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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Apartment buildings
1909 Myrtle St Santa Ana, CA 92703-4319
Trust Owned
10-yr Hold
Absentee Owner
Property ID
US09-0202880
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1957
Total area
4,500 SF
Lot
0.16 ac (7,156 SF)
APN
007-342-18
UPID
US09-0202880
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
$1.16M
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$1.14M
Owner & transaction history
Garavito Family Living Trust · 10 yrs held
Garavito Family Living Trust
since 2015
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%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,845,000
Current use
RETAIL STORES
$1,725,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$253 / 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
$15,019
Tax year 2024
Assessed value
$1,205,803
Assessed 2024
Previous assessed
$1,205,803
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,049,487
Assessed improvement
$156,316
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
1957
Heating
NONE
Stories
2
Units
6
Total area
4,500 SF
Lot
0.16 ac (7,156 SF)
APN
007-342-18
UPID
US09-0202880
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
$1.8M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1957
Heating
NONE
Stories
2
Units
6
Lot
0.16 ac
Current owner
From public records · entity-resolved
Garavito Family Living Trust
Trust
Mailing address
1722 W CIVIC CTR DR, SANTA ANA, CA 92703-2944
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jul 18, 2016
—
Jose L Garavito
—
Deed
related
$510,000 · Jpmorgan Chase Bank NA
Jul 30, 2015
—
Garavito Family Living Trust
Garavito,jose
Quit Claim Deed
related
—
Aug 17, 2005
$900,000
Jose Garavito
Tran,alan D
Grant Deed
$555,000 · East West Bank
Aug 17, 2005
—
Jose Garavito
Roman,angelica
Grant Deed
related
—
Sep 4, 2003
—
Bich C Tran
Web Services Co INC
Quit Claim Deed
related
—
Sep 4, 2003
$550,000
Alan D Tran
Tran,bich C
Grant Deed
related
$347,000 · Washington Mutual Fsb
Oct 30, 2002
—
Camie Duong
Duong
Quit Claim Deed
related
—
Oct 30, 2002
$485,000
Bich C Tran
Do,huong T
Grant Deed
$335,000 · Far East National Bank
Apr 1, 1999
$574,000
Huong T Do
Barbu,george & Myo H
Grant Deed
$373,000 · United Commercial Bank
—
—
George Barbu
—
Deed Of Trust
related
$15,000 · Individual
—
—
Jose Garavito
—
Deed Of Trust
related
$530,000 · Washington Mutual Fsb
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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