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Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Apartment buildings
12132 Chapman Ave Garden Grove, CA 92840-3755
Trust Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3012049
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Total area
22,608 SF
Lot
0.97 ac (42,427 SF)
APN
231-331-08
UPID
US09-3012049
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
-
Chapman Village West Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.78M
Owner & transaction history
Sells,christine E M Trust · 8 yrs held
Sells,christine E M Trust
since 2018
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 Garden Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden Grove 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
$123 / 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
$23,705
Tax year 2024
Assessed value
$1,447,222
Assessed 2024
Previous assessed
$1,447,222
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$612,517
Assessed improvement
$834,705
Applied tax rate
18.0000
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
1973
Heating
NONE
Stories
2
Units
22
Total area
22,608 SF
Lot
0.97 ac (42,427 SF)
APN
231-331-08
UPID
US09-3012049
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
1973
Heating
NONE
Stories
2
Units
22
Lot
0.97 ac
Current owner
From public records · entity-resolved
Sells,christine E M Trust
Trust
Free & Clear · 8 yrs held
Mailing address
135 S CHAPARRAL CT STE #200, ANAHEIM, CA 92808-2264
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2018
—
Sells,christine E M Trust
Barnett Family Trust
Quit Claim Deed
related
—
Dec 26, 2017
—
Sells,christine E M Trust
Barnett Family Trust
Quit Claim Deed
related
—
Dec 4, 2015
—
Larue Frey
Larue Frey INC
Quit Claim Deed
—
Oct 16, 2013
—
Mary A Barnett
Barnett,pernel G
Affidavit Of Death
related
—
Jun 22, 2001
—
Michael Barnett
Barne
Quit Claim Deed
related
—
Jun 22, 2001
$25,500
Barnett Trust
Barnett Trust
Grant Deed
related
—
May 24, 1993
—
Barnett,trust
Ipson,david K &
Quit Claim Deed
related
—
Dec 16, 1988
$17,000
Michael Barnett
Ipson David K
Quit Claim Deed
—
Dec 16, 1988
$25,500
P G Barnett
Ipson David K
Quit Claim Deed
related
—
Dec 1, 1988
$17,000
Barnett Pg
Ipson David K
Quit Claim Deed
related
—
Dec 1, 1988
$26,000
Barnett P G
Ipson David
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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