Financial
Distress signals
Property profile

Santa Santa Ana, CA 92704

FOR SALE
Other apartment buildings
Property ID
US10-3269695
5,854 SF 0.19 ac lot Built 1961
Last sale Oct 2024 · $2,075,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

The property in Santa Ana consists of a multi-family apartment building with 8 residential units, including a mix of 1- and 2-bedroom layouts. It is configured as a two-level walk-up courtyard design and provides a community laundry facility. The site includes 9 parking spaces and has a total building area of 5,854 square feet on a lot of approximately 0.19 acres. The location is positioned near major freeways (55, 405, and 5) and is also close to South Coast Plaza, Southern California beaches, UC Irvine, and Chapman University.

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?
$20k
Tax billed · 2024
Assessed value$1.59M
Assessed land$1.42M
Assessed improvement$175k
Effective rate1.25%

Value estimate

· Sep 2026
$2.08M
$1.87M – $2.28M
AI approach$2.08M
CAP approach$1.40M
Sales comparison$2.89M
NOI build-up
Gross scheduled income$172k
Vacancy & credit loss−$7k
Operating expenses−$74k
NOI · 4.78% cap applied$91k

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$347/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$153 – $517
Qualifying comparables25

Cap rate analysis

How does the asset earn?
4.78%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency65.7
Law Firm51.3
Skin Care Clinic23.9

Location

Santa Santa Ana, CA 92704
County assessor Recorded deeds · 9 transfers 25 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
818 Raitt, Santa Ana, CA 92704-2906 $9,000,000 Nov 2022 6,508 SF
810 Raitt, Santa Ana, CA 92704-2921 $9,000,000 Nov 2022 6,508 SF
822 Raitt, Santa Ana, CA 92704-2965 $9,000,000 Nov 2022 6,996 SF
730 Raitt, Santa Ana, CA 92704-2922 $1,572,500 Oct 2021 6,672 SF
722 Raitt, Santa Ana, CA 92704-2916 $1,572,500 Oct 2021 6,674 SF
210 Newhope, Santa Ana, CA 92704-1240 $2,175,000 Jun 2021 6,228 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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