Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Apartment buildings
957 Washington Ave El Cajon, CA 92020-6691
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8815982
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1981
Total area
8,213 SF
Lot
0.41 ac (17,821 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
493-103-07-00
UPID
US09-8815982
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
-
Mortgage Loans - El Cajon Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$2.28M
Owner & transaction history
Depreciate This LLC · 1 yrs held
Depreciate This LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.0M
+27.8%
Retail stores
$2.4M
+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
$2,275,000
ML approach
$2,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,320,000
Current use
OFFICE BUILDING
$2,960,000
Change: +28% · Conversion: Moderate
RETAIL STORES
$2,355,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,270,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±10% · vs last sale $2.28M (Dec 26 2024)
Last sale anchor
$2.28M
Dec 26 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
$277 / 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
$21,555
Tax year 2024
Assessed value
$1,212,082
Assessed 2024
Previous assessed
$1,212,082
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$332,848
Assessed improvement
$879,234
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
1981
Heating
NONE
Units
8
Bathrooms
17
Total area
8,213 SF
Lot
0.41 ac (17,821 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
493-103-07-00
UPID
US09-8815982
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
$2.3M
OFFICE BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1981
Heating
NONE
Units
8
Bathrooms
17
Lot
0.41 ac
Current owner
From public records · entity-resolved
Depreciate This LLC
Entity
Mailing address
5176 CALEB CT, FRUITLAND, ID 83619-3816
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Depreciate This LLC
—
Deed
related
$1,900,000 · Mission FCU
Dec 26, 2024
$2,275,000
Depreciate This LLC
Joyce A Mulfinger
Grant Deed
$1,702,500 · Americas Christian Cu
Jun 9, 2022
—
Joyce A Mulfinger
—
Deed
related
$565,000 · Luther Burbank Savings
Apr 17, 2015
—
Joyce A Mulfinger
Mulfinger Keith & J Trust
Quit Claim Deed
related
—
Mar 18, 2011
—
Joyce A Mulfinger
Mulfinger,keith
Quit Claim Deed
related
$675,500 · Luther Burbank Savings
Mar 18, 2011
$965,000
Joyce A Mulfinger
Waller Kaufman & Sutter Of Nevada
Grant Deed
—
Sep 26, 2008
$750,000
Waller Kaufman & Sutter Of Nv
La Jolla Bk Fsb
Grant Deed
—
Aug 25, 2008
$800,000
La Jolla Bk Fsb
Galt Holdings INC
Trustees Deed
related
—
Jul 22, 2008
—
Edwin Moore
Schnobrich,salvacion
Quit Claim Deed
related
—
Jul 21, 2008
—
Florida A Baldwin
Lai M & C Family Trust
Quit Claim Deed
related
—
Jun 13, 2008
—
Salvation Schnobrich
Baldwin,flordia
Grant Deed
related
—
Aug 24, 2005
$1,800,000
Michael & Cathy Trust
Grant,cris A & Nelly F
Grant Deed
$1,030,000 · Cris A & Nelly F Grant
May 31, 2005
$1,375,000
Cris A Grant
Ciccati R L & J M Trust
Grant Deed
$898,000 · La Jolla Bank
Mar 15, 2004
—
Samuel W Hemmings
Hemmings,samuel W & Lisa M
Quit Claim Deed
related
$435,000 · World Savings Bank
Aug 4, 1988
$393,000
Samuel Hemmings
Heartland Washin
Trustees Deed
$264,000 · World Savings & Loan
—
—
Samuel Hemmings
—
Deed Of Trust
related
—
—
—
Cris A Grant
—
Deed Of Trust
related
$50,000 · Patrick M & Maureen A Pierce
—
—
Waller Kaufman & Sutter Of Nevada
—
Deed Of Trust
related
$925,000 · Waller Kaufman & Sutter
—
—
Cris A Grant
—
Deed Of Trust
related
$100,000 · Samuel W & Lisa M Hemmings
—
—
Cris A Grant
—
Deed Of Trust
related
$100,000 · Salvacion G Schnobrich
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 957 Washington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
