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Property profile & analytics
OFF-MARKET
Showrooms
1404 Commonwealth Ave, Fullerton, CA 92833-2726
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US09-0273565
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1924
Total area
1,186 SF
Lot
0.16 ac (6,875 SF)
APN
031-132-04
UPID
US09-0273565
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
-
Park Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Quintero's Tires Auto Parts Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
R J Plett · 17 yrs held
R J Plett
since 2009
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
—
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
$849
Tax year 2024
Assessed value
$42,590
Assessed 2024
Previous assessed
$42,590
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$21,937
Assessed improvement
$20,653
Applied tax rate
3.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1924
Heating
NONE
Stories
1
Total area
1,186 SF
Lot
0.16 ac (6,875 SF)
APN
031-132-04
UPID
US09-0273565
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
1924
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
R J Plett
Individual
Mailing address
1404 W COMMONWEALTH AVE, FULLERTON, CA 92833-2726
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2009
$610,000
R J Plett
Mirzakhanian,fredrick
Grant Deed
—
Jun 4, 2008
—
Fredrick Mirzakhanian
—
Trustees Deed
related
$140,000 · Gagik Gharabegi
Jan 24, 2002
$400,000
Frederick Mirzakhanian
Abed,imad
Grant Deed
$300,000 · Comerica Bank California
Aug 18, 2000
—
Imad Abed
Abed,
Quit Claim Deed
related
—
Aug 18, 2000
$83,000
Abed,imad
Kirkpatrick,janis L
Trustees Deed
related
$110,000 · Lawrence Gershon Ira#68-682600
Mar 2, 2000
$223,000
Imad Abed
Kirkpatrick,janis L
Grant Deed
$193,000 · Seller
Nov 19, 1996
$100,000
Dennis L Kirkpatrick
Conner Trust
Grant Deed
$90,000 · Seller
Aug 2, 1995
—
Cecil Conner
Conner,
Quit Claim Deed
related
—
—
—
Fredrick Mirzakhanian
—
Deed Of Trust
related
$44,700 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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