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Property profile & analytics
OFF-MARKET
Estimated value
$5,395,000
Apartment buildings
900 12th St National City, CA 91950-3502
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9984216
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2019
Total area
14,478 SF
Lot
0.32 ac (13,797 SF)
Zoning code
COMMERCIAL
APN
561-011-06-00
UPID
US09-9984216
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
-
Plaza del Rey Townhouse Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.28M
CAP Approach
CAP
$3.70M
Comparable Approach
Comparable
$5.52M
Blend (final)
Blend
$5.40M
Owner & transaction history
Ckt Aurora LLC · 4 yrs held
Ckt Aurora LLC
since 2021
Last sale
$6.2M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.9M
+86.2%
Office building
$5.2M
+41.5%
Industrial (general)
$3.9M
+6.9%
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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
$5,390,000
ML approach
$5,280,000
CAP Approach
CAP Return
Estimation
6%
$4,010,000
6.5%
$3,700,000
7%
$3,435,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,690,000
Current use
MEDICAL BUILDING
$6,870,000
Change: +86% · Conversion: Moderate
OFFICE BUILDING
$5,220,000
Change: +41% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,945,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$3,580,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.40M
Range $4.86M – $5.93M · ±10% · vs last sale $6.24M (Nov 30 2021)
Last sale anchor
$6.24M
Nov 30 2021
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
$373 / 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
$81,277
Tax year 2024
Assessed value
$6,440,076
Assessed 2024
Previous assessed
$6,440,076
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,033,982
Assessed improvement
$4,406,094
Applied tax rate
6.0000
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
2019
Heating
NONE
Units
15
Bathrooms
30
Total area
14,478 SF
Lot
0.32 ac (13,797 SF)
Zoning code
COMMERCIAL
APN
561-011-06-00
UPID
US09-9984216
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · National City, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
National City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$6.9M
OFFICE BUILDING
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
RETAIL STORES
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Units
15
Bathrooms
30
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ckt Aurora LLC
Entity
Mailing address
8900 GROSSMONT BLVD STE #3, LA MESA, CA 91941-4047
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 30, 2021
$6,235,000
Ckt Aurora LLC
Kd 12th LLC
Grant Deed
$3,550,000 · Jpmorgan Chase Bank NA
Jan 12, 2021
—
Kd 12th LLC
—
Deed
related
$3,400,000 · Mechanics Bank
Oct 19, 2017
—
Kd 12th LLC
—
Trustees Deed
related
$2,544,431 · California Bk&tr
Oct 19, 2016
$525,000
Kd 12th LLC
Refugio Roa
Grant Deed
$250,000 · Seattle Funding Group Ltd
Mar 9, 2004
—
Roa-casas,tr
Roa,refugio & Carmen C
Quit Claim Deed
related
—
Jan 13, 2000
$55,000
Refugio Roa
Nelson Trust
Grant Deed
$40,000 · Seller
Mar 3, 1999
—
Gregory C Etal Piper
Carr,jeffrey H
Quit Claim Deed
related
—
Nov 1, 1995
—
Gregory C Piper
Carr,jeffry H
Quit Claim 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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