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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Apartment buildings
177 Clf Dr Laguna Beach, CA 92651
Trust Owned
9-yr Hold
Property ID
US09-0095808
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1951
Total area
2,790 SF
Lot
0.1 ac (4,201 SF)
APN
496-012-15
UPID
US09-0095808
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
$510k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$820k
Owner & transaction history
Coward,douglas L & Nancy L Trust · 9 yrs held
Coward,douglas L & Nancy L Trust
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+25.5%
Neighborhood: shopping center
$1.3M
+20.8%
Office building
$1.3M
+15.3%
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 Laguna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Beach 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
$510,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,085,000
Current use
RETAIL STORES
$1,360,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,250,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,245,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$294 / 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
$26,373
Tax year 2024
Assessed value
$2,130,366
Assessed 2024
Previous assessed
$2,130,366
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,998,649
Assessed improvement
$131,717
Applied tax rate
5.0000
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
1951
Heating
NONE
Stories
2
Units
5
Total area
2,790 SF
Lot
0.1 ac (4,201 SF)
APN
496-012-15
UPID
US09-0095808
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1951
Heating
NONE
Stories
2
Units
5
Lot
0.1 ac
Current owner
From public records · entity-resolved
Coward,douglas L & Nancy L Trust
Trust
Mailing address
PO BOX 1142, LA JOLLA, CA 92038-1142
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2017
—
Coward,douglas L & Nancy L Trust
Coward Douglas L & N L Trust
Quit Claim Deed
related
—
Nov 30, 2012
—
Douglas L Coward
The Cal Re 2 Limited Partnership
Grant Deed
$600,000 · Wells Fargo Bank NA
Dec 19, 2011
—
Cal Re 2 LP
Coward Douglas L & N L Trust
Quit Claim Deed
related
—
Jul 8, 2005
—
Coward Douglas L & N L Trust
Coward,douglas L & Nancy L
Quit Claim Deed
related
—
Jul 6, 2005
$1,900,000
Douglas L Coward
Mike Kamali Massoud
Grant Deed
$650,000 · National City Mortgage
May 4, 2004
$1,675,000
Massoud M Kamali
Riggio,michael B
Grant Deed
$1,088,750 · Standard Bank
Oct 20, 1999
$387,500
Michael B Riggio
Anderson Family Partnership
Grant Deed
related
$100,000 · Alliance Exchange Group INC
Jan 28, 1994
$449,500
Anderson Family Ptshp
Baron,alan L & J
Grant Deed
$312,900 · Home Savings Of America
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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