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Property profile & analytics
OFF-MARKET
Estimated value
$2,335,000
Automotive properties
2131 1st St, Santa Ana, CA 92705-4007
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3045675
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1974
Total area
11,920 SF
Lot
0.79 ac (34,546 SF)
APN
400-091-18
UPID
US10-3045675
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
-
Unix CCTV Santa Ana Branch Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.06M
Blend (final)
Blend
$2.34M
Owner & transaction history
Douglas Jin Lee · 8 yrs held
Douglas Jin Lee
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.8M
+8.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,550,000
Current use
COMMERCIAL (GENERAL)
$3,835,000
Change: +8% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,155,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.34M
Range $2.10M – $2.57M · ±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
$196 / 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
$38,123
Tax year 2024
Assessed value
$3,407,781
Assessed 2024
Previous assessed
$3,407,781
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,385,450
Assessed improvement
$1,022,331
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
11,920 SF
Lot
0.79 ac (34,546 SF)
APN
400-091-18
UPID
US10-3045675
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
AUTO REPAIR, GARAGE Current
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1974
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Douglas Jin Lee
Individual
Mailing address
5333 MTN MDW LN, LA CANADA, CA 91011-1800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2022
—
Douglas Jin Lee
—
Deed
related
$1,550,000 · Mufg Union Bank NA
Dec 20, 2017
—
Douglas Jin Lee
Edward Lee
Intrafamily Transfer
related
$1,700,000 · Wells Fargo Bank NA
Aug 8, 2014
$2,950,000
Edward Lee
Nat LLC
Grant Deed
$2,000,000 · Bank Of America
Aug 17, 2007
$2,325,000
Nat LLC
Luby,manny & Rose M
Grant Deed
$1,510,000 · Hanmi Bank
Nov 1, 2006
—
Manny Luby
—
Trustees Deed
related
$50,000 · First Mountain Bank
Feb 13, 2002
$1,100,000
Manny Luby
Robinson,gordon
Grant Deed
$1,020,000 · Sun Country Bank
Aug 29, 1988
$495,000
John D Valentine
Delaney Timothy
Trustees Deed
related
—
—
—
John D Valentine
—
Deed Of Trust
related
—
—
—
Manny Luby
—
Deed Of Trust
related
$1,210,000 · Sun Country Bank
—
—
Gordon Robinson
—
Deed Of Trust
related
$20,000 · Kevin J Moore
—
—
Manny Luby
—
Deed Of Trust
related
$131,245 · Textron Financial
—
—
Manny Luby
—
Deed Of Trust
related
$110,000 · American Security Bank
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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