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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
7871 University Ave La Mesa, CA 91942-0471
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9449836
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
3,086 SF
Lot
0.24 ac (10,499 SF)
Zoning code
COMMERCIAL
APN
470-381-16-00
UPID
US09-9449836
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
Current use
Occupant on record · Public records
-
Hau Tan, MD Physician
-
Hau Hien Tan Physician
-
Body as Designed Alternative Medicine Practice Spa & Massage Center
-
International Search Partners Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$745k
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$535k
Owner & transaction history
Hau H Tan · 7 yrs held
Hau H Tan
since 2019
7 recorded transactions
Zoning & alternative use
COMMERCIAL · La Mesa, 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 La Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Mesa 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%
$810,000
6.5%
$745,000
7%
$695,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$173 / 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
$12,038
Tax year 2024
Assessed value
$984,276
Assessed 2024
Previous assessed
$984,276
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$612,440
Assessed improvement
$371,836
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
NONE
Units
1
Total area
3,086 SF
Lot
0.24 ac (10,499 SF)
Zoning code
COMMERCIAL
APN
470-381-16-00
UPID
US09-9449836
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · La Mesa, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Mesa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Hau H Tan
Individual
Mailing address
14821 EDEN MLS PL, SAN DIEGO, CA 92131-4253
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2019
$900,000
Hau H Tan
7871 University Ave LLC
Grant Deed
$675,000 · Wells Fargo Bank NA
Aug 10, 2018
—
7871 University Ave LLC
Shoshani,laith
Quit Claim Deed
related
—
Jun 15, 2017
$800,000
Laith Shoshani
Too Pards LLC
Grant Deed
$600,000 · Carr Family Trust (pt)
Jun 4, 2007
$900,000
Too Pards LLC
Ruppert K & L Trust
Grant Deed
$459,000 · Zions First National Bank
Apr 26, 2007
—
Ruppert K & L Family Trust
Linda & Gail Investments LLC
Quit Claim Deed
related
—
Oct 27, 2005
$700,000
Linda & Gail Investments LLC
Gregory Shaughnessy
Grant Deed
$350,000 · Wells Fargo Bank NA
Mar 22, 2005
—
Shelley T Olander
Desalvo Of Olander Trust
Quit Claim Deed
related
—
Jun 30, 2003
—
Turlock Duplex
La Mesa Blvd Bldg
Quit Claim Deed
related
—
—
—
Too Pards LLC
—
Deed Of Trust
related
$379,000 · Cdc Small Business Finance Co
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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