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Property profile & analytics
FOR SALE
Retail space
1712 Santa Ana Ave Costa Mesa, CA 92627
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3081018
For Sale
1 / 4
$510,000
1712 Santa Ana Ave, Costa Mesa, CA 92627
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
2,561 SF
Lot
0.33 ac (14,546 SF)
APN
425-011-10
UPID
US09-3081018
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
-
Eastside Mini-Mart Grocery & Convenience Store
-
Parolli Rolli Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$497k
Blend (final)
Blend
$510k
Owner & transaction history
William H Edwards · 3 yrs held
William H Edwards
since 2023
Last sale
$510,000
6 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
$570,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (May 5 2023)
Last sale anchor
$510k
May 5 2023
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
$199 / 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
$11,134
Tax year 2024
Assessed value
$967,152
Assessed 2024
Previous assessed
$967,152
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$537,230
Assessed improvement
$429,922
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1963
Heating
NONE
Stories
1
Units
2
Total area
2,561 SF
Lot
0.33 ac (14,546 SF)
APN
425-011-10
UPID
US09-3081018
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
1963
Heating
NONE
Stories
1
Units
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
William H Edwards
Individual
Free & Clear · 3 yrs held
Mailing address
268 REVERE WAY, NEWPORT BEACH, CA 92660-6160
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
—
William H Edwards
William H Edwards
Intrafamily Transfer
related
—
Aug 25, 2009
—
Edwards W H & J M Living Trust
Edwards W H Living Trust
Quit Claim Deed
related
—
Mar 28, 2003
—
William Edwards
Edwar
Quit Claim Deed
related
—
Nov 23, 1988
$510,000
William Edwards
Venture Partners
Trustees Deed
$150,000 · Investors Thrift
Nov 23, 1988
$269,500
Jacques Mark
Brandy Robert
Trustees Deed
related
—
Nov 23, 1988
—
Venture Partners
Jacques Mark
Grant 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.
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