Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Apartment buildings
2121 Lambert Rd La Habra, CA 90631-6267
Entity Owned
8-yr Hold
Property ID
US10-3162454
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
9,494 SF
Lot
0.39 ac (17,055 SF)
APN
018-153-27
UPID
US10-3162454
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
-
Shuffle & Cut Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
Unleashed Customs Auto Repair Shop Vehicle Inspection Center
-
TruMoods LLC Crisis Center Medical Clinic
-
Zymo E-Merchandise Inc - HDCPETS Big Box & Wholesale Store
-
Yiqihe, Inc Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
2121 W Lambert Rd LLC · 8 yrs held
2121 W Lambert Rd LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.1M
+32.0%
Commercial (general)
$3.0M
+27.2%
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 La Habra submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Habra 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,375,000
Current use
INDUSTRIAL (GENERAL)
$3,135,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,020,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±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
$204 / 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
$35,227
Tax year 2024
Assessed value
$2,986,095
Assessed 2024
Previous assessed
$2,986,095
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$2,385,842
Assessed improvement
$600,253
Applied tax rate
6.0000
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
1963
Heating
NONE
Stories
2
Units
12
Total area
9,494 SF
Lot
0.39 ac (17,055 SF)
APN
018-153-27
UPID
US10-3162454
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
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1963
Heating
NONE
Stories
2
Units
12
Lot
0.39 ac
Current owner
From public records · entity-resolved
2121 W Lambert Rd LLC
Entity
Mailing address
PO BOX 5992, FULLERTON, CA 92838-0992
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2018
—
2121 W Lambert Rd LLC
Bond Family Trust
Quit Claim Deed
related
—
Dec 28, 2017
—
David Pablo
Bond Michael & J Trust A
Quit Claim Deed
related
—
Sep 8, 2017
—
Anita Bond-salama
Bond,josephine
Affidavit Of Death
related
—
Mar 18, 2016
—
David A Bond
Rachel Bond
Intrafamily Transfer
related
$1,100,000 · Jpmorgan Chase Bank NA
Dec 30, 2013
—
Bond,michael & Josephine Trust A
Bond Michael & J Trust A
Quit Claim Deed
related
—
Aug 4, 2006
—
Bond Michael & J Trust A
Bond M & J Family Trust
Quit Claim Deed
related
—
Jul 28, 2006
$2,100,000
Pablo Bond
Jenn Jung Liao
Grant Deed
—
Aug 31, 2004
$1,550,000
Jenn J Liao
Diaz E F & L M Trust
Grant Deed
$965,000 · United Commercial Bank
Jun 4, 2003
—
Webster,william
Webster,william
Quit Claim Deed
related
—
Aug 16, 2001
$76,500
Edmondo F Diaz
Webster,william
Grant Deed
related
—
Jun 25, 2001
$780,000
William Webster
Industrial Finishing LLC
Grant Deed
$585,000 · First Federal Bank Ca
Jul 30, 1999
—
Industrial Finishing
Ruiz,
Quit Claim Deed
related
—
Feb 26, 1999
$610,000
Juan C Ruiz
Braathen Trust
Grant Deed
$457,500 · Washington Mutual Fsb
Sep 8, 1997
—
Braathen,fmly Tr
Braathen,
Quit Claim Deed
related
—
Jun 17, 1997
$495,000
Aage Braathen
First Federal Bank Ca
Grant Deed
$420,750 · First Federal Bank Ca
Apr 11, 1997
$510,763
First Federal Bank Ca
Read,donna
Trustees Deed
related
—
Dec 22, 1993
$620,000
Donna Read
Sresovich,theres
Grant Deed
$465,000 · First Federal Bank Ca
Aug 3, 1988
$139,000
Joseph Sresovich
Shellac Therese
Grant Deed
related
—
—
—
William Webster
—
Deed Of Trust
related
$615,500 · United Commercial Bank
—
—
Aage Braathen
—
Deed Of Trust
related
$60,000 · Home Improvement Mortgage
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2121 Lambert Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
