New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Apartment buildings
15662 B St, Tustin, CA 92780-4380
Entity Owned
8-yr Hold
Absentee Owner
Property ID
US09-1682087
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
7,610 SF
Lot
0.38 ac (16,393 SF)
APN
402-331-22
UPID
US09-1682087
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
-
Leah Watson Employment Agency
-
Camila's Daycare Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Casadecarlil LLC · 8 yrs held
Casadecarlil LLC
since 2017
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 Tustin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tustin 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
$172 / 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
$16,151
Tax year 2024
Assessed value
$1,177,769
Assessed 2024
Previous assessed
$1,177,769
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$786,487
Assessed improvement
$391,282
Applied tax rate
13.0000
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
1970
Heating
NONE
Stories
2
Units
11
Total area
7,610 SF
Lot
0.38 ac (16,393 SF)
APN
402-331-22
UPID
US09-1682087
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
1970
Heating
NONE
Stories
2
Units
11
Lot
0.38 ac
Current owner
From public records · entity-resolved
Casadecarlil LLC
Entity
Mailing address
45325 SAGE LN UNIT #6, HOLTVILLE, CA 92250
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
May 5, 2021
—
Casa Decarlil LLC
—
Deed
related
$1,350,000 · Jpmorgan Chase Bank NA
Sep 14, 2017
—
Casadecarlil LLC
Waterman Family Trust
Quit Claim Deed
$1,250,000 · Jp Morgan Chase Bk
Jun 27, 2014
$550,000
Casadecarlil LLC
Fred V Waterman
Grant Deed
$850,000 · Nuvision Financial FCU
Jun 4, 2013
—
Casadecarlil LLC
Lebanoff M & C Trust
Quit Claim Deed
related
—
Mar 13, 2013
—
M & C Lebanoff Management Trust
Lebanoff Maurice & C Trust
Quit Claim Deed
related
—
Oct 27, 2004
—
Lebanoff Maurice & C Trust
Lebanoff,maurice & Carole
Quit Claim Deed
related
—
Dec 18, 1996
—
Fred Waterman
Waterman,
Quit Claim Deed
related
—
Dec 29, 1995
—
Maurice Lebanoff
Casa,
Quit Claim Deed
related
—
—
—
De Car Lil Casa
—
Deed Of Trust
related
$535,000 · Fidelity Federal Bank
—
—
Casadecarlil LLC
—
Deed Of Trust
related
$1,250,000 · Jp Morgan Chase Bk
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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