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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Apartment buildings
2310 Santa Ana Ave Costa Mesa, CA 92627-1595
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2608711
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Total area
1,508 SF
Lot
0.69 ac (30,150 SF)
APN
119-332-07
UPID
US10-2608711
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
-
MJ Custom Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
$490k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
2310 Santa Ana LLC · 8 yrs held
2310 Santa Ana LLC
since 2018
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$435,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$490,000
7%
$455,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$725,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$705,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$675,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$342 / 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
$22,664
Tax year 2024
Assessed value
$1,798,270
Assessed 2024
Previous assessed
$1,798,270
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,293,710
Assessed improvement
$504,560
Applied tax rate
15.0000
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
1965
Heating
NONE
Stories
1
Units
11
Rooms
7
Bathrooms
2
Total area
1,508 SF
Lot
0.69 ac (30,150 SF)
APN
119-332-07
UPID
US10-2608711
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1965
Heating
NONE
Stories
1
Units
11
Rooms
7
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
2310 Santa Ana LLC
Entity
Mailing address
20 CPE WOODBURY, NEWPORT BEACH, CA 92660-8405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 25, 2018
—
2310 Santa Ana LLC
Neal Family Trust
Quit Claim Deed
related
—
Jun 2, 2005
—
Neal Family Trust
Neal,gary & Joanne
Quit Claim Deed
related
—
May 21, 1999
$1,170,000
Gary Neal
Galbrath,andrea E
Grant Deed
$670,000 · Individual
Dec 19, 1995
$950,000
Alexander M Galbraith
Silver Trust
Grant Deed
$800,000 · Seller
Jul 26, 1989
$1,115,000
Silver Martin
Glenwood Manor
Grant Deed
—
May 20, 1988
$1,024,090
Silver Martin
Glenwood Manor
Trustees Deed
$640,000 · Standard Life In
—
—
Alexander M Galbraith
—
Deed Of Trust
related
$22,700 · Us Small Business Admn
—
—
Gary A Neal
—
Deed Of Trust
related
$670,000 · City National Bank
—
—
Silver Martin
—
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.
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