New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Apartment buildings
220 Un Ave, Fullerton, CA 92832-1239
Trust Owned
11-yr Hold
Absentee Owner
Property ID
US09-0598948
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
11,308 SF
Lot
0.39 ac (16,804 SF)
APN
281-072-03
UPID
US09-0598948
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
-
220 Union Avenue Apartments Property Management Company Apartments
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Pappano Living Trust · 11 yrs held
Pappano Living Trust
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$150 / 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
$18,796
Tax year 2024
Assessed value
$1,463,308
Assessed 2024
Previous assessed
$1,463,308
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$881,100
Assessed improvement
$582,208
Applied tax rate
3.0000
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
1962
Heating
NONE
Stories
2
Units
12
Total area
11,308 SF
Lot
0.39 ac (16,804 SF)
APN
281-072-03
UPID
US09-0598948
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
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
2
Units
12
Lot
0.39 ac
Current owner
From public records · entity-resolved
Pappano Living Trust
Trust
Mailing address
1629 ARCH BAY DR, NEWPORT BEACH, CA 92660-6023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Aug 4, 2020
—
Hal C Pappano
—
Deed
related
$1,460,000 · Jpmorgan Chase Bank NA
May 16, 2018
—
Hal C Pappano
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Aug 22, 2016
—
Pappano Living Trust
—
Deed
related
$400,000 · Sandor Lois J Living Tr (pt)
Mar 5, 2015
—
Pappano Living Trust
Pappano Hal C
Quit Claim Deed
related
—
Feb 20, 2013
—
Pappano Robert A N Tr
Pappano,connie P
Affidavit Of Death
related
—
Apr 4, 2002
—
Hal Pappano
Pappa
Quit Claim Deed
related
—
May 8, 2000
$5,000
Pappano Trust
Way,robert A
Grant Deed
related
—
Aug 8, 1990
—
Robert A Way
Way Robert A
Quit Claim Deed
related
$580,000 · American Savings Bank
May 31, 1990
$220,000
Robert A Way
Pappano Hal C
Grant Deed
related
—
—
—
Pappano,tr
—
Deed Of Trust
related
$74,000 · Pappano Trust
—
—
Robert A Pappano
—
Deed Of Trust
related
—
—
—
Pappano Living Trust
—
Deed Of Trust
related
$400,000 · Sandor Lois J Living Tr (pt)
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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