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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Turn key restaurants
1350 Tustin Ave Santa Ana, CA 92705-8617
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3103775
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Total area
11,001 SF
Lot
1.58 ac (68,861 SF)
APN
400-131-04
UPID
US10-3103775
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
-
Black Angus Steakhouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$882k
Blend (final)
Blend
$655k
Owner & transaction history
Galvez,karen L Living Trust · 7 yrs held
Galvez,karen L Living Trust
since 2019
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
Method
Estimation
Statistic approach
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$60 / 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
$47,361
Tax year 2024
Assessed value
$2,143,522
Assessed 2024
Previous assessed
$2,143,522
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$1,225,393
Assessed improvement
$918,129
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
11,001 SF
Lot
1.58 ac (68,861 SF)
APN
400-131-04
UPID
US10-3103775
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
1978
Heating
NONE
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Galvez,karen L Living Trust
Trust
Mailing address
3090 PULLMAN ST, COSTA MESA, CA 92626-5901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2021
—
1350 Tustin Partners LLC
—
Deed
related
$450,000 · Randoll A Wolf Trustee
Feb 21, 2019
—
Galvez,karen L Living Trust
Galvez,karen L
Quit Claim Deed
related
—
Dec 27, 2018
—
Nisson,william R Tr
Nisson,william R
Quit Claim Deed
related
—
Aug 15, 2017
—
Linda L Felix
Felix,linda L
Quit Claim Deed
related
—
Aug 14, 2013
—
Galvez,karen L Trust
Nisson,karen L
Quit Claim Deed
related
—
Dec 31, 2007
—
Beldomfia Properties LLC
Oppenheimer Menlo Associates
Grant Deed
—
Dec 31, 2007
$25,000
D & D Ventures LLC
Beldomfia Properties LLC
Grant Deed
—
Feb 3, 2005
—
Nisson Richard & V Trust
Nisson Richard & V Trust
Quit Claim Deed
related
—
—
—
D & D Ventures LLC
—
Deed Of Trust
related
$895,000 · Gregg Family Trust
—
—
Arg Property Management Corp
—
Deed Of Trust
related
$3,000,000 · Pecus Arg Parallel LLC
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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