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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Office buildings
801 Lighthouse Ave Monterey, CA 93940-1046
Trust Owned
15-yr Hold
Free & Clear
Property ID
US09-0920781
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1956
Construction
WOOD
Total area
11,113 SF
Lot
0.55 ac (23,882 SF)
APN
001-074-006-000
UPID
US09-0920781
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
-
League of Women Voters of Monterey County Association Or Organization
-
Monterey County Film Commission Charitable Organization Social Service Agency
-
Sterling Property Management Property Management Company
-
Crossroads Counseling Counselor Consultant
-
Soria Contracting and Solutions Monterey - Restoration & Remediation Services Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.86M
Owner & transaction history
Outzen Carl M Trust · 15 yrs held
Outzen Carl M Trust
since 2011
7 recorded transactions
Zoning & alternative use
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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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%
$2,775,000
6.5%
$2,560,000
7%
$2,380,000
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±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
$167 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,948
Tax year 2023
Assessed value
$1,241,481
Assessed 2023
Previous assessed
$1,241,481
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$904,100
Assessed improvement
$337,381
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
11,113 SF
Lot
0.55 ac (23,882 SF)
APN
001-074-006-000
UPID
US09-0920781
Jurisdiction
MONTEREY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
7
Bathrooms
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Outzen Carl M Trust
Trust
Free & Clear · 15 yrs held
Mailing address
PO BOX 1915, MONTEREY, CA 93942-1915
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2011
—
Outzen Carl M Trust
Outzen,carl
Quit Claim Deed
related
—
Apr 16, 1999
—
Saul M Weingarten
Weingarten,miriam
Quit Claim Deed
related
—
Apr 16, 1999
$824,000
Outzen,carl
Weingarten,saul M
Trustees Deed
—
Oct 24, 1997
—
Saul M Weingarten
Weingarten,miriam
Quit Claim Deed
related
$726,773 · First National Bank Central Ca
Sep 29, 1997
$109,778
Saul M Weingarten
Mariposa Hall
Trustees Deed
—
Mar 6, 1992
$1,400,000
Hall In Mariposa
Thomas Trust
Grant Deed
$850,000 · First National Bank
Jun 1, 1990
$1,400,000
Lapham Thom Jean
Mcclure,raymond
Grant Deed
$1,050,000 · First National Bank Monterey
May 7, 1990
$34,500
Raymond Mcclure
Aeckerle,irene
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.
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