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Property profile & analytics
OFF-MARKET
Apartment buildings
23821 Avenida Sevilla Laguna Woods, CA 92637-0828
Individually Owned
1-yr Hold
Property ID
US09-7194399
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1965
Total area
153,354 SF
Lot
12.86 ac (560,287 SF)
APN
621-091-05
UPID
US09-7194399
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
Melinda Simpson Trimble · 1 yrs held
Melinda Simpson Trimble
since 2024
Last sale
$237,371
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 Laguna Woods submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Woods 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
$388,553
Tax year 2024
Assessed value
$38,347,961
Assessed 2024
Previous assessed
$38,347,961
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$26,058,946
Assessed improvement
$12,289,015
Applied tax rate
32.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1965
Heating
NONE
Stories
2
Units
144
Total area
153,354 SF
Lot
12.86 ac (560,287 SF)
APN
621-091-05
UPID
US09-7194399
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
1965
Heating
NONE
Stories
2
Units
144
Lot
12.86 ac
Current owner
From public records · entity-resolved
Melinda Simpson Trimble
Individual
Mailing address
6718 HANOVER AVE RICHMOND
Mailing matches property
Yes
Owner-occupied
Yes
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
37 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
—
Melinda Simpson Trimble
Jeanne Simpson
Transfer On Death Deed
related
—
Sep 8, 2023
—
John Daniel Cappasola JR
John Daniel Cappasola
Transfer On Death Deed
related
—
Aug 13, 2021
—
Misoon Jang
Michael James Baird
Intrafamily Transfer
related
—
Jul 30, 2021
—
Mary Jane Borden
Walter Charles Borden
Affidavit Of Death Of Joint Tenant
related
$196,000 · National Cooperative Bank NA
Mar 5, 2021
—
Sheryl J Nelson
—
Deed
related
$115,000 · National Cooperative Bank NA
Feb 5, 2021
—
Nancy Ann Ireland
—
Deed
related
$238,000 · Ncb Fsb
Jan 13, 2021
—
David Arizmendi
—
Deed
related
$223,000 · National Cooperative Bank NA
Jul 27, 2020
—
Janice Martin Keeney
—
Deed
related
$180,000 · National Cooperative Bank NA
Apr 29, 2020
—
Owner Name Unavailable
Jeanne R Michaels
Affidavit Of Death
related
$100,000 · National Cooperative Bank NA
Apr 15, 2020
—
Anita Lee Ward
—
Deed
related
$191,000 · National Cooperative Bank NA
Jan 30, 2020
—
Steven Adams
Betty E Hurley
Affidavit Of Death
$145,000 · National Cooperative Bank NA
Dec 18, 2019
—
Steven Colin
—
Deed
related
$152,800 · National Cooperative Bk
Dec 6, 2019
—
Janice Keeney
—
Deed
related
$160,000 · National Cooperative Bank NA
Sep 26, 2019
—
David Arizmendi
—
Deed
related
$228,000 · National Cooperative Bank NA
Aug 29, 2019
—
Nancy G O'kelly
—
Deed
related
$100,000 · National Cooperative Bank NA
Sep 6, 2018
—
Janice Keeney
—
Deed
related
$150,000 · Ncb Fsb
Aug 30, 2018
—
Walter Charles Borden
—
Deed
related
$192,000 · Ncb Fsb
Apr 18, 2018
—
Joan M Roberts
—
Deed
related
$100,000 · Ncb Fsb
Dec 9, 2016
$237,371
Zb NA
Mortgage Lenders Svcs|lyford,thomas E & Janice M
Trustees Deed
related
—
Jul 8, 2016
—
Harmaning,j C JR Trust
Harmaning,james C JR
Quit Claim Deed
related
—
Oct 30, 2012
$105,500
Calle Cadiz Trust 492-c
Cal-western Reconveyance
Trustees Deed
related
—
Aug 30, 2011
$211,616
Federal Natl Mtg Assn Fnma
Robert E Weiss INC
Trustees Deed
related
—
Apr 27, 2011
—
William L Mcfadden JR.
Mcfadden,jill A
Quit Claim Deed
related
$165,000 · Fierer Albert J Trust (pt)
—
—
Masao Yokota
—
Deed Of Trust
related
$206,250 · Ncb Savings Bank
—
—
Gerald S Amen
—
Deed Of Trust
related
$160,000 · Ncb Savings Bank
—
—
Robert Berzner
—
Deed Of Trust
related
$65,000 · Ncb Savings Bank
—
—
W Richard Kite
—
Deed Of Trust
related
$70,000 · Ncb Savings Bank
—
—
Kenneth Prater
—
Deed Of Trust
related
$75,000 · Ncb Savings Bank
—
—
Robert F Masiello
—
Deed Of Trust
related
$133,600 · Ncb Savings Bank
—
—
Coutant Helen M Trust
—
Deed Of Trust
related
$150,500 · Ncb Savings Bank
—
—
Kim Maxwell
—
Deed Of Trust
related
$148,500 · Ncb Savings Bank
—
—
Weirong Li
—
Deed Of Trust
related
$112,500 · Ncb Savings Bank
—
—
Norman S Nelson
—
Deed Of Trust
related
$89,000 · California Bank & Trust
—
—
Steven Colin
—
Deed Of Trust
related
$152,800 · National Cooperative Bk
—
—
Norman S Nelson
—
Deed Of Trust
related
$100,000 · Ncb Savings Bank
—
—
Howard M Luttrell
—
Deed Of Trust
related
$25,000 · First Interstate Bank Californ
—
—
Robert W Stringham
—
Deed Of Trust
related
$150,000 · Ncb Savings 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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