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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Industrial properties
23253 La Palma Ave Yorba Linda, CA 92887-4768
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1351591
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
5,565 SF
Lot
0.51 ac (22,138 SF)
APN
353-071-21
UPID
US09-1351591
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
-
Iron Mike's Guns (SO CAL) (Bike/Boat/Book/etc) Store
-
Cal Select Builders Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.55M
Owner & transaction history
25253 La Palma Avenue Associates Ll · 3 yrs held
25253 La Palma Avenue Associates Ll
since 2022
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+111.5%
Retail stores
$2.7M
+51.0%
Commercial (general)
$2.7M
+48.5%
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 Yorba Linda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yorba Linda 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
$2,290,000
ML approach
$2,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,795,000
Current use
RESTAURANT
$3,795,000
Change: +111% · Conversion: Difficult
RETAIL STORES
$2,710,000
Change: +51% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,665,000
Change: +49% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,610,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,480,000
Change: +38% · Conversion: Easy
OFFICE BUILDING
$2,385,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,255,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±10% · vs last sale $2.72M (Sep 30 2022)
Last sale anchor
$2.72M
Sep 30 2022
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
$457 / 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
$32,031
Tax year 2024
Assessed value
$2,771,850
Assessed 2024
Previous assessed
$2,771,850
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,330,673
Assessed improvement
$441,177
Applied tax rate
25.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
NONE
Total area
5,565 SF
Lot
0.51 ac (22,138 SF)
APN
353-071-21
UPID
US09-1351591
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) Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.8M
RETAIL STORES
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1989
Heating
NONE
Lot
0.51 ac
Current owner
From public records · entity-resolved
25253 La Palma Avenue Associates Ll
Entity
Mailing address
4045 HUMBOLDT LN, YORBA LINDA, CA 92886-7022
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2023
—
La Palma Avenue Associates LLC
—
Deed
related
$2,995,600 · Capstar Bank
Sep 30, 2022
$2,717,500
25253 La Palma Avenue Associates Ll
Eldon E Johnson
Grant Deed
$1,770,000 · S Herbert Perimutter
Mar 25, 2013
—
Eldon E Johnson
Rachelle M Johnson
Intrafamily Transfer
related
$375,000 · Plaza Bank
Apr 22, 1997
$450,000
Eldon E Johnson
Force,john H & Laurie A
Grant Deed
related
$225,000 · Bank Of America Community Dev
Apr 24, 1990
$461,000
John H Force
La Palma Partner
Grant Deed
$297,000 · Marine National Bank
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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