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Property profile & analytics
OFF-MARKET
Estimated value
$4,515,000
Apartment buildings
9146 Lamar St Spring Valley, CA 91977
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9506935
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
41,600 SF
Lot
3.36 ac (146,361 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
504-111-02-00
UPID
US09-9506935
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
-
Lamar Garden Townhomes Security Service Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.52M
Owner & transaction history
Hoban Holdings INC · 5 yrs held
Hoban Holdings INC
since 2021
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Spring Valley, 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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Valley 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
$4,460,000
ML approach
$4,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.52M
Range $4.06M – $4.97M · ±10% · vs last sale $4.71M (Feb 26 2021)
Last sale anchor
$4.71M
Feb 26 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
$109 / 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
$117,427
Tax year 2024
Assessed value
$8,867,969
Assessed 2024
Previous assessed
$8,867,969
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$3,891,170
Assessed improvement
$4,976,799
Applied tax rate
83.0000
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
1985
Heating
NONE
Units
50
Total area
41,600 SF
Lot
3.36 ac (146,361 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
504-111-02-00
UPID
US09-9506935
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Spring Valley, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · Spring Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Units
50
Lot
3.36 ac
Current owner
From public records · entity-resolved
Hoban Holdings INC
Entity
Mailing address
215 W LEXINGTON AVE, EL CAJON, CA 92020-4411
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2021
$4,714,500
Hoban Holdings INC
Larner Development Company Lc
Grant Deed
$6,325,000 · First Republic Bank
Jul 19, 2011
—
Thomas Hoban
Hoban,anita
Quit Claim Deed
related
$2,661,500 · Anita Hoban
Jul 10, 2008
—
Lamar Dev Partners
Lamar Dev Co LLC
Quit Claim Deed
—
Jul 10, 2008
$2,743,000
Han Em LLC
Lamar Dev Partners
Grant Deed
$605,144 · Lamar Dev Partners
Sep 10, 1997
—
Lamar Development Co LLC
Lamar Associates,
Quit Claim Deed
related
—
Aug 16, 1988
—
Robert Reynolds
Barta,joseph F
Grant Deed
related
—
Feb 16, 1988
—
Phillip A Sloan
Sloan
Quit Claim Deed
related
—
—
—
Lamar Dev Co LLC
—
Deed Of Trust
related
$3,600,000 · First Republic Bank
—
—
Lamar Dev Co LLC
—
Deed Of Trust
related
$3,600,000 · First Republic Bank
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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