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Property profile & analytics
FOR SALE
Showrooms
883 Lighthouse Ave Monterey, CA 93940
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-3393418
For Sale
1 / 49
$1,500,000
883 Lighthouse Ave, Monterey, CA 93940
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1966
Construction
WOOD
Total area
1,788 SF
Lot
0.11 ac (4,800 SF)
APN
001-074-002-000
UPID
US09-3393418
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
-
All-American Antiques Home Decor Store (Bike/Boat/Book/etc) Store
-
Headdress Salon Hair Salon Nail Salon
-
Monterey Real Estate Firm Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Buonaguidi,j & D Living Trust · 6 yrs held
Buonaguidi,j & D Living Trust
since 2020
Last sale
$260,000
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,663
Tax year 2023
Assessed value
$419,728
Assessed 2023
Previous assessed
$419,728
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$294,460
Assessed improvement
$125,268
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1966
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
1,788 SF
Lot
0.11 ac (4,800 SF)
APN
001-074-002-000
UPID
US09-3393418
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Rooms
7
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Buonaguidi,j & D Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
883 LIGHTHOUSE AVE, MONTEREY, CA 93940-1011
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2020
—
Buonaguidi,j & D Living Trust
John F Buonaguidi
Quit Claim Deed
related
—
Dec 10, 2018
—
Johne F Buonaguidi
Buonaguidi Frank L Trust
Quit Claim Deed
—
Mar 31, 2015
—
Bounaguidi,frank L Trust
Buonaguidi Frank L
Affidavit Of Death
related
—
Nov 9, 1995
—
Buonaguidi Trust
Buonaguidi,frank L
Quit Claim Deed
related
—
Sep 21, 1994
$260,000
Frank L Buonaguidi
Hecker,james J
Grant Deed
$183,590 · Seller
—
—
James J Hecker
—
Deed Of Trust
related
$50,000 · Individual
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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