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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Apartment buildings
El Bordo Ave, Atascadero, CA 93422
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5052148
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
WOOD
Total area
22,988 SF
Lot
1.97 ac (86,000 SF)
Zoning code
MF20
APN
030-472-007
UPID
US09-5052148
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.68M
Blend (final)
Blend
$3.77M
Owner & transaction history
9905 El Camino Real Partners LP · 5 yrs held
9905 El Camino Real Partners LP
since 2020
Last sale
$3.3M
4 recorded transactions
Zoning & alternative use
MF20 · Atascadero, 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 Atascadero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atascadero 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
$3,805,000
ML approach
$3,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.77M
Range $3.39M – $4.14M · ±10% · vs last sale $3.25M (Sep 18 2020)
Last sale anchor
$3.25M
Sep 18 2020
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
$164 / 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
$47,860
Tax year 2024
Assessed value
$3,448,926
Assessed 2024
Previous assessed
$3,448,926
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,061,208
Assessed improvement
$2,387,718
Applied tax rate
7.0000
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
Construction
WOOD
Heating
NONE
Rooms
45
Bathrooms
19
Total area
22,988 SF
Lot
1.97 ac (86,000 SF)
Zoning code
MF20
APN
030-472-007
UPID
US09-5052148
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
MF20 · Atascadero, CA
Zoning MF20 · permitted uses
MF20 · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atascadero. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD
Heating
NONE
Rooms
45
Bathrooms
19
Lot
1.97 ac
Current owner
From public records · entity-resolved
9905 El Camino Real Partners LP
Entity
Mailing address
16133 VENTURA BLVD STE #630, ENCINO, CA 91436-2412
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
—
9905 El Camino Real Partners LP
—
Deed
related
$3,150,000 · Umpqua Bank
Sep 18, 2020
$3,250,000
9905 El Camino Real Partners LP
James F Nichols
Grant Deed
$2,780,000 · Silvergate Bank
Jan 29, 2020
—
Survivors Trust
Atascadero Village
Quit Claim Deed
related
—
—
—
Atascdero Village
—
Deed Of Trust
related
$815,000 · 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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