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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Apartment buildings
8230 Lemon Grv Way, Lemon Grove, CA 91945-1956
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9587629
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Total area
16,776 SF
Lot
0.63 ac (27,442 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
499-181-08-00
UPID
US09-9587629
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Mark Talbot
Mark Talbot
since 2025
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Lemon Grove, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$152 / 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
$44,733
Tax year 2024
Assessed value
$2,674,055
Assessed 2024
Previous assessed
$2,674,055
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,081,640
Assessed improvement
$1,592,415
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
1978
Heating
NONE
Units
19
Total area
16,776 SF
Lot
0.63 ac (27,442 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
499-181-08-00
UPID
US09-9587629
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Lemon Grove, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · 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.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Units
19
Lot
0.63 ac
Current owner
From public records · entity-resolved
Mark Talbot
Individual
Mailing address
7070 CAMINITO LA BENERA, LA JOLLA, CA 92037-5715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Mark Talbot
Lemon Tree On Lincoln LLC
Grant Deed
$3,060,000 · Jpmorgan Chase Bank NA
Oct 22, 2020
—
Lemon Tree On Lincoln LLC
—
Deed
related
$3,080,000 · Altura Cu
Sep 8, 2016
—
Lemon Tree On Lincoln LLC
—
Deed
related
$2,325,000 · Jpmorgan Chase Bank NA
Jul 26, 2013
$2,225,000
Lemon Tree On Lincoln LLC
Evans Abc Ptshp
Grant Deed
$1,590,000 · Opus Bank
Aug 29, 2012
—
Evans Abc Ptshp
Evans Dick & Marie Trust
Quit Claim Deed
related
—
May 7, 2007
—
Evans Dick & M Living Trust
Evans D & M Living Trust
Quit Claim Deed
related
—
Oct 27, 2005
—
Evans Marie E Tr
Evans,david H
Affidavit Of Death
related
—
Dec 7, 2001
$1,350,000
Evans Trust
Hazelwood Properties INC
Grant Deed
$1,012,500 · Abn Amro Mortgage Group INC
Jan 17, 1996
$630,000
Hazelwood Properties INC
First Pacific National Bank
Grant Deed
$504,000 · Seller
Dec 20, 1993
—
A J Z Family Trust Etal
Zolezzi,agostino
Grant Deed
related
—
—
—
Agostino J Zolezzi
—
Deed Of Trust
related
$683,500 · San Marcos National Bank
—
—
Agostino Zolezzi
—
Deed Of Trust
related
$185,000 · San Marcos National Bank
—
—
Hazelwood Properties INC
—
Deed Of Trust
related
$730,000 · Affinity Bank
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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