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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Apartment buildings
901 Bello St Pismo Beach, CA 93449-2368
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1992555
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
5,872 SF
Lot
73.5 ac (3,201,660 SF)
Zoning code
RE
APN
005-073-018
UPID
US09-1992555
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
$972k
Blend (final)
Blend
$860k
Owner & transaction history
Bugelli Properties I LLC · 1 yrs held
Bugelli Properties I LLC
since 2024
5 recorded transactions
Zoning & alternative use
RE · Pismo Beach, 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 Pismo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pismo Beach 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$146 / 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
$5,005
Tax year 2024
Assessed value
$405,568
Assessed 2024
Previous assessed
$405,568
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$142,859
Assessed improvement
$262,709
Applied tax rate
4.0000
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
1971
Construction
WOOD
Heating
NONE
Rooms
22
Bathrooms
6
Total area
5,872 SF
Lot
73.5 ac (3,201,660 SF)
Zoning code
RE
APN
005-073-018
UPID
US09-1992555
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RE · Pismo Beach, CA
Zoning RE · permitted uses
RE · Pismo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pismo Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
NONE
Rooms
22
Bathrooms
6
Lot
73.5 ac
Current owner
From public records · entity-resolved
Bugelli Properties I LLC
Entity
Free & Clear · 1 yrs held
Mailing address
228 S MTN AVE, MONROVIA, CA 91016-3038
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Bugelli Properties I LLC
David D Bugelli
Deed
related
—
Feb 16, 2021
—
David D Bugelli
David D Bugelli
Intrafamily Transfer
related
—
Oct 1, 2007
—
Pringle Bob & T Family Trust
Pringle,robert C & Tonia V
Quit Claim Deed
related
—
Jun 1, 2006
—
Pringle Bob & Toni Trust
Pringle,robert C & Tonia V
Quit Claim Deed
related
—
Dec 13, 2005
—
Pringle Bob & Toni Trust
Pringle,robert C & Tonia V
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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