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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Apartment buildings
1608 Calle Las Bolas San Clemente, CA 92672-4979
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3345998
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1929
Total area
4,602 SF
Lot
0.18 ac (8,012 SF)
APN
692-371-26
UPID
US09-3345998
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$860k
Owner & transaction history
Oc Property Shelter LLC · 7 yrs held
Oc Property Shelter LLC
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 San Clemente submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Clemente 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$187 / 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
$41,066
Tax year 2024
Assessed value
$4,050,532
Assessed 2024
Previous assessed
$4,050,532
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$3,663,715
Assessed improvement
$386,817
Applied tax rate
10.0000
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
1929
Heating
NONE
Stories
2
Units
17
Total area
4,602 SF
Lot
0.18 ac (8,012 SF)
APN
692-371-26
UPID
US09-3345998
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
1929
Heating
NONE
Stories
2
Units
17
Lot
0.18 ac
Current owner
From public records · entity-resolved
Oc Property Shelter LLC
Entity
Mailing address
620 NEWPORT CTR DR STE #200, NEWPORT BEACH, CA 92660-8002
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2019
$3,650,000
Oc Property Shelter LLC
Kirkeby,david M & Catherine A
Grant Deed
—
Jan 18, 1990
$945,000
Kirkeby David M
Coast Coast Acco
Trustees Deed
$614,250 · Western Financial Savings Bank
Jan 18, 1990
—
Coast Coast Acco
Ayoub Michael
Trustees Deed
related
—
Aug 2, 1988
$620,000
John Kennington
United Pacific
Trustees Deed
—
Aug 2, 1988
—
John Kennington
Kennington Steph
Quit Claim Deed
related
—
Aug 2, 1988
$800,000
Ayoub Michael
Kennington John
Trustees Deed
$575,000 · California Federal Bank
—
—
David M Kirkeby
—
Deed Of Trust
related
—
—
—
David M Kirkeby
—
Deed Of Trust
related
$15,000 · Horvath Gregg
—
—
David M Kirkeby
—
Deed Of Trust
related
$600,000 · Bank Of Internet USA
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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