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Property profile & analytics
OFF-MARKET
Estimated value
$4,020,000
Warehouses
1685 Toronto Way, Costa Mesa, CA 92626-1412
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3266675
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Total area
22,205 SF
Lot
1.26 ac (54,791 SF)
APN
139-652-08
UPID
US09-3266675
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
$5.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.02M
Owner & transaction history
Burtin,jorge & Rosalba Trust · 9 yrs held
Burtin,jorge & Rosalba Trust
since 2016
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,740,000
6.5%
$5,295,000
7%
$4,920,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,875,000
Current use
Blend value · Realmo final
$4.02M
Range $3.62M – $4.42M · ±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
$181 / 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
$70,453
Tax year 2024
Assessed value
$6,238,441
Assessed 2024
Previous assessed
$6,238,441
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$4,721,993
Assessed improvement
$1,516,448
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
1978
Heating
NONE
Stories
1
Total area
22,205 SF
Lot
1.26 ac (54,791 SF)
APN
139-652-08
UPID
US09-3266675
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
$5.9M
WAREHOUSE, STORAGE Current
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
1978
Heating
NONE
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Burtin,jorge & Rosalba Trust
Trust
Mailing address
2543 MONACO DR, LAGUNA BEACH, CA 92651-1008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Aug 18, 2016
$5,000,000
Burtin,jorge & Rosalba Trust
Gc3m Holdings LLC
Grant Deed
—
Dec 15, 2015
$4,128,000
Gc3m Holdings LLC
1685 Toronto Way LLC
Grant Deed
$2,063,970 · Bank Of The West
Aug 19, 2005
—
1685 Toronto Way LLC
Tunila Ptshp
Grant Deed
—
Sep 23, 1994
$958,000
Tunila Partnership
First Nationwide Bank
Grant Deed
related
$1,080,000 · Money Store Investment Corp
Mar 10, 1993
$872,975
First Nationwide Bank
Krogh,robert J
Trustees Deed
related
—
Jan 1, 1991
—
Western Accomodators Of Cali
Unknown
Grant Deed
related
—
—
—
Tunila Partnership
—
Deed Of Trust
related
$820,000 · Stancorp Mortgage Investors
—
—
Robert J Krogh
—
Deed Of Trust
related
$900,000 · California Federal Bank
—
—
Gc3m Holdings LLC
—
Deed Of Trust
related
$1,698,000 · Cdc Small Busn Fin
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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