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Property profile & analytics
OFF-MARKET
Estimated value
$8,920,000
Apartment buildings
9760 Marilla Dr, Lakeside, CA 92040-2821
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9512219
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1974
Total area
28,572 SF
Lot
1.26 ac (54,885 SF)
Zoning code
COMMERCIAL
APN
382-210-14-00
UPID
US09-9512219
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
-
Magnolia Terrace Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.77M
CAP Approach
CAP
$7.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.92M
Owner & transaction history
J&j Marilla LLC · 2 yrs held
J&j Marilla LLC
since 2023
Last sale
$9.9M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Lakeside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.6M
+50.8%
Auto repair, garage
$10.9M
+21.3%
Office building
$10.3M
+14.5%
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 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
$8,820,000
ML approach
$8,765,000
CAP Approach
CAP Return
Estimation
6%
$7,910,000
6.5%
$7,305,000
7%
$6,780,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,995,000
Current use
MEDICAL BUILDING
$13,560,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,910,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$10,305,000
Change: +15% · Conversion: Moderate
RETAIL STORES
$9,435,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$8.92M
Range $8.03M – $9.81M · ±10% · vs last sale $9.85M (Oct 10 2023)
Last sale anchor
$9.85M
Oct 10 2023
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
$145,154
Tax year 2024
Assessed value
$9,838,200
Assessed 2024
Previous assessed
$9,838,200
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$3,900,000
Assessed improvement
$5,938,200
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1974
Heating
NONE
Units
54
Total area
28,572 SF
Lot
1.26 ac (54,885 SF)
Zoning code
COMMERCIAL
APN
382-210-14-00
UPID
US09-9512219
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Lakeside, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.0M
MEDICAL BUILDING
Est. value
$13.6M
AUTO REPAIR, GARAGE
Est. value
$10.9M
OFFICE BUILDING
Est. value
$10.3M
RETAIL STORES
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1974
Heating
NONE
Units
54
Lot
1.26 ac
Current owner
From public records · entity-resolved
J&j Marilla LLC
Entity
Mailing address
PO BOX 197, POWAY, CA 92074-0197
Ownership since
2023
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
Nov 1, 2024
—
J&j Marilla LLC
—
Deed
related
$6,000,000 · The Golden 1 Cu
Oct 10, 2023
$9,850,000
J&j Marilla LLC
Pacific Magnolia Terrace Spe LLC
Grant Deed
$5,900,000 · Lone Oak Fund LLC
Feb 25, 2019
—
Pacific Magncolia Terrace Spe LLC
—
Deed
related
$5,600,000 · Opus Bank
Sep 8, 2015
$6,400,000
Pacific Magnolia Terrace Spe LLC
Magnolia Apartments LLC
Grant Deed
$4,480,000 · Opus Bank
Feb 6, 2014
$5,000,000
Magnolia Apartments LLC
Magnolia Terrace Apartment Homes Sa
Grant Deed
$3,637,500 · Mission FCU
Aug 23, 2005
—
Ashok Israni
Pacifica Lakeside LLC
Grant Deed
—
Aug 23, 2005
$2,200,000
Magnolia Terrace Apartment Hms
Pacifica Lakeside LLC
Grant Deed
—
Aug 23, 2005
$3,960,000
Magnolia Terrace Apartment Hms
Israni,ashok
Grant Deed
—
Aug 23, 2005
$110,000
Magnolia Terrace Apartment Hms
Israni,deepak
Grant Deed
—
Apr 27, 1999
$1,650,000
Pacifica,lakeside LLC
January Investments INC,
Grant Deed
—
—
—
Pacifica Lakeside LLC
—
Deed Of Trust
related
$1,912,500 · 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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