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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Community centers
1150 Irvine Ave Newport Beach, CA 92660-4603
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-2182588
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1964
Total area
27,900 SF
Lot
0.64 ac (27,905 SF)
APN
425-061-08
UPID
US09-2182588
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Starbucks Cafe & Coffee Shop
-
Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Kiosk
-
Western Union Bank Credit Union
-
Ralphs Fresh Fare Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.29M
Owner & transaction history
Mrs Goods Natural Food Markets INC
Mrs Goods Natural Food Markets INC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Newport Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$154 / 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
$33,527
Tax year 2024
Assessed value
$1,697,681
Assessed 2024
Previous assessed
$1,697,681
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$792,216
Assessed improvement
$905,465
Applied tax rate
7.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
27,900 SF
Lot
0.64 ac (27,905 SF)
APN
425-061-08
UPID
US09-2182588
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
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Mrs Goods Natural Food Markets INC
Entity
Free & Clear · 0 yrs held
Mailing address
P #2450, NEWPORT BEACH, CA 92658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 17, 2025
—
Mrs Goods Natural Food Markets INC
Westcliff Plaza Retail LLC
Deed
—
Feb 8, 2022
—
Westcliff Plaza Retail LLC
The Irvine Company LLC
Grant Deed
—
Dec 3, 2021
$1,520,500
Mathew Dugally
Ms 36 Development LLC
Grant Deed
$1,100,000 · Mufg Union Bank NA
Dec 3, 2021
—
Mathew Dugally
Laura Elizabeth Dahlman
Intrafamily Transfer
related
—
Nov 12, 2021
$1,288,000
Heather Ann O'shea
Ms 36 Development LLC
Grant Deed
$901,432 · Equinox Lending
Jul 30, 2012
—
Irvine Co LLC
—
Deed Of Trust
related
$36,000,000 · Connecticut General Life Ins
—
—
Irvine Co
—
Deed Of Trust
related
$5,900,000 · John Hancock Mutual Life Ins
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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