New search
Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Investment properties
229 Marine Ave, Newport Beach, CA 92662-1247
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3155098
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1963
Total area
2,304 SF
Lot
0.05 ac (2,250 SF)
APN
050-162-30
UPID
US09-3155098
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
-
Debra Huse Gallery Art Gallery
-
Juicy Seven Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Huse Skelly Gallery Art Gallery
-
Huskins Coffee Cafe & Coffee Shop
-
Brian Rayner Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Janet E Holder · 9 yrs held
Janet E Holder
since 2016
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 Newport Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport Beach 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
$380,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$265 / 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
$12,144
Tax year 2024
Assessed value
$865,030
Assessed 2024
Previous assessed
$865,030
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$801,534
Assessed improvement
$63,496
Applied tax rate
7.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
2
Units
4
Total area
2,304 SF
Lot
0.05 ac (2,250 SF)
APN
050-162-30
UPID
US09-3155098
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
1963
Heating
NONE
Stories
2
Units
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
Janet E Holder
Individual
Mailing address
25051 MONTE VERDE DR, LAGUNA NIGUEL, CA 92677-1530
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
—
Pamela Hubbard
—
Deed
related
$148,533 · William Laroy Boman Etal
Dec 28, 2016
—
Pamela Hubbard
—
Deed
related
$220,000 · Wells Fargo Bank NA
Oct 4, 2016
—
Janet E Holder
Holder,ronald G
Affidavit Of Death
related
—
Dec 11, 2015
—
Hubbard,pamela Trust
Campbell June P Living Trust
Quit Claim Deed
related
—
Oct 27, 1993
$500,000
June P Campbell
Osher Trust
Grant Deed
$325,000 · South Coast Thrift & Loan
Jul 15, 1992
$299,000
Osher Trust
Holderstone,joyc
Grant Deed
related
—
—
—
Campbell,tr
—
Deed Of Trust
related
$289,000 · South Coast Commercial Bank
—
—
Joyce A Holder
—
Deed Of Trust
related
$450,000 · Coast Federal Bank
—
—
Campbell June P Living Trust
—
Deed Of Trust
related
—
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 229 Marine Ave?
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.
