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Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Industrial properties
102 Baker St, Costa Mesa, CA 92626-4503
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2927590
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1973
Total area
33,600 SF
Lot
2.37 ac (103,379 SF)
APN
427-011-08
UPID
US09-2927590
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
-
The Sanctuary Church
-
The Sanctuary ESP Church
-
Frontiers Academy - Trilingual Immersion School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
$6.60M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.00M
Owner & transaction history
Bayside Covenant Church INC · 1 yrs held
Bayside Covenant Church INC
since 2024
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$16.1M
+20.4%
Neighborhood: shopping center
$15.8M
+17.8%
Auto repair, garage
$15.0M
+12.0%
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$10,000,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
$7,150,000
6.5%
$6,600,000
7%
$6,130,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,385,000
Current use
APARTMENT HOUSE (5+ UNITS)
$16,110,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,760,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,990,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$12,465,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,780,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Aug 16 2024)
Last sale anchor
$10.00M
Aug 16 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
$298 / 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
$37,553
Tax year 2024
Assessed value
$8,837,133
Assessed 2024
Previous assessed
$8,837,133
+0.0% YoY
Effective rate
0.42%
On assessed value
Assessed land
$5,302,282
Assessed improvement
$3,534,851
Applied tax rate
15.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
33,600 SF
Lot
2.37 ac (103,379 SF)
APN
427-011-08
UPID
US09-2927590
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$13.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.8M
AUTO REPAIR, GARAGE
Est. value
$15.0M
OFFICE BUILDING
Est. value
$12.5M
COMMERCIAL (GENERAL)
Est. value
$11.8M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1973
Heating
NONE
Stories
1
Lot
2.37 ac
Current owner
From public records · entity-resolved
Bayside Covenant Church INC
Entity
Mailing address
8211 SIERRA COLLEGE BLVD STE #440, ROSEVILLE, CA 95661-9406
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2024
$10,000,000
Bayside Covenant Church INC
Sanctuary World Outreach INC
Grant Deed
$8,000,000 · National Covenant Properties
Aug 17, 2021
—
Sanctuary World Outreach INC
—
Deed
related
$4,550,000 · Farmers & Merchants Bank
Oct 9, 2014
$7,500,000
Sanctuary World Outreach INC
Vineyard Christian Fellowship/
Grant Deed
$3,750,000 · Farmers & Merchants Bk/lng Bch
Oct 30, 2009
—
Vineyard Christian Fellowship/
—
Trustees Deed
related
$800,000 · Southpointe Financial Group
Jun 29, 2004
—
Mineyard Christian Fellowship
Mineyard Christian Fellowship
Quit Claim Deed
related
$3,100,000 · Bank Of America
Jul 3, 2002
$3,806,500
Vineyard Christian Fellowship
Bcsd Properties LP
Grant Deed
$2,854,700 · Evangelical Christian Cu
Sep 1, 1998
—
Fontaine,richard
Brind,
Trustees Deed
related
—
Jul 23, 1997
—
Gary Brinderson
Brinderson,
Quit Claim Deed
related
—
—
—
Sanctuary World Outreach INC
—
Deed Of Trust
related
$1,250,000 · Rick Hamm Construction INC
—
—
Vineyard Christian Fellowship
—
Deed Of Trust
related
$1,807,318 · Rick Hamm
—
—
Vineyard Christian Fellowship
—
Deed Of Trust
related
$208,000 · Jon E Stevenson
—
—
Vineyard Christian Fellowship/
—
Deed Of Trust
related
$1,465,000 · River Cmnty Ch/tustin INC
—
—
Vineyard Christian Fellowship/
—
Deed Of Trust
related
$1,416,313 · Rick Hamm Construction INC
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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