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Property profile & analytics
OFF-MARKET
Apartment buildings
24002 Avenida Majorca Laguna Woods, CA 92637
Individually Owned
4-yr Hold
Property ID
US09-2340260
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1966
Total area
125,970 SF
Lot
12.35 ac (538,074 SF)
APN
621-101-01
UPID
US09-2340260
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
David W Atkins · 4 yrs held
David W Atkins
since 2021
Last sale
$87,500
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
$316,557
Tax year 2024
Assessed value
$31,221,932
Assessed 2024
Previous assessed
$31,221,932
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$21,371,216
Assessed improvement
$9,850,716
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
1966
Heating
NONE
Stories
2
Units
118
Total area
125,970 SF
Lot
12.35 ac (538,074 SF)
APN
621-101-01
UPID
US09-2340260
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
1966
Heating
NONE
Stories
2
Units
118
Lot
12.35 ac
Current owner
From public records · entity-resolved
David W Atkins
Individual
Mailing address
PO BOX 2220, LAGUNA HILLS, CA 92654-2220
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
111 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
—
David W Atkins
David W Atkins
Intrafamily Transfer
related
—
Jun 29, 2021
—
William J Murawski
—
Deed
related
$199,000 · National Cooperative Bank NA
Apr 19, 2021
—
Tzu Cheng Chu
—
Deed
related
$144,000 · National Cooperative Bank NA
Mar 31, 2021
—
Richard L Heintz
—
Deed
related
$230,000 · National Cooperative Bank NA
Feb 25, 2021
—
Orlinda J Lapointe
—
Deed
related
$203,000 · National Cooperative Bank NA
Oct 14, 2020
—
Bobby Beduya
—
Deed
related
$150,000 · National Cooperative Bank NA
Apr 27, 2020
—
Neal Strand
—
Deed
related
$132,000 · Ncb Fsb
Apr 9, 2020
—
Owner Name Unavailable
Douglas R Harris
Affidavit Of Death
related
$152,000 · National Cooperative Bank NA
Jan 21, 2020
—
Mary E Hutcherson
—
Deed
related
$100,000 · National Cooperative Bank NA
Dec 20, 2019
—
Owner Name Unavailable
Richard C Gustafson
Affidavit Of Death
related
—
Sep 20, 2019
—
Timothy S Leblanc
—
Deed
related
$317,600 · National Cooperative Bank NA
Jun 13, 2019
—
Neal Strand
—
Deed
related
$316,000 · National Cooperative Bank NA
Apr 17, 2019
—
Brian D Preston
Van Praagh,james
Quit Claim Deed
related
—
Jul 30, 2018
—
David W Atkins
—
Deed
related
$416,000 · Ncb Fsb
Jun 22, 2018
—
Tzu Cheng Chu
—
Deed
related
$145,000 · Ncb Fsb
Dec 21, 2017
—
Richard L Heinez
—
Deed
related
$238,400 · Ncb Fsb
Oct 5, 2017
—
Laurie Elizabeth Francesconi
—
Deed
related
$202,000 · Ncb Fsb
May 31, 2017
—
William J Murawski
—
Deed
related
$208,000 · National Cooperative Bk
Apr 11, 2017
—
Naren L Jansen
—
Deed
related
$108,000 · Ncb Fsb
Oct 25, 2016
—
Laurie I Kahal
Adams,eve A
Affidavit Of Death
related
$195,000 · National Cooperative Bank NA
Apr 25, 2014
—
Ana Rodriguez
Ball,theodore A
Affidavit Of Death
—
Apr 30, 2013
—
Ncb Fsb
Schwartz Family Trust
Deed In Lieu Of Foreclosure
related
—
Apr 23, 2013
$266,624
Federal Natl Mtg Assn Fnma
Robert E Weiss INC
Trustees Deed
related
—
Oct 23, 2012
$87,500
Via Alhambra Trust 677-o
Cal-western Reconveyance
Trustees Deed
related
—
Dec 17, 2004
—
Dean W Lesner
Gonzales,cornelia B
Grant Deed
related
$160,000 · Ncb Savings Bank
May 16, 2003
—
Sylvia Kalbfleisch
Kalbfleisch,kenneth
Quit Claim Deed
related
$121,500 · Ncb Savings Bank
—
—
Richard S Adams
—
Deed Of Trust
related
$119,000 · Ncb Savings Bank
—
—
Allen Corinne C Family Trust
—
Deed Of Trust
related
$63,000 · Ncb Savings Bank
—
—
Jefte K Hamilton
—
Deed Of Trust
related
$104,250 · Ncb Savings Bank
—
—
Gordon Richiusa
—
Deed Of Trust
related
$188,405 · National City Mortgage Co
—
—
Steven C Fraser
—
Deed Of Trust
related
$206,000 · Ncb Savings Bank
—
—
Anthony R Lonero
—
Deed Of Trust
related
$125,000 · California Bank & Trust
—
—
Gwendolyn K Keller
—
Deed Of Trust
related
$100,000 · Ncb Savings Bank
—
—
Neil Feldman
—
Deed Of Trust
related
$52,000 · California Bank & Trust
—
—
Michael M Smith
—
Deed Of Trust
related
$249,375 · Ncb Savings Bank
—
—
Mahmood Asemi
—
Deed Of Trust
related
$115,500 · California Bank & Trust
—
—
Suzanne E Smith
—
Deed Of Trust
related
$90,000 · Ncb Savings Bank
—
—
Edward H Cucchiarella
—
Deed Of Trust
related
$160,000 · Ncb Savings Bank
—
—
George W Carter
—
Deed Of Trust
related
$167,200 · Ncb Savings Bank
—
—
Dominic Provenzano
—
Deed Of Trust
related
$175,500 · Ncb Savings Bank
—
—
Konstantinos Gikas
—
Deed Of Trust
related
$200,000 · California Bank & Trust
—
—
Tyler Pauline G Trust
—
Deed Of Trust
related
—
—
—
William M Foose
—
Deed Of Trust
related
$158,250 · Ncb Savings Bank
—
—
Boysen Pochan Trust
—
Deed Of Trust
related
$50,775 · Thomas C JR & Ann-marie L Boysen
—
—
Linda Teel
—
Deed Of Trust
related
$121,000 · Ncb Savings Bank
—
—
Judy B West
—
Deed Of Trust
related
$120,000 · Ncb Savings Bank
—
—
Ruth C Hutchinson
—
Deed Of Trust
related
$100,000 · Ncb Savings Bank
—
—
William J Murawski
—
Deed Of Trust
related
$208,000 · National Cooperative Bk
—
—
Donna Doucette
—
Deed Of Trust
related
$175,200 · Ncb Savings Bank
—
—
Bette L Evans
—
Deed Of Trust
related
$86,000 · Ncb Savings Bank
—
—
Sharon D Sadlon
—
Deed Of Trust
related
$91,219 · Ncb Savings Bank
—
—
Suzanne L Shelman
—
Deed Of Trust
related
$105,000 · Ncb Savings Bank
—
—
Robert E Gregg
—
Deed Of Trust
related
$156,000 · Ncb Savings Bank
—
—
Michael M Smith
—
Deed Of Trust
related
$237,500 · Ncb Savings Bank
—
—
Marcia M Barr
—
Deed Of Trust
related
$163,400 · Ncb Savings Bank
—
—
Kathleen M Squires
—
Deed Of Trust
related
$202,400 · Ncb Savings Bank
—
—
Joann Moore
—
Deed Of Trust
related
$100,000 · Pnc Mortgage
—
—
Ross A Grewar
—
Deed Of Trust
related
$176,000 · Ncb Savings Bank
—
—
Fay B Marie
—
Deed Of Trust
related
$97,000 · Ncb Savings Bank
—
—
Carol Greene
—
Deed Of Trust
related
$51,500 · California Bank & Trust
—
—
Kathryne Jacobs
—
Deed Of Trust
related
$150,500 · Ncb Savings Bank
—
—
Susan K Burden
—
Deed Of Trust
related
$120,000 · Ncb Savings Bank
—
—
Rita Hamblin
—
Deed Of Trust
related
$134,000 · Ncb Savings Bank
—
—
Ward,tr
—
Deed Of Trust
related
$120,000 · Dickey Trust
—
—
Madelyn Hofmann
—
Deed Of Trust
related
$111,200 · Ncb Savings Bank
—
—
Sharo Greenfield
—
Deed Of Trust
related
$99,000 · Individual
—
—
Robby,tr
—
Deed Of Trust
related
$120,000 · California Bank & Trust
—
—
Frank E Smith
—
Deed Of Trust
related
$80,000 · First American Title Co
—
—
Sanner,tr
—
Deed Of Trust
related
$147,000 · Ncb Savings Bank
—
—
Frank J Harrigan
—
Deed Of Trust
related
$148,100 · California Bank & Trust
—
—
Young H Han
—
Deed Of Trust
related
$188,000 · Ncb Savings Bank
—
—
Robinson K Bamboat
—
Deed Of Trust
related
$199,500 · Ncb Savings Bank
—
—
Richard S Adams
—
Deed Of Trust
related
$160,000 · Ncb Savings Bank
—
—
David J Gaffaney
—
Deed Of Trust
related
$320,000 · Ncb Savings Bank
—
—
Michael B Robertson
—
Deed Of Trust
related
$75,000 · Wells Fargo Bank
—
—
Ho S Campbell
—
Deed Of Trust
related
$110,800 · California Bank & Trust
—
—
Frank J Harrigan
—
Deed Of Trust
related
$123,025 · Ncb Savings Bank
—
—
Richard E Kraus
—
Deed Of Trust
related
$70,000 · Ncb Savings Bank
—
—
David J Gaffaney
—
Deed Of Trust
related
$200,000 · Ncb Savings Bank
—
—
Shlifka,tr
—
Deed Of Trust
related
$48,000 · California Bank & Trust
—
—
Kopstein,tr
—
Deed Of Trust
related
$108,000 · Ncb Savings Bank
—
—
Maryanna Collins
—
Deed Of Trust
related
$68,000 · Ncb Savings Bank
—
—
Albert Nameth
—
Deed Of Trust
related
$120,000 · California Bank & Trust
—
—
Marty Walkamm
—
Deed Of Trust
related
$162,000 · Ncb Savings Bank
—
—
W L Jones
—
Deed Of Trust
related
$35,000 · California Bank & Trust
—
—
Sharon D Sadlon
—
Deed Of Trust
related
$100,000 · Ncb Savings Bank
—
—
Vanryn,christina P Trust
—
Deed Of Trust
related
$91,000 · National Cooperative Bk
—
—
Lapoint Family Living Trust
—
Deed Of Trust
related
$225,600 · Ncb Savings Bank
—
—
Pamela L Fondren
—
Deed Of Trust
related
$158,700 · California Bank & Trust
—
—
Paridon Trust
—
Deed Of Trust
related
$85,000 · California Bank & Trust
—
—
Binder C M Living Trust
—
Deed Of Trust
related
$135,000 · Ncb Savings Bank
—
—
Steven C Fraser
—
Deed Of Trust
related
$157,000 · Ncb Savings Bank
—
—
Paridon Trust
—
Deed Of Trust
related
$50,000 · California Bank & Trust
—
—
Doris V Forsyth
—
Deed Of Trust
related
$172,613 · Financial Freedom Senior Fundi
—
—
Herman Of Ryan Trust
—
Deed Of Trust
related
$81,280 · Financial Freedom Senior Fundi
—
—
Garvin Margaret M Trust
—
Deed Of Trust
related
$301,434 · Financial Freedom Senior Fundi
—
—
Rohinton K Bamboat
—
Deed Of Trust
related
$180,000 · National Cooperative Bank
—
—
Maryella Klug
—
Deed Of Trust
related
$148,000 · Ncb Savings Bank
—
—
Patricia Yindra
—
Deed Of Trust
related
$189,050 · Ncb Savings Bank
—
—
Cecelia Stein
—
Deed Of Trust
related
$133,000 · Ncb Savings Bank
—
—
Schwartz Family Trust
—
Deed Of Trust
related
$256,000 · Ncb Savings Bank
—
—
Gene P Cech
—
Deed Of Trust
related
$256,000 · Ncb Savings Bank
—
—
Boysen Pochan Trust
—
Deed Of Trust
related
$197,000 · Ncb Savings Bank
—
—
Joseph F Corff
—
Deed Of Trust
related
$107,500 · Ncb Savings Bank
—
—
Ruth J May
—
Deed Of Trust
related
$58,000 · California Bank & Trust
—
—
Steven C Fraser
—
Deed Of Trust
related
$322,050 · Ncb Savings Bank
—
—
Konstantinos Gikas
—
Deed Of Trust
related
$224,000 · National Cooperative Bank
—
—
Jack Siegman
—
Deed Of Trust
related
$150,000 · California Bank & Trust
—
—
Rae Leah Living Trust
—
Deed Of Trust
related
$135,262 · Financial Freedom Senior Fundi
—
—
Rita Hamblin
—
Deed Of Trust
related
$227,735 · Financial Freedom Senior Fundi
—
—
Jerald Kathnelson
—
Deed Of Trust
related
$200,000 · 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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