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Property profile & analytics
OFF-MARKET
Estimated value
$4,600,000
Apartment buildings
922 Sunshine Ave El Cajon, CA 92020-5911
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8890154
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Total area
15,632 SF
Lot
0.8 ac (34,848 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
492-331-14-00
UPID
US09-8890154
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
-
Marketing Digital Easy Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Fotografo de Bodas Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.01M
Blend (final)
Blend
$4.60M
Owner & transaction history
922 S Sunshine LLC · 2 yrs held
922 S Sunshine LLC
since 2024
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.4M
+68.1%
Office building
$5.6M
+27.8%
Retail stores
$4.5M
+1.5%
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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$4,600,000
ML approach
$4,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,410,000
Current use
MEDICAL BUILDING
$7,420,000
Change: +68% · Conversion: Moderate
OFFICE BUILDING
$5,635,000
Change: +28% · Conversion: Moderate
RETAIL STORES
$4,480,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,315,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.60M
Range $4.14M – $5.06M · ±10% · vs last sale $4.60M (May 3 2024)
Last sale anchor
$4.60M
May 3 2024
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
$294 / 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
$72,616
Tax year 2024
Assessed value
$4,692,000
Assessed 2024
Previous assessed
$4,692,000
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$2,856,000
Assessed improvement
$1,836,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Heating
NONE
Units
20
Total area
15,632 SF
Lot
0.8 ac (34,848 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
492-331-14-00
UPID
US09-8890154
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · El Cajon, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$7.4M
OFFICE BUILDING
Est. value
$5.6M
RETAIL STORES
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1979
Heating
NONE
Units
20
Lot
0.8 ac
Current owner
From public records · entity-resolved
922 S Sunshine LLC
Entity
Mailing address
922 S SUNSHINE AVE, EL CAJON, CA 92020-5911
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
922 S Sunshine LLC
Daniel Simons
Intrafamily Transfer
related
—
Apr 19, 2023
$4,600,000
Daniel Simons
Sunshine Investor 1 LLC
Grant Deed
—
Jun 24, 2022
—
Sunshine Investor 2 LLC
—
Deed
related
$3,225,000 · Mizrahi Tefahot Bank Ltd
May 24, 2022
$4,650,000
Sunshine Investor 1 LLC
1 Hunter LLC
Grant Deed
—
Jul 1, 2019
$3,800,000
1 Hunter LLC
Cgi 3 LP
Grant Deed
$2,100,000 · Fidelity Bancorp
Nov 29, 2016
—
Cgi 3 LP
Cgi 3 LP
Intrafamily Transfer
related
$1,550,000 · Jpmorgan Chase Bank NA
Mar 3, 1999
—
Marjorie L Etal Peniston
Wachtler Family Partners ,
Grant Deed
related
—
Aug 15, 1997
$77,000
Wachtler Family Partners LP
Peniston Trust
Grant Deed
—
Jun 29, 1995
$174,000
Psp Wachtler
Richard E Mcgrath Trustee
Grant Deed
related
—
—
—
Richard Mcgrath
—
Deed Of Trust
related
$530,000 · World Savings & Loan
—
—
James B Wachtler
—
Deed Of Trust
related
$656,250 · Washington Mutual Fsb
—
—
C G I 3 LP
—
Deed Of Trust
related
$925,000 · Washington Mutual Fsb
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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