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Property profile & analytics
OFF-MARKET
Estimated value
$33,710,000
Apartment buildings
2200 Ball Rd Anaheim, CA 92806-5201
Individually Owned
20-yr Hold
Absentee Owner
Property ID
US09-0601602
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1970
Total area
169,539 SF
Lot
8.77 ac (381,926 SF)
APN
253-151-02
UPID
US09-0601602
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
-
Wateridge Apartment Homes Apartment Rental Agency Apartment Complex
-
Vision Kitchen & Bath Renovation Anaheim Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$41.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$33.71M
Owner & transaction history
Washington Brookwood Assocs · 20 yrs held
Washington Brookwood Assocs
since 2006
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 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%
$45,295,000
6.5%
$41,810,000
7%
$38,825,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$51,665,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$33.71M
Range $30.34M – $37.08M · ±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
$199 / 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
$538,917
Tax year 2024
Assessed value
$43,809,239
Assessed 2024
Previous assessed
$43,809,239
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$32,248,802
Assessed improvement
$11,560,437
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1970
Heating
NONE
Stories
2
Units
220
Total area
169,539 SF
Lot
8.77 ac (381,926 SF)
APN
253-151-02
UPID
US09-0601602
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
INDUSTRIAL (GENERAL)
Est. value
$51.7M
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
1970
Heating
NONE
Stories
2
Units
220
Lot
8.77 ac
Current owner
From public records · entity-resolved
Washington Brookwood Assocs
Individual
Mailing address
8 EXECUTIVE CIR, IRVINE, CA 92614-6746
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Sep 28, 2018
—
Western Wateridge Partners LP
—
Deed
related
$30,064,000 · Capital One Multifamily Fin
Feb 9, 2006
—
Washington Brookwood Assocs
Western Wateridge Partners
Grant Deed
—
Aug 26, 1999
$8,214,000
Western Wateridge Partners LP
Agl Investments #2 LP
Grant Deed
related
$2,933,000 · Bankers Mutual
Aug 22, 1997
$420,000
Newporter Apartment Co LP
Kolar Trust
Grant Deed
—
Aug 22, 1997
$691,000
Amstar Texas Pool Ltd
Lakewood Terrace Apartment Co
Trustees Deed
related
—
Aug 22, 1997
$804,500
Amstar Texas Pool Ltd
Havenwood Villa Apartment Co
Trustees Deed
related
—
Aug 22, 1997
$2,367,500
Amstar Texas Pool Ltd
Park Place Apartment Co Ltd
Grant Deed
related
—
Oct 31, 1991
$735,000
Terrace Lakewood
Jensen,roger E
Grant Deed
related
—
Oct 25, 1991
$1,555,500
Properties I Wwk
Atrium Mtg Inv
Grant Deed
related
—
Oct 28, 1988
$3,745,500
Hutn Cal Managem
S M Accommodator
Grant Deed
related
—
Oct 28, 1988
$3,404,000
Park Place Apart
Hunt Cal Managem
Grant Deed
related
—
Oct 28, 1988
—
S M Accommodator
Candan Salih
Trustees Deed
related
—
Oct 28, 1988
$511,000
Mtg Inv L Atrium
Hunt Cal Managem
Trustees Deed
related
—
—
—
Western Wateridge Partners LP
—
Deed Of Trust
related
$30,064,000 · Capital One Multifamily Fin
—
—
Park Place Apartment Co Ltd
—
Deed Of Trust
related
$7,975,000 · Bankers Mutual
—
—
Park Place Apartments Co
—
Deed Of Trust
related
$1,762,360 · California Midwest Mortgage In
—
—
Western Wateridge Partners LP
—
Deed Of Trust
related
$16,500 · Berkshire Mortgage Finance Co
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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