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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Apartment buildings
1901 Bush St Santa Ana, CA 92706-2828
Individually Owned
13-yr Hold
Absentee Owner
Property ID
US09-2571177
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Total area
7,670 SF
Lot
0.26 ac (11,254 SF)
APN
003-141-22
UPID
US09-2571177
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
$1.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Troy R Barnett · 13 yrs held
Troy R Barnett
since 2012
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 Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana 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%
$2,055,000
6.5%
$1,895,000
7%
$1,760,000
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$199 / 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
$21,865
Tax year 2024
Assessed value
$1,702,263
Assessed 2024
Previous assessed
$1,702,263
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,086,554
Assessed improvement
$615,709
Applied tax rate
11.0000
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
1968
Heating
NONE
Stories
2
Units
11
Total area
7,670 SF
Lot
0.26 ac (11,254 SF)
APN
003-141-22
UPID
US09-2571177
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
1968
Heating
NONE
Stories
2
Units
11
Lot
0.26 ac
Current owner
From public records · entity-resolved
Troy R Barnett
Individual
Mailing address
30212 TUNIS STE #200, ALISO VIEJO, CA 92698-0001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2018
—
Troy R Barnett
—
Deed
related
$1,555,000 · Luther Burbank Savings
Dec 21, 2012
$1,410,000
Troy R Barnett
James P Colombo
Grant Deed
$1,057,500 · Jpmorgan Chase Bank NA
Jan 10, 2012
—
Jerry L Moses
Jerry L Moses
Intrafamily Transfer
related
$900,000 · Jpmorgan Chase Bank NA
Dec 21, 2007
—
Tk Estates LLC
Muradian,todd & Karina
Grant Deed
—
Feb 21, 2007
$1,367,000
James P Colombo
High Sierra Properties
Grant Deed
$875,000 · Washington Mutual Bank
Feb 24, 2004
—
High Sierra Properties
High Sierra Properties
Quit Claim Deed
related
$750,000 · Pacific Premier Bank
Dec 10, 1999
—
Sierra Prop High
Hsieh,
Quit Claim Deed
related
—
Jun 12, 1995
—
Hsieh Family
Hsieh,
Quit Claim Deed
related
—
Jun 11, 1993
$12,000
Robert Y Hsieh
Metzger Trust
Grant Deed
related
—
Apr 13, 1989
$705,000
Metzger Norman M
Southern Empire
Trustees Deed
$445,000 · Great Western Bank
Apr 13, 1989
—
Exchanged Titles
Siegel Rivka
Trustees Deed
related
—
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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