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Property profile & analytics
OFF-MARKET
Estimated value
$4,165,000
Apartment buildings
107 Wilson Ave Orange, CA 92867-4732
Individually Owned
3-yr Hold
Absentee Owner
Property ID
US09-1711312
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Total area
6,726 SF
Lot
0.22 ac (9,465 SF)
APN
375-283-10
UPID
US09-1711312
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
$4.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$4.17M
Owner & transaction history
Vasilios P Rigas · 3 yrs held
Vasilios P Rigas
since 2023
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.6M
+125.0%
Office building
$3.8M
+87.3%
Neighborhood: shopping center
$3.2M
+54.7%
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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$4,715,000
ML approach
$4,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,590,000
Change: +125% · Conversion: Difficult
OFFICE BUILDING
$3,820,000
Change: +87% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,155,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,000,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,515,000
Change: +23% · Conversion: Moderate
Blend value · Realmo final
$4.17M
Range $3.75M – $4.58M · ±10% · vs last sale $3.98M (May 1 2023)
Last sale anchor
$3.98M
May 1 2023
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
$619 / 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
$26,572
Tax year 2024
Assessed value
$2,261,433
Assessed 2024
Previous assessed
$2,261,433
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,592,960
Assessed improvement
$668,473
Applied tax rate
8.0000
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
Year built
1961
Heating
NONE
Stories
2
Units
10
Total area
6,726 SF
Lot
0.22 ac (9,465 SF)
APN
375-283-10
UPID
US09-1711312
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
RESTAURANT
Est. value
$4.6M
OFFICE BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1961
Heating
NONE
Stories
2
Units
10
Lot
0.22 ac
Current owner
From public records · entity-resolved
Vasilios P Rigas
Individual
Mailing address
30 PT LOMA DR, CORONA DEL MAR, CA 92625-1026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
Vasilios P Rigas
Vasilios P Rigas
Intrafamily Transfer
related
$2,100,000 · Jpmorgan Chase Bank NA
Apr 2, 2020
—
Vasilios P Rigas
—
Deed
related
$2,200,000 · Jpmorgan Chase Bank NA
Mar 21, 2017
$3,975,000
Vasilios P Rigas
James P Colombo
Grant Deed
—
Mar 31, 2015
—
Colombo James P
Colombo J P & S L Trust
Quit Claim Deed
related
—
Oct 11, 2013
—
Todd Muradian
T K Estates LLC
Grant Deed
$1,445,000 · Luther Burbank Savings
Sep 22, 2010
$2,000,000
James P Colombo
Melvin Green JR
Grant Deed
$1,400,000 · Luther Burbank Savings
Jan 19, 2010
—
Melvin Green JR.
Green,melvin JR
Quit Claim Deed
related
—
Jun 14, 2006
—
Web Service Co INC
Green,melvin JR
Grant Deed
related
—
—
—
Melvin Green JR.
—
Deed Of Trust
related
$870,000 · First Federal Savings & Loan
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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