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Property profile & analytics
FOR SALE
Commercial real estate
23201 Orange Ave Lake Forest, CA 92630
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1151443
For Sale
1 / 45
$1,200,000
23201 Orange Ave, Lake Forest, CA 92630
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1918
Total area
1,842 SF
Lot
0.14 ac (5,933 SF)
APN
613-371-05
UPID
US09-1151443
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Roya Akhlaghi · 1 yrs held
Roya Akhlaghi
since 2024
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 Lake Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Forest 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
—
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
$6,614
Tax year 2024
Assessed value
$641,421
Assessed 2024
Previous assessed
$641,421
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$529,871
Assessed improvement
$111,550
Applied tax rate
30.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1918
Heating
NONE
Stories
1
Total area
1,842 SF
Lot
0.14 ac (5,933 SF)
APN
613-371-05
UPID
US09-1151443
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
1918
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Roya Akhlaghi
Individual
Free & Clear · 1 yrs held
Mailing address
22592 S LK FRST LN, LAKE FOREST, CA 92630-3026
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 19, 2024
—
Roya Akhlaghi
Hossein Kiannasr
Grant Deed
—
Jun 18, 2024
$1,070,000
Hossein Kiannasr
23201 Orange Ave LLC
Grant Deed
$770,000 · 23201 Orange Ave LLC
Jun 18, 2024
—
Hossein Kiannasr
Roya Akhlaghi
Intrafamily Transfer
related
—
Feb 13, 2020
—
23201 Orange Ave LLC
Fits Roup LLC
Quit Claim Deed
—
Jul 5, 2017
$575,000
Fits Group LLC
Vre Properties LP
Grant Deed
—
Jan 23, 2015
—
Vre Properties LP
Bn Rentals LP
Quit Claim Deed
—
Jan 7, 2014
—
Ben Rentals LP
23201 Orange Ave Trust
Grant Deed
—
Dec 3, 2013
$288,000
23201 Orange Ave Trust
Wt Capital Lender Svcs
Trustees Deed
—
Jul 23, 1999
—
Richard Farino
Farino,
Quit Claim Deed
related
—
Jul 23, 1999
$114,000
Farino,richard A
Dunlop Trust
Trustees Deed
$196,000 · Golden Security Bank
Dec 19, 1988
$275,500
Richard A Farino
Rancin Co
Grant Deed
$165,000 · First American Capital Bank
—
—
23201 Orange Avenue LLC
—
Deed Of Trust
related
$476,000 · First Bank
—
—
23201 Orange Avenue LLC
—
Deed Of Trust
related
$1,300,000 · Mitsubishi Cement Corp
—
—
23201 Orange Avenue LLC
—
Deed Of Trust
related
$500,000 · First Bank
—
—
Richard A Farino
—
Deed Of Trust
related
$100,000 · Viergever Trust
—
—
Richard A Farino
—
Deed Of Trust
related
$403,006 · Catalina Pacific
—
—
Richard A Farino
—
Deed Of Trust
related
$544,277 · Portland Cement 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.
Try Rey
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