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Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Flex space
1861 Reynolds Ave Irvine, CA 92614-5713
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-3146946
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1969
Total area
12,125 SF
Lot
0.7 ac (30,614 SF)
APN
430-092-07
UPID
US10-3146946
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
-
Irvine Hindu Mandir Temple
-
Bhagavad Gita classes Association Or Organization
-
United Indian American Association Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
David Davidson · 1 yrs held
David Davidson
since 2024
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 Irvine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvine 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%
$2,615,000
6.5%
$2,410,000
7%
$2,240,000
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±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
$183 / 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
$18,574
Tax year 2024
Assessed value
$2,197,250
Assessed 2024
Previous assessed
$2,197,250
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,663,637
Assessed improvement
$533,613
Applied tax rate
26.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
12,125 SF
Lot
0.7 ac (30,614 SF)
APN
430-092-07
UPID
US10-3146946
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
1969
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
David Davidson
Individual
Mailing address
428 OLD NEWPORT BLVD, NEWPORT BEACH, CA 92663-4211
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
—
David Davidson
Hande Gulkaya
Grant Deed
$3,350,000 · Calprivate Bank
Dec 1, 2023
—
David T Davutoglu
—
Deed
related
$3,347,500 · Quinn Enterprises LP
May 13, 2013
$1,820,000
David T Davutoglu
Asv LLC
Grant Deed
$999,999 · Us Bank NA
May 13, 2013
—
David T Davutoglu
Sandy Hande Gulkaya
Intrafamily Transfer
related
—
Sep 2, 2004
$1,550,000
Asv LLC
Lee,hsien Y
Grant Deed
—
Sep 2, 2004
—
Kirk K C Wei
Wei,pauline P
Quit Claim Deed
related
$1,050,000 · American Business Bank
Jul 31, 2002
—
Lawrence Supply
Lw
Grant Deed
related
—
Nov 26, 2001
—
Global Lw
Lw
Quit Claim Deed
related
—
Jan 5, 2000
$1,000,000
L & W Supply Global INC
Yashiro Trust
Grant Deed
$750,000 · General Bank
Sep 23, 1996
—
Mitsuhiro Yashiro
Yashiro,
Quit Claim Deed
related
—
May 10, 1993
$263,000
Morrison,mel & Maxine
Irvine Co
Trustees Deed
—
May 10, 1993
$606,000
Yashiro,mitsuhiro & Nobuko
Morrison,mel & M
Trustees Deed
$400,000 · Wells Fargo Bank
—
—
L & W Supply Global INC
—
Deed Of Trust
related
$300,000 · General Bank
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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