New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,375,000
Warehouses
1635 Superior Ave, Costa Mesa, CA 92627-3624
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2179078
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Total area
17,100 SF
Lot
1.18 ac (51,570 SF)
APN
424-291-03
UPID
US09-2179078
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
-
DSC Performance Gym & Fitness Center
-
RHAPSODAY Home Furnishings Home Decor Store Department Store
-
Model Glass & Mirror General Contractor Renovation Specialist
-
Anti-Aging Testosterone and HGH Therapy Clinic Medical Clinic
-
RCI Collection Big Box & Wholesale Store Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.78M
CAP Approach
CAP
$4.08M
Comparable Approach
Comparable
$6.27M
Blend (final)
Blend
$6.38M
Owner & transaction history
Superior 1635cm LLC · 5 yrs held
Superior 1635cm LLC
since 2021
Last sale
$6.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.4M
+130.9%
Commercial (general)
$10.4M
+128.8%
Apartment house (5+ units)
$8.2M
+81.2%
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$8,130,000
ML approach
$7,780,000
CAP Approach
CAP Return
Estimation
6%
$4,420,000
6.5%
$4,080,000
7%
$3,790,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,525,000
Current use
RETAIL STORES
$10,445,000
Change: +131% · Conversion: Moderate
COMMERCIAL (GENERAL)
$10,350,000
Change: +129% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,195,000
Change: +81% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,020,000
Change: +77% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,630,000
Change: +69% · Conversion: Easy
Blend value · Realmo final
$6.38M
Range $5.74M – $7.01M · ±10% · vs last sale $6.00M (Mar 3 2021)
Last sale anchor
$6.00M
Mar 3 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
$373 / 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
$71,253
Tax year 2024
Assessed value
$6,367,248
Assessed 2024
Previous assessed
$6,367,248
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$5,518,282
Assessed improvement
$848,966
Applied tax rate
15.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Total area
17,100 SF
Lot
1.18 ac (51,570 SF)
APN
424-291-03
UPID
US09-2179078
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
WAREHOUSE, STORAGE Current
Est. value
$4.5M
RETAIL STORES
Est. value
$10.4M
COMMERCIAL (GENERAL)
Est. value
$10.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$7.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1971
Heating
NONE
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Superior 1635cm LLC
Entity
Mailing address
1635 SUPERIOR AVE STE #9, COSTA MESA, CA 92627-3624
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2021
$6,000,000
Superior 1635cm LLC
1635 Superior LLC
Grant Deed
$3,000,000 · 1635 Superior LLC
Feb 20, 2018
$4,800,000
1635 Superior LLC
Woods Trust A
Grant Deed
—
Feb 20, 2018
—
Woods Trust A
Bari,kathryn W
Quit Claim Deed
related
—
Oct 18, 2017
—
Kathryn W Bari
Woods Trust A
Quit Claim Deed
related
—
May 15, 2015
—
Woods Trust A
Woods Robert D & J A Trust
Quit Claim Deed
related
—
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 1635 Superior Ave?
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.
