Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,345,000
Apartment buildings
136 Clf Dr Laguna Beach, CA 92651-4307
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-1395735
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Total area
11,588 SF
Lot
0.32 ac (13,741 SF)
APN
496-093-20
UPID
US09-1395735
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
$9.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.37M
Blend (final)
Blend
$9.35M
Owner & transaction history
2226 Indian School LLC · 5 yrs held
2226 Indian School LLC
since 2021
Last sale
$9.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.7M
+138.0%
Restaurant
$7.9M
+75.7%
Retail stores
$5.6M
+25.5%
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 Laguna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna 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
Method
Estimation
Statistic approach
$10,570,000
ML approach
$9,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,710,000
Change: +138% · Conversion: Moderate
RESTAURANT
$7,905,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$5,645,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$9.35M
Range $8.41M – $10.28M · ±10% · vs last sale $9.80M (Mar 8 2021)
Last sale anchor
$9.80M
Mar 8 2021
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
$806 / 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
$116,173
Tax year 2024
Assessed value
$10,399,838
Assessed 2024
Previous assessed
$10,399,838
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$9,869,234
Assessed improvement
$530,604
Applied tax rate
5.0000
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
1954
Heating
NONE
Units
17
Total area
11,588 SF
Lot
0.32 ac (13,741 SF)
APN
496-093-20
UPID
US09-1395735
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
COMMERCIAL (GENERAL)
Est. value
$10.7M
RESTAURANT
Est. value
$7.9M
RETAIL STORES
Est. value
$5.6M
COMMERCIAL (GENERAL)
RESTAURANT
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
1954
Heating
NONE
Units
17
Lot
0.32 ac
Current owner
From public records · entity-resolved
2226 Indian School LLC
Entity
Mailing address
5491 E SORRENTO DR, LONG BEACH, CA 90803-3627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 14, 2021
—
2226 Indian School LLC
—
Deed
related
$4,750,000 · Pacific Western National Bank
Mar 8, 2021
—
2226 Indian School LLC
Laguna Beach Investment LLC
Quit Claim Deed
related
—
Nov 13, 2020
$9,800,000
2226 Indian School LLC
Laguna Beach Investment LLC
Grant Deed
$1,900,000 · 3639 2nd Street LLC
Jun 25, 2019
—
Laguna Beach Investments LLC
Hawk,renee L
Quit Claim Deed
—
Dec 7, 2018
—
Renee L Hawk
Woock Family Trust
Quit Claim Deed
related
—
Dec 15, 2003
—
Woock,tr
Woock,tr
Quit Claim Deed
related
—
Apr 17, 2002
—
Barbara Woock
Woock
Quit Claim Deed
related
—
Mar 15, 1994
—
Robert Woock
Woock,
Quit Claim Deed
related
—
—
—
Robert Woock
—
Deed Of Trust
related
$218,750 · World Savings & Loan
—
—
Woock Family Trust A
—
Deed Of Trust
related
$265,000 · World Savings
—
—
Woock Family Trust A
—
Deed Of Trust
related
$625,000 · World Savings
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 136 Clf Dr?
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.
