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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
825 State St Santa Barbara, CA 93101-3206
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1310722
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.18 ac (7,840 SF)
APN
037-400-008
UPID
US09-1310722
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
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
Creations Boutique Clothing & Fashion Store
-
Rite Aid Pharmacy Pharmacy
-
Quang Vu Pharmacy
-
KeyMe Locksmiths Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Housing Authority Of The City Of Sa · 3 yrs held
Housing Authority Of The City Of Sa
since 2022
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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
—
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
$51,970
Tax year 2024
Assessed value
$4,452,300
Assessed 2024
Previous assessed
$4,452,300
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,326,000
Assessed improvement
$3,126,300
Applied tax rate
2.0000
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
Heating
NONE
Lot
0.18 ac (7,840 SF)
APN
037-400-008
UPID
US09-1310722
Jurisdiction
SANTA BARBARA
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
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Housing Authority Of The City Of Sa
Entity
Mailing address
6611 N HILLSIDE DR, PARADISE VLY, AZ 85253-4073
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2022
—
Housing Authority Of The City Of Sa
California Lutheran Homes
Grant Deed
—
Oct 28, 2022
$4,365,000
2651 Main Street Santa Monica LLC
825 State Street Bldg LLC
Grant Deed
$3,273,750 · Zb NA
Jan 17, 2014
—
825 State Street Bldg LLC
Ching,audrey
Quit Claim Deed
—
Feb 11, 2013
—
Audrey Ching
Ching,joseph
Affidavit Of Death
related
—
Mar 23, 2011
—
Ching Family Living Trust
Ching,audrey
Quit Claim Deed
related
—
May 27, 2009
—
Robert Hsi
Hsi,mildred
Affidavit Of Death
related
—
Jun 10, 1999
—
Hsi Trust
Hsi,mildred
Quit Claim Deed
related
—
—
—
Hsi Mildred Trust
—
Deed Of Trust
related
$200,000 · Robert Hsi
—
—
Hsi Mildred Trust
—
Deed Of Trust
related
$20,000 · Fred Chien
—
—
Hsi Mildred Trust
—
Deed Of Trust
related
$50,000 · Joseph Ching
—
—
Audrey Ching
—
Deed Of Trust
related
$502,439 · General Bank
—
—
Mildred Hsi
—
Deed Of Trust
related
$150,000 · Robert Hsi
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
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