Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Community centers
1202 Standard Ave Santa Ana, CA 92707-1420
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2145231
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1960
Total area
10,490 SF
Lot
1.21 ac (52,559 SF)
APN
014-221-50
UPID
US09-2145231
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
-
Mercado Carniceria Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.36M
Owner & transaction history
Elan Horizon INC · 9 yrs held
Elan Horizon INC
since 2017
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$129 / 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
$64,555
Tax year 2024
Assessed value
$5,006,447
Assessed 2024
Previous assessed
$5,006,447
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$3,641,055
Assessed improvement
$1,365,392
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1960
Heating
NONE
Stories
1
Units
8
Total area
10,490 SF
Lot
1.21 ac (52,559 SF)
APN
014-221-50
UPID
US09-2145231
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
1960
Heating
NONE
Stories
1
Units
8
Lot
1.21 ac
Current owner
From public records · entity-resolved
Elan Horizon INC
Entity
Mailing address
2271 W MALVERN AVE #354, FULLERTON, CA 92833-2106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Elan Horizon INC
—
Deed
related
$2,385,000 · Commercial Bank Of Ca
Dec 11, 2017
—
Superior Ranch Market INC
—
Deed
related
$200,000 · Nuno Brothers INC
Jul 20, 2017
—
Elan Horizon INC
—
Deed
related
—
Jun 27, 2017
—
Elan Horizon INC
—
Deed
related
$2,780,000 · Bank Of Hope
Jun 16, 2017
$5,000,000
Elan Horizon INC
Nuno,raul
Grant Deed
$2,780,000 · Bank Of Hope
Apr 11, 1991
$1,600,000
Raul Nuno
Pacific Financia
Grant Deed
$900,000 · American International Bank
—
—
Raul Nuno
—
Deed Of Trust
related
$1,550,000 · Lorenzo Flores
—
—
Raul Nuno
—
Deed Of Trust
related
$780,000 · East West Bank
—
—
Raul Nuno
—
Deed Of Trust
related
$1,425,000 · East West Bank
—
—
Elan Horizon INC
—
Loan Modification
related
—
—
—
Elan Horizon INC
—
Deed Of Trust
related
$2,780,000 · Bank Of Hope
—
—
Superior Ranch Market INC
—
Deed Of Trust
related
$200,000 · Nuno Brothers INC
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 1202 Standard Ave?
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.
