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Property profile & analytics
OFF-MARKET
Estimated value
$20,235,000
Apartment buildings
23911 Avenida Sevilla Laguna Woods, CA 92637
Individually Owned
9-yr Hold
Property ID
US09-2336306
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1965
Total area
113,931 SF
Lot
8.96 ac (390,501 SF)
APN
621-091-07
UPID
US09-2336306
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
$20.24M
Owner & transaction history
William H Welch · 9 yrs held
William H Welch
since 2016
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
$178 / 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
$258,452
Tax year 2024
Assessed value
$25,515,989
Assessed 2024
Previous assessed
$25,515,989
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$16,574,104
Assessed improvement
$8,941,885
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
106
Total area
113,931 SF
Lot
8.96 ac (390,501 SF)
APN
621-091-07
UPID
US09-2336306
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
106
Lot
8.96 ac
Current owner
From public records · entity-resolved
William H Welch
Individual
Mailing address
PO BOX 2220, LAGUNA HILLS, CA 92654-2220
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2021
—
Edward A Keeney
—
Deed
related
$135,000 · National Cooperative Bank NA
Apr 22, 2020
—
Julia Moyer
—
Deed
related
$85,000 · National Cooperative Bank NA
Dec 27, 2019
—
Glenn S Baker
—
Deed
related
$148,500 · National Cooperative Bank NA
Aug 23, 2019
—
Sheldon M Marco
—
Deed
related
$240,000 · National Cooperative Bank NA
Jan 30, 2019
—
Gus Orozco
—
Deed
related
$199,920 · Ncb Fsb
Dec 5, 2018
—
Stephanie Casey
—
Deed
related
$280,000 · Ncb Fsb
Aug 23, 2018
—
Heidi Rechteger
—
Deed
related
$235,000 · Ncb Fsb
Sep 30, 2016
—
William H Welch
Welch,eileen E
Affidavit Of Death
related
$119,500 · William H Welch
Jul 8, 2016
—
Harmaning,j C JR Trust
Harmaning,james C JR
Quit Claim Deed
related
—
Mar 11, 2016
—
Elizabeth Ryan
Ryan,david A
Affidavit Of Death
related
—
Aug 31, 2011
$124,000
Federal Natl Mtg Assn Fnma
Trustee Corps
Trustees Deed
related
—
—
—
Edward A Keeney
—
Deed Of Trust
related
$128,000 · Ncb Savings Bank
—
—
Joann L Smith
—
Deed Of Trust
related
$119,500 · William H Welch
—
—
Phyllis C Krishan
—
Deed Of Trust
related
$147,378 · Financial Freedom Senior Fundi
—
—
Mary G Ivy
—
Deed Of Trust
related
$179,250 · Ncb Savings Bank
—
—
Kevin J Pryle
—
Deed Of Trust
related
$123,920 · Ncb Savings Bank
—
—
Donald C Fox
—
Deed Of Trust
related
$104,800 · Ncb Savings Bank
—
—
Lisa A Kalmin
—
Deed Of Trust
related
$138,800 · Ncb Savings Bank
—
—
Allan H Marlow
—
Deed Of Trust
related
$150,000 · National Cooperative Bk
—
—
Waleid T Saduddin
—
Deed Of Trust
related
$261,250 · Ncb Savings Bank
—
—
John W Witczak
—
Deed Of Trust
related
$58,800 · Eldorado Bank
—
—
Joan R De Grummond
—
Deed Of Trust
related
$95,000 · Ncb Capital Corp
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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