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Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Apartment buildings
201 Cypress Dr Laguna Beach, CA 92651-1760
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US09-0591514
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
5,107 SF
Lot
0.14 ac (6,054 SF)
APN
496-094-13
UPID
US09-0591514
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
$3.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$3.28M
Owner & transaction history
Wembleton Laguna 2 LLC · 3 yrs held
Wembleton Laguna 2 LLC
since 2023
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.7M
+138.0%
Restaurant
$3.5M
+75.7%
Retail stores
$2.5M
+25.5%
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 Laguna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Beach 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
$3,490,000
ML approach
$3,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,985,000
Current use
COMMERCIAL (GENERAL)
$4,720,000
Change: +138% · Conversion: Moderate
RESTAURANT
$3,485,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$2,490,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,395,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$2,290,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,280,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±10% · vs last sale $2.94M (May 4 2023)
Last sale anchor
$2.94M
May 4 2023
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
$642 / 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
$52,819
Tax year 2024
Assessed value
$5,100,000
Assessed 2024
Previous assessed
$5,100,000
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$4,880,700
Assessed improvement
$219,300
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
1960
Heating
NONE
Stories
2
Units
7
Total area
5,107 SF
Lot
0.14 ac (6,054 SF)
APN
496-094-13
UPID
US09-0591514
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
$2.0M
COMMERCIAL (GENERAL)
Est. value
$4.7M
RESTAURANT
Est. value
$3.5M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
7
Lot
0.14 ac
Current owner
From public records · entity-resolved
Wembleton Laguna 2 LLC
Entity
Mailing address
1420 HILLCREST DR, LAGUNA BEACH, CA 92651-1449
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2023
$2,941,500
Wembleton Laguna 2 LLC
Vwc Cypress 7 LLC
Grant Deed
$2,072,000 · Umpqua Bank
Oct 4, 2022
—
Vwc Cypress 7 LLC
—
Deed
related
$2,072,000 · Umpqua Bank
Mar 15, 2021
$3,150,000
Vwc Cypress 7 LLC
Howard J Moser
Grant Deed
$2,047,500 · East West Bank
Aug 1, 2016
—
Howard J Moser
—
Deed
related
$670,000 · Jpmorgan Chase Bank NA
Sep 29, 2000
$1,275,000
Howard J Moser
Davis,ralph H
Grant Deed
$854,250 · Heartland Bank & Trust Co
Dec 18, 1998
$950,000
Davis,ralph H
Stodder Trust
Trustees Deed
$712,500 · Marine National Bank
Dec 18, 1998
—
Ralph Davis
Davis,
Quit Claim Deed
related
—
Sep 21, 1990
$394,000
David J Stodder
Frrimodig Frank
Grant Deed
related
—
—
—
Stodder Trust
—
Deed Of Trust
related
$431,250 · Jay Noel Serge Meadows Md Mppp
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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