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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Apartment buildings
852 2nd St 56 Encinitas, CA 92024-4408
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9002403
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1925
Total area
3,720 SF
Lot
0.13 ac (5,555 SF)
Zoning code
COMMERCIAL
APN
258-184-07-00
UPID
US09-9002403
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
$675k
Owner & transaction history
James A Countryman · 2 yrs held
James A Countryman
since 2023
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Encinitas, 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 Encinitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encinitas 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
$181 / 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
$10,216
Tax year 2024
Assessed value
$829,440
Assessed 2024
Previous assessed
$829,440
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$341,942
Assessed improvement
$487,498
Applied tax rate
19.0000
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
1925
Heating
NONE
Units
4
Bathrooms
5
Total area
3,720 SF
Lot
0.13 ac (5,555 SF)
Zoning code
COMMERCIAL
APN
258-184-07-00
UPID
US09-9002403
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encinitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Units
4
Bathrooms
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
James A Countryman
Individual
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
—
James A Countryman
Donald A Countryman
Intrafamily Transfer
related
—
Aug 11, 2023
—
Donald A Countryman
Lettie La Countryman
Intrafamily Transfer
related
—
Dec 12, 2017
—
Ara Kaloustian
—
Deed
related
$520,000 · San Diego County Cu
May 21, 2012
—
Kaloustian Ara & Susan H Trust
Hopwood Susan S Trust
Quit Claim Deed
related
—
Sep 2, 2005
—
Countryman Family Trust
Countryman,donald A & Lou A
Quit Claim Deed
related
—
Nov 2, 1999
$1,000
Hopwood Trust
Susan S Hopwood Trustee
Grant Deed
related
$339,000 · Los Padres Savings Bank
—
—
Kaloustian Ara & Susan H Trust
—
Deed Of Trust
related
$500,000 · San Diego Cnty Cu
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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