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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Residential income homes
2121 Brownwood Ave, Anaheim, CA 92801-5719
Individually Owned
6-yr Hold
Absentee Owner
Property ID
US09-2018302
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1964
Total area
4,176 SF
Lot
0.17 ac (7,447 SF)
APN
072-622-13
UPID
US09-2018302
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
Current use
Occupant on record · Public records
-
Octavio Romero lamas Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
John J Serrano · 6 yrs held
John J Serrano
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+18.2%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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%
$1,200,000
6.5%
$1,110,000
7%
$1,030,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,130,000
Current use
WAREHOUSE, STORAGE
$1,335,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$200 / 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
$15,155
Tax year 2024
Assessed value
$1,281,280
Assessed 2024
Previous assessed
$1,281,280
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,072,202
Assessed improvement
$209,078
Applied tax rate
1.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1964
Heating
NONE
Units
4
Total area
4,176 SF
Lot
0.17 ac (7,447 SF)
APN
072-622-13
UPID
US09-2018302
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
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
Heating
NONE
Units
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
John J Serrano
Individual
Mailing address
2913 SAN JUAN DR, FULLERTON, CA 92835-1756
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Aug 19, 2019
$1,195,000
John J Serrano
Brownwood LLC
Grant Deed
$956,000 · Newrez LLC
Sep 24, 2018
$950,000
Brownwood LLC
Richard G Vogl
Grant Deed
$665,000 · First Foundation Bank
Dec 10, 2014
—
Vogl,richard Family Trust
Vogl,richard G & Marcia C
Quit Claim Deed
related
—
Aug 6, 2014
$755,000
Richard G Vogl
Pena,jeff M & Pam A
Grant Deed
—
Feb 8, 2006
—
Jeff M Pena
Jeff M Pena
Intrafamily Transfer
related
$175,000 · National City Bank
Jun 18, 2004
$705,000
Jeff M Pena
Woo,benjamin G
Grant Deed
—
Dec 8, 2003
—
Benjamin G Woo
Woo,benjamin G & Jeannette
Quit Claim Deed
related
$469,000 · National City Mortgage Co
Dec 17, 2002
$497,500
Benjamin G Woo
Yellamilii,krishna M
Grant Deed
$398,000 · Sib Mortgage Corp
Oct 20, 1997
$190,000
Yellamilli,krishna M
Karatsu,hideo
Trustees Deed
$133,000 · Accubanc Mortgage Corp
Oct 20, 1997
—
Krishna Yellamilli
Yellamilli,
Quit Claim Deed
related
—
Nov 7, 1996
—
Lincoln Trust
Mauer,
Grant Deed
related
—
Aug 27, 1992
—
Loren D Mauerhan
Mauerhan Trust
Quit Claim Deed
related
$110,000 · Money Tree Cal
—
—
Jeff M Pena
—
Deed Of Trust
related
$176,250 · Express Capital Lending
—
—
Richard G Vogl
—
Deed Of Trust
related
$528,501 · Bank Of America
—
—
Jeff M Pena
—
Deed Of Trust
related
$175,000 · Carolyn J Pena
—
—
Jeff M Pena
—
Deed Of Trust
related
$493,500 · Express Capital Lending
—
—
Krishna M Yellamilli
—
Deed Of Trust
related
$133,000 · Downey S & L (wholesale)
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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