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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Apartment buildings
1882 Molino Ave Signal Hill, CA 90755-1133
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7014097
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
5,440 SF
Lot
0.13 ac (5,501 SF)
Zoning code
SHR3*
APN
7216-022-032
UPID
US09-7014097
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
$1.79M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$1.72M
Owner & transaction history
Malcolm W Andruss · 5 yrs held
Malcolm W Andruss
since 2021
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
SHR3* · Signal Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Title 20 ZONING
Top alternative use upside
Office building
$1.9M
+27.6%
Auto repair, garage
$1.7M
+14.0%
Retail stores
$1.5M
+1.3%
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 Signal Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Signal Hill 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
$1,620,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
$1,735,000
6.5%
$1,600,000
7%
$1,485,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,510,000
Current use
OFFICE BUILDING
$1,925,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,720,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$1,530,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,305,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.78M (May 10 2021)
Last sale anchor
$1.78M
May 10 2021
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
$315 / 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
$25,604
Tax year 2024
Assessed value
$1,888,949
Assessed 2024
Previous assessed
$1,888,949
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,167,328
Assessed improvement
$721,621
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
1964
Construction
WOOD
Heating
NONE
Cooling
YES
Units
4
Bathrooms
5
Total area
5,440 SF
Lot
0.13 ac (5,501 SF)
Zoning code
SHR3*
APN
7216-022-032
UPID
US09-7014097
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SHR3* · Signal Hill, CAZoning SHR3* · permitted uses
SHR3* · Signal Hill, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Title 20 ZONING
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
4
Bathrooms
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
Malcolm W Andruss
Individual
Mailing address
3922 PEONY DR, FALLBROOK, CA 92028-8818
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
$1,780,000
Malcolm W Andruss
Euctid Avenue Investments LLC
Grant Deed
—
Feb 16, 2017
—
Euclid Avenue Investments LLC
Imrie,robert C
Quit Claim Deed
—
Feb 1, 2017
—
Robert C Imrie
Euclid Avenue Investments LLC
Grant Deed
$546,000 · Rpm Mortgage INC
Jan 26, 2010
—
Euclid Avenue Investments LLC
Bene,thomas
Grant Deed
—
Dec 22, 2009
$815,000
Thomas Bene
Sacatar Properties LLC
Grant Deed
$611,250 · Bank Of America
Dec 22, 2009
—
Thomas Bene
Bene,elisa
Quit Claim Deed
—
Oct 6, 2009
—
Dauk Family Living Trust
Dauk,teri M
Quit Claim Deed
related
—
May 22, 2009
—
Teri M Dauk
Meadow Trust
Grant Deed
related
—
Apr 28, 2009
—
Meadow Trust
Kennedy Meadows LLC
Quit Claim Deed
—
Nov 4, 2005
—
Kennedy Meadows LLC
Meadow Trust
Quit Claim Deed
—
Dec 17, 2004
—
Larry K Dauk
Meadow Trust
Grant Deed
$400,000 · No Red Tape Mortgage
Aug 6, 2002
—
Dauk,teri M Tr
Dauk,t M
Quit Claim Deed
related
—
May 6, 2002
—
T Dauk
Dauk,l
Quit Claim Deed
related
—
Oct 15, 1996
—
Lawrence Dauk
Dauk,p L
Quit Claim Deed
related
—
Jul 7, 1995
—
Philip L Dauk
Alexander,g
Quit Claim Deed
related
—
Jul 7, 1995
$10,000
Dauk,philip L
Bennett Trust
Trustees Deed
related
$236,000 · Seller
Jul 6, 1992
—
Bennett William E Co Tr
—
Deed Of Trust
related
—
—
—
Dauk,tr
—
Deed Of Trust
related
$100,000 · Pacific Liberty Bank
—
—
Meadow,tr
—
Deed Of Trust
related
$150,000 · Pacific Liberty Bank
—
—
Meadow Trust
—
Deed Of Trust
related
$150,000 · Pacific Liberty 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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