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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Apartment buildings
1150 Brk St Santa Ana, CA 92703-4958
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0254982
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Total area
4,332 SF
Lot
0.16 ac (6,975 SF)
APN
010-273-29
UPID
US09-0254982
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
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$2.20M
Owner & transaction history
Matthew P Hoyt · 2 yrs held
Matthew P Hoyt
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+34.8%
Commercial (general)
$2.3M
+32.0%
Neighborhood: shopping center
$2.0M
+14.5%
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 Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana 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
$2,200,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,775,000
Current use
OFFICE BUILDING
$2,395,000
Change: +35% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,340,000
Change: +32% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,030,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$1,660,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $2.20M (Feb 27 2024)
Last sale anchor
$2.20M
Feb 27 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
$508 / 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
$13,718
Tax year 2024
Assessed value
$1,065,126
Assessed 2024
Previous assessed
$1,065,126
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$853,254
Assessed improvement
$211,872
Applied tax rate
11.0000
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
1959
Heating
NONE
Stories
2
Units
7
Total area
4,332 SF
Lot
0.16 ac (6,975 SF)
APN
010-273-29
UPID
US09-0254982
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1959
Heating
NONE
Stories
2
Units
7
Lot
0.16 ac
Current owner
From public records · entity-resolved
Matthew P Hoyt
Individual
Mailing address
1635 OHMS WAYA, COSTA MESA, CA 92627-4328
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
$2,200,000
Matthew P Hoyt
Pescador Drive LLC
Grant Deed
$1,319,000 · First Foundation Bank
Feb 14, 2006
—
Pescador Drive LLC
Edward Michael Bouc
Grant Deed
$837,000 · Luther Burbank Savings
Jul 1, 2005
—
Bouc Trust
Bouc,edward M
Quit Claim Deed
related
—
Oct 31, 2003
$1,330,000
Edward M Bouc
Rizio & Nelson INC
Grant Deed
$997,500 · United Commercial Bank
Jul 1, 2002
$775,000
Acacia-spinnaker LLC
Wingo Trust
Grant Deed
$581,250 · Luther Burbank Savings & Loan
—
—
Edward M Bouc
—
Deed Of Trust
related
$70,000 · Rizio Nelson INC
—
—
Pescador Drive LLC
—
Deed Of Trust
related
$1,510,000 · Mufg Union 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.
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