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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Apartment buildings
13742 Milton Ave Westminster, CA 92683-2973
Individually Owned
3-yr Hold
Absentee Owner
Property ID
US10-3053286
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Total area
4,569 SF
Lot
0.34 ac (14,681 SF)
APN
203-311-09
UPID
US10-3053286
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
$2.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.33M
Owner & transaction history
Jack David · 3 yrs held
Jack David
since 2022
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+12.3%
Neighborhood: shopping center
$2.1M
+8.1%
Auto repair, garage
$2.0M
+2.8%
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$2,230,000
ML approach
$2,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,980,000
Current use
RETAIL STORES
$2,225,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,145,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,040,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,025,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$1,960,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10% · vs last sale $2.40M (Jul 27 2022)
Last sale anchor
$2.40M
Jul 27 2022
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
$510 / 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
$29,431
Tax year 2024
Assessed value
$2,448,000
Assessed 2024
Previous assessed
$2,448,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$408,000
Applied tax rate
20.0000
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
1979
Heating
NONE
Stories
2
Units
6
Total area
4,569 SF
Lot
0.34 ac (14,681 SF)
APN
203-311-09
UPID
US10-3053286
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1979
Heating
NONE
Stories
2
Units
6
Lot
0.34 ac
Current owner
From public records · entity-resolved
Jack David
Individual
Mailing address
1608 S 7TH ST, ALHAMBRA, CA 91803-3407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 27, 2022
—
Jack David
Homeland Properties LLC
Grant Deed
—
Jul 27, 2022
$2,400,000
Diamond City LLC
Jack David
Grant Deed
$500,000 · Bank Of The West
Mar 29, 2016
—
Homeland Properties LLC
Jack David
Grant Deed
$925,000 · Mufg Union Bank NA
Apr 8, 2014
—
Jack David
David,jack
Quit Claim Deed
related
—
Oct 18, 2013
—
Jack David
Homeland Properties LLC
Quit Claim Deed
—
May 16, 2006
—
Homeland Properties LLC
Homeland Properties LLC
Quit Claim Deed
related
$828,000 · Pacific Premier Bank
Jan 11, 2005
$1,275,000
Homeland Properties LLC
Nguyen,kevin H
Grant Deed
$700,000 · Bank Leumi USA
Aug 23, 1999
$450,000
Kevin H Nguyen
Nguyen,minh
Grant Deed
related
—
May 2, 1997
$181,000
Minh Nguyen
Choi,chan J & Bong W
Grant Deed
—
May 17, 1995
—
Clm Choi
Choi,
Quit Claim Deed
related
—
—
—
Kevin H Nguyen
—
Deed Of Trust
related
$600,000 · Washington Mutual Fsb
—
—
Homeland Properties LLC
—
Deed Of Trust
related
$750,000 · Santa Barbara Bank & Trust
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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