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Property profile & analytics
OFF-MARKET
Estimated value
$16,120,000
Showrooms
23041 Avenida De La Carlota Laguna Hills, CA 92653-1511
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0631181
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Total area
64,015 SF
Lot
2.76 ac (120,183 SF)
APN
588-111-18
UPID
US09-0631181
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.65M
CAP Approach
CAP
$16.62M
Comparable Approach
Comparable
$15.80M
Blend (final)
Blend
$16.12M
Owner & transaction history
View Pointe LLC · 3 yrs held
View Pointe LLC
since 2023
Last sale
$15.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$24.9M
+56.4%
Industrial (general)
$21.0M
+32.3%
Office building
$17.8M
+11.9%
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 Laguna Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Hills 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
$17,135,000
ML approach
$11,645,000
CAP Approach
CAP Return
Estimation
6%
$18,005,000
6.5%
$16,620,000
7%
$15,430,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$15,895,000
Current use
APARTMENT HOUSE (5+ UNITS)
$24,860,000
Change: +56% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$21,025,000
Change: +32% · Conversion: Moderate
OFFICE BUILDING
$17,790,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$16.12M
Range $14.51M – $17.73M · ±10% · vs last sale $15.53M (Jun 2 2023)
Last sale anchor
$15.53M
Jun 2 2023
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
$252 / 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
$162,948
Tax year 2024
Assessed value
$15,840,090
Assessed 2024
Previous assessed
$15,840,090
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$6,474,507
Assessed improvement
$9,365,583
Applied tax rate
31.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1985
Heating
NONE
Total area
64,015 SF
Lot
2.76 ac (120,183 SF)
APN
588-111-18
UPID
US09-0631181
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
COMMERCIAL (GENERAL) Current
Est. value
$15.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$24.9M
INDUSTRIAL (GENERAL)
Est. value
$21.0M
OFFICE BUILDING
Est. value
$17.8M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1985
Heating
NONE
Lot
2.76 ac
Current owner
From public records · entity-resolved
View Pointe LLC
Entity
Mailing address
3435 WILSHIRE BLVD STE #1710, LOS ANGELES, CA 90010-2003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 2, 2023
$15,529,500
View Pointe LLC
Ag Carlota Owner LP
Grant Deed
$10,000,000 · Wells Fargo Bank NA
Feb 21, 2019
$13,013,000
Ag Carlota Owner LP
Colton David A Trust
Grant Deed
—
Feb 21, 2019
—
Colton,david A Trust
Colton Family Trust
Quit Claim Deed
related
—
Apr 24, 2015
$500,000
Colton Family Trust
Lunt Robert P
Grant Deed
—
Jun 26, 2014
—
Colton Family Trust
Ptl Lc
Grant Deed
—
Nov 25, 2009
—
Colton Family Trust
Colton Family Trust
Quit Claim Deed
related
—
May 28, 2009
—
Brunton,lionel J III
Mingus,w Calvin & Emma
Affidavit Of Death
related
—
Mar 26, 2007
—
Colton Family Trust
Mh Investments
Grant Deed
—
Sep 30, 1999
—
M H Investments LP
Plaza Pointe Partners
Grant Deed
related
—
Jun 26, 1998
—
Plaza Pointe Partners
Mutual Life Insurance Co Ny
Grant Deed
$4,900,000 · Midland Loan Services LP
Dec 9, 1988
—
Mutual Life Insu
Plaza Pointe Par
Quit Claim Deed
related
—
—
—
Hillcrest Investors Ltd
—
Deed Of Trust
related
$4,400,000 · Principal Life Insurance 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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