INC
—
Deed
related
$1,625,000 · Silvergate Bank
Nov 18, 2020
—
Anthem R & E Ventures INC
—
Deed
related
$450,000 · Kaizad Najmi
Apr 20, 2020
$1,527,500
Anthem R & E Ventures INC
J & J North LLC
Grant Deed
$827,500 · J & J North LLC
Dec 11, 2017
—
J&j North LLC
—
Deed
related
$800,000 · San Diego Private Bank
Jan 26, 2017
$1,140,000
J & J North LLC
Kwan Acacia LLC
Grant Deed
$500,000 · Loan /san Diego
Dec 10, 2013
$875,000
Kwan Acacia LLC
Barcenas,alfonso
Grant Deed
$669,000 · One United Bank
Oct 17, 2005
$895,000
Alfonso Barcenas
Baig,afshan
Grant Deed
$537,000 · Home Bank Of California
Oct 17, 2005
—
Alfonso Barcenas
Barcenas,teresa
Quit Claim Deed
related
—
Feb 13, 2004
$720,000
Afshan Baig
Sarkisian,james S & Judi W
Grant Deed
$504,000 · Pacific Premier Bank
Aug 30, 2001
$499,000
James S Sarkisian
Stuckry,william M
Grant Deed
$380,000 · San Diego County Cu
Oct 26, 2000
$340,000
William N Stuckey
Reynaud,michael
Grant Deed
—
Sep 17, 1996
—
Michael Reynaud
Reynaud,mayde L
Quit Claim Deed
related
—
Jul 16, 1996
$310,000
Michel Reynaud
Ayyad,william G
Grant Deed
$178,750 · Money Store INC
Oct 30, 1995
$155,000
William G Ayyad
First Fidelity Thrift & Loan
Grant Deed
$160,000 · Plesset Trust
Mar 8, 1995
$213,000
Fidelity Thrift First
Aspiras,rudy V & Aida D
Trustees Deed
related
—
Jan 20, 1994
—
Larhonda R Howard
Aspiras,rudy V &
Grant Deed
related
—
Nov 9, 1990
$243,000
Aspiras Rudy V &
Key Eloise E
Trustees Deed
$300,000 · Individual
Mar 30, 1990
$82,000
Eloise E Key
Gme Properties
Grant Deed
$82,000 · Tworoger John M
—
—
Michel Reynaud
—
Deed Of Trust
related
$60,000 · Clark Allenbach
—
—
Alfonso Barcenas
—
Deed Of Trust
related
$575,000 · Greenpoint Mortgage Funding
—
—
Aspiras Rudy V
—
Deed Of Trust
related
—
—
—
Anthem R & E Ventures INC
—
Deed Of Trust
related
$450,000 · Kaizad Najmi
—
—
William G Ayyad
—
Deed Of Trust
related
$100,000 · The Loan Co
—
—
Aspiras Rudy V
—
Deed Of Trust
related
$235,000 · First Fidelity Thrift & Loan
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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