Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Industrial properties
1060 Ortega Way Ste B Placentia, CA 92870-7125
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-2265922
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1981
Total area
5,475 SF
Lot
0.34 ac (15,012 SF)
APN
939-220-09
UPID
US09-2265922
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
-
In House Apparel (Bike/Boat/Book/etc) Store Printing Service
-
Frisbie Management Association Or Organization
-
R E Albright Inc Factory Industrial Manufacturer
-
American Circuit Card Retainers Industrial Manufacturer Production Facility
-
Laguna Designs Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.52M
Owner & transaction history
Las Cruces Oc LLC · 5 yrs held
Las Cruces Oc LLC
since 2020
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+79.6%
Office building
$2.4M
+72.7%
Apartment house (5+ units)
$2.2M
+63.0%
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 Placentia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placentia 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
$1,735,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,360,000
Current use
AUTO REPAIR, GARAGE
$2,440,000
Change: +80% · Conversion: Easy
OFFICE BUILDING
$2,350,000
Change: +73% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,215,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.37M (Aug 5 2020)
Last sale anchor
$1.37M
Aug 5 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
$277 / 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
$15,791
Tax year 2024
Assessed value
$1,455,340
Assessed 2024
Previous assessed
$1,455,340
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,136,978
Assessed improvement
$318,362
Applied tax rate
9.0000
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
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1981
Heating
NONE
Total area
5,475 SF
Lot
0.34 ac (15,012 SF)
APN
939-220-09
UPID
US09-2265922
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
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1981
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Las Cruces Oc LLC
Entity
Mailing address
2310 E ORANGETHORPE AVE, ANAHEIM, CA 92806-1231
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2020
—
Las Cruces Oc LLC
—
Deed
related
$578,000 · California Statewide Certified
Aug 5, 2020
$1,371,500
Las Cruces Oc LLC
Rmd Investment Properties LLC
Grant Deed
$560,000 · Cit Bank NA
May 11, 2007
—
Rmd Investment Properties LLC
Villasenor,ronald
Grant Deed
$523,230 · California Bank & Trust
Nov 19, 2003
—
Shea Group LLC
Hassell,tr
Grant Deed
related
$425,000 · Us Bank NA
Jul 6, 1989
$352,000
Hassell John W &
All State Exchan
Trustees Deed
—
Jul 6, 1989
—
All State Exchan
Cheng John Y
Trustees Deed
related
—
—
—
Cheng John Y C
—
Deed Of Trust
related
$250,000 · United Pacific Bank
—
—
Rmd Investment Properties LLC
—
Deed Of Trust
related
$419,000 · Cdc Small Business Finance Co
—
—
Las Cruces Oc LLC
—
Deed Of Trust
related
$578,000 · California Statewide Certified
—
—
Las Cruces Oc LLC
—
Deed Of Trust
related
$700,000 · Cit Bk NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1060 Ortega Way Ste B?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
