Financial
Distress signals
Property profile

3121 Red Hl Ave Costa Mesa, CA 92626

OFF-MARKET
Flex space
Property ID
US09-3080391
15,571 SF 1.12 ac lot Built 1966
Last sale Dec 2021 · $6,880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$85k
Tax billed · 2024
Assessed value$7.16M
Assessed land$6.74M
Assessed improvement$416k
Effective rate1.19%

Value estimate

· Sep 2026
$8.59M
$7.73M – $9.45M
AI approach$8.68M
Sales comparison$7.47M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$398/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$315 – $480
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith10.1
Laundry Service9.8
Grocery Store9.1

Location

3121 Red Hl Ave Costa Mesa, CA 92626-4517
County assessor Recorded deeds · 6 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
345 Mccormick, Costa Mesa, CA 92626-3422 $14,500,000 Jan 2026 24,000 SF
841 Baker, Costa Mesa, CA 92626-4315 $7,220,000 Feb 2024 11,808 SF
2968 Randolph, Costa Mesa, CA 92626-4390 $2,840,000 Jan 2024 16,000 SF
1690 Scenic, Costa Mesa, CA 92626-1410 $10,605,500 May 2022 18,758 SF
1366 Logan, Costa Mesa, CA 92626-4026 $579,000 Feb 2020 14,100 SF
3140 Pullman, Costa Mesa, CA 92626-4519 $9,596,500 Jan 2020 12,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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