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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Assisted living facilities
9308 Emerald Grv Ave Lakeside, CA 92040-3718
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7183423
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1954
Total area
4,954 SF
Lot
0.7 ac (30,492 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
382-140-02-00
UPID
US09-7183423
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
-
Lakeside Manor Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.55M
Owner & transaction history
American Home Care · 5 yrs held
American Home Care
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · Lakeside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+55.6%
Auto repair, garage
$1.9M
+25.2%
Office building
$1.8M
+18.2%
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 Lakeside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeside 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
$1,565,000
ML approach
$1,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,510,000
Current use
MEDICAL BUILDING
$2,350,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,890,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$1,785,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$1,635,000
Change: +8% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,405,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.50M (Jul 13 2021)
Last sale anchor
$1.50M
Jul 13 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
$312 / 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
$21,714
Tax year 2024
Assessed value
$1,560,600
Assessed 2024
Previous assessed
$1,560,600
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$520,200
Applied tax rate
82.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1954
Heating
NONE
Units
2
Total area
4,954 SF
Lot
0.7 ac (30,492 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
382-140-02-00
UPID
US09-7183423
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · Lakeside, CA
Zoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · Lakeside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.4M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1954
Heating
NONE
Units
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
American Home Care
Individual
Mailing address
1230 RAMONA AVE, SPRING VALLEY, CA 91977-4350
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2021
$1,500,000
American Home Care
Elaine Mccullough Bailey
Grant Deed
$1,490,000 · First Choice Bank
Oct 6, 2020
—
Elaine M Bailey
Bailey 2002 Trust
Quit Claim Deed
related
—
Jun 27, 2002
—
Bailey D Etal
Bailey,danie L
Quit Claim Deed
related
—
Dec 27, 1993
$265,000
Daniel L Bailey
Itt Financial Se
Grant Deed
$250,000 · Itt Financial Services
Dec 31, 1991
$285,000
Instit Mcalister
Aetna Finance Co
Grant Deed
$270,000 · Seller
Mar 6, 1991
$71,449
Aetna Finance Co
Nemeth John A
Trustees Deed
related
—
—
—
Nemeth John A
—
Deed Of Trust
related
$59,999 · Security Pacific National Bank
—
—
Nemeth John A
—
Deed Of Trust
related
$60,799 · Security Pacific National Bank
—
—
Nemeth John A
—
Deed Of Trust
related
$150,200 · Guardian Savings & Loan
—
—
John Nemeth
—
Deed Of Trust
related
$51,013 · Aetna Finance Co
—
—
Daniel L Bailey
—
Deed Of Trust
related
$350,000 · Los Padres Savings 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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