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Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Apartment buildings
1993 Church St Costa Mesa, CA 92627-2258
Entity Owned
Property ID
US09-2986982
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
7,635 SF
Lot
0.29 ac (12,606 SF)
APN
426-262-08
UPID
US09-2986982
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
$5.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.95M
Blend (final)
Blend
$5.49M
Owner & transaction history
1993 Church LLC
1993 Church LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+42.4%
Industrial (general)
$4.9M
+33.2%
Retail stores
$4.7M
+27.5%
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$5,750,000
ML approach
$5,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,660,000
Current use
RESTAURANT
$5,210,000
Change: +42% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,875,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$4,665,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,620,000
Change: +26% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,580,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,405,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±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
$718 / 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
$53,103
Tax year 2024
Assessed value
$4,600,336
Assessed 2024
Previous assessed
$4,600,336
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$4,069,732
Assessed improvement
$530,604
Applied tax rate
15.0000
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
1960
Heating
NONE
Stories
2
Units
12
Total area
7,635 SF
Lot
0.29 ac (12,606 SF)
APN
426-262-08
UPID
US09-2986982
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
$3.7M
RESTAURANT
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
RETAIL STORES
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1960
Heating
NONE
Stories
2
Units
12
Lot
0.29 ac
Current owner
From public records · entity-resolved
1993 Church LLC
Entity
Mailing address
PO BOX 2013, NEWPORT BEACH, CA 92659-1013
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
1993 Church LLC
Rvvp LLC
Grant Deed
$3,800,000 · The Golden 1 Cu
Apr 1, 2024
$5,750,000
Rvvp LLC
Church Holdco LLC
Grant Deed
$4,550,000 · Fidelity Bancorp Funding INC
Mar 21, 2023
—
Church Holdco LLC
—
Deed
related
$3,650,000 · First Republic Bank
May 11, 2022
—
Church Holdco LLC
—
Deed
related
$500 · Sunday Capital Mp Loan Sales LLC
Dec 10, 2020
$4,335,000
Church Holdco LLC
Bjormad Bh LLC
Grant Deed
$3,262,500 · Fidelity Bridge Loans LLC
Aug 6, 2014
$3,250,000
Bjormad Bh LLC
Botros,samir
Grant Deed
—
Sep 19, 2013
$789,000
Samir Botros
Morrison,joseph F & Deseree A
Grant Deed
—
Mar 24, 2006
—
Joseph F Morrison
Hinshaw Joan B Trust
Grant Deed
$1,225,000 · World Savings
May 26, 2000
$1,190,000
Hinshaw Trust
Caspian Properties INC
Grant Deed
$652,000 · Washington Mutual Fsb
Apr 1, 1998
$61,500
Caspian Properties
Dahlgren,paul & Nita M
Grant Deed
related
$10,000 · Individual
Apr 28, 1995
$138,500
Paul Dahlgren
Leider,gunther O & Colette F
Grant Deed
$16,200 · Individual
Dec 19, 1990
$320,500
Gunther O Leider
Exchange Inv INC
Grant Deed
related
—
Aug 15, 1989
$925,000
Evans William R
Orange Coast Fin
Trustees Deed
$647,500 · Columbia Savings & Loan
Aug 15, 1989
—
Orange Coast Fin
French John T
Trustees Deed
related
—
—
—
Samir Botros
—
Deed Of Trust
related
$288,535 · Joseph F & Deseree A Morrison
—
—
Joseph F Morrison
—
Deed Of Trust
related
$1,434,000 · World Savings
—
—
Joseph F Morrison
—
Deed Of Trust
related
$310,126 · Deseree A Morrison
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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