Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Commercial real estate
18051 Irvine Blvd Tustin, CA 92780-3308
Entity Owned
~
Est. High Equity
Property ID
US09-1895194
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Total area
5,133 SF
Lot
0.21 ac (9,005 SF)
APN
401-161-07
UPID
US09-1895194
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
-
George Jaramillo Law Offices Law Firm
-
One Legal Inc Law Firm
-
Smith & Associates Financial Services Tax Preparation
-
G & S Myers Corporation Tax Preparation
-
Larson Communications Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$839k
Blend (final)
Blend
$1.31M
Owner & transaction history
18051 Irvine Blvd LLC
18051 Irvine Blvd LLC
since 2025
Last sale
$1.4M
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,335,000
7%
$1,235,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,080,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.40M (Dec 11 2025)
Last sale anchor
$1.40M
Dec 11 2025
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
$254 / 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
$17,914
Tax year 2024
Assessed value
$1,580,944
Assessed 2024
Previous assessed
$1,580,944
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,112,026
Assessed improvement
$468,918
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1965
Heating
NONE
Stories
2
Total area
5,133 SF
Lot
0.21 ac (9,005 SF)
APN
401-161-07
UPID
US09-1895194
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)
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
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
1965
Heating
NONE
Stories
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
18051 Irvine Blvd LLC
Entity
Mailing address
18051 IRVINE BLVD, TUSTIN, CA 92780-3308
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
$1,400,000
18051 Irvine Blvd LLC
G & S Myers Corporation
Grant Deed
$1,590,500 · Commercial Bank Of Ca
Oct 27, 2022
—
G & S Myers Corporation
—
Deed
related
$489,904 · Bank Of The West
Nov 15, 2006
—
G & S Myers Corp
G & S Myers
Grant Deed
$400,000 · Wells Fargo Bank NA
Mar 24, 2006
—
G & S Myers Corp
Myers & Bernbrock Accountancy
Quit Claim Deed
$500,000 · Comerica Bank
Sep 29, 1995
$385,000
Myers Accountancy
Ure,david G & Patricia J
Grant Deed
$200,000 · Bank Of Yorba Linda
Feb 11, 1994
$250,000
David G Ure
Garrett,kenneth
Grant Deed
—
—
—
Myers Accountancy
—
Deed Of Trust
related
$160,000 · Cdc Small Business Finance Co
—
—
David G Ure
—
Deed Of Trust
related
$250,000 · U S Funding
—
—
David G Ure
—
Deed Of Trust
related
$300,000 · Tokai Bank California
—
—
G & S Myers Corp
—
Deed Of Trust
related
$666,000 · Bank Of The West
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 18051 Irvine Blvd?
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.
