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Property profile & analytics
OFF-MARKET
Office Spaces
17662 Irvine Blvd Ste 19, Tustin, CA 92780-3133
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0266820
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1972
Total area
381 SF
Lot
0.02 ac (666 SF)
APN
938-470-19
UPID
US09-0266820
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rasr Holdings LLC · 4 yrs held
Rasr Holdings LLC
since 2021
Last sale
$315,000
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
—
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
$2,266
Tax year 2024
Assessed value
$163,863
Assessed 2024
Previous assessed
$163,863
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$137,333
Assessed improvement
$26,530
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1972
Heating
NONE
Total area
381 SF
Lot
0.02 ac (666 SF)
APN
938-470-19
UPID
US09-0266820
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
1972
Heating
NONE
Lot
0.02 ac
Current owner
From public records · entity-resolved
Rasr Holdings LLC
Entity
Mailing address
17662 IRVINE BLVD STE #18, TUSTIN, CA 92780-3133
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
$315,000
Rasr Holdings LLC
Wassem Alkhaldi
Grant Deed
$300,000 · Jpmorgan Chase Bank NA
Sep 24, 2018
—
Wassem Alkhaldi
Janice Ronquillo
Quit Claim Deed
related
$125,000 · Matles Holly & David F/tr (pt)
Sep 24, 2018
$150,000
Wassem Alkhaidi
Matles Holly & David F/tr
Grant Deed
$125,000 · Matles Holly & David F/tr (pt)
Mar 17, 2016
—
Matles,holly & David Family Trust
Spencer Holdings LLC
Quit Claim Deed
related
—
Jun 1, 2006
$285,000
Spencer Holdings LLC
Jcm Real Estate LLC
Grant Deed
$200,000 · Ardis Zander
Dec 20, 2005
—
Jcm Real Estate LLC
Machkoff,jeffrey C
Grant Deed
related
—
Sep 13, 2005
—
Jcm Real Estate LLC
Machkoff,jefferey C
Quit Claim Deed
related
—
Aug 4, 2005
—
Don C Everett
Everett,barbara J
Quit Claim Deed
related
—
Aug 4, 2005
$344,000
Jefferey C Machkoff
Everett,don C
Grant Deed
$171,850 · Wells Fargo Bank
Sep 26, 1996
$44,500
Don C Everett
University,loma L
Grant Deed
—
May 11, 1993
—
Loma Linda University
Himes,james R &
Grant Deed
related
—
—
—
Spencer Holdings LLC
—
Deed Of Trust
related
$75,000 · Zander Paul C III & A H Trust
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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