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Property profile & analytics
OFF-MARKET
Estimated value
$13,810,000
Flex space
10850 Portal Dr, Los Alamitos, CA 90720-2509
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1373082
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1970
Total area
50,000 SF
Lot
5.4 ac (235,181 SF)
APN
241-241-17
UPID
US09-1373082
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 Crane Guys LLC Construction Company Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.02M
CAP Approach
CAP
$8.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.81M
Owner & transaction history
Nash Mariposa Ltd · 4 yrs held
Nash Mariposa Ltd
since 2021
Last sale
$15.1M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$22.3M
+38.3%
Office building
$21.5M
+33.0%
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 Los Alamitos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Alamitos 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
$18,855,000
ML approach
$11,015,000
CAP Approach
CAP Return
Estimation
6%
$9,740,000
6.5%
$8,990,000
7%
$8,345,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,130,000
Current use
AUTO REPAIR, GARAGE
$22,305,000
Change: +38% · Conversion: Easy
OFFICE BUILDING
$21,450,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,185,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$13.81M
Range $12.43M – $15.19M · ±10% · vs last sale $15.10M (Oct 15 2021)
Last sale anchor
$15.10M
Oct 15 2021
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
$276 / 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
$183,104
Tax year 2024
Assessed value
$15,710,040
Assessed 2024
Previous assessed
$15,710,040
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$13,925,754
Assessed improvement
$1,784,286
Applied tax rate
22.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Total area
50,000 SF
Lot
5.4 ac (235,181 SF)
APN
241-241-17
UPID
US09-1373082
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
$16.1M
AUTO REPAIR, GARAGE
Est. value
$22.3M
OFFICE BUILDING
Est. value
$21.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.2M
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
1970
Heating
NONE
Stories
1
Lot
5.4 ac
Current owner
From public records · entity-resolved
Nash Mariposa Ltd
Individual
Mailing address
915 WILSHIRE BLVD STE #1750, LOS ANGELES, CA 90017-3487
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$15,100,000
Nash Mariposa Ltd
G & G Ryan LLC
Grant Deed
$5,700,000 · Jpmorgan Chase Bank NA
Jul 1, 2008
—
Ryan G & G Trust
Ryan G & G Trust
Quit Claim Deed
related
—
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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