Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$42,320,000
Apartment buildings
24381 Avenida Sevilla Laguna Woods, CA 92637
Individually Owned
5-yr Hold
Property ID
US09-1842836
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1966
Total area
245,482 SF
Lot
19.72 ac (858,861 SF)
APN
621-101-07
UPID
US09-1842836
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
$42.32M
Owner & transaction history
Raymond T Dapp JR. · 5 yrs held
Raymond T Dapp JR.
since 2020
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
$172 / 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
$535,507
Tax year 2024
Assessed value
$52,853,617
Assessed 2024
Previous assessed
$52,853,617
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$33,334,485
Assessed improvement
$19,519,132
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
236
Total area
245,482 SF
Lot
19.72 ac (858,861 SF)
APN
621-101-07
UPID
US09-1842836
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
236
Lot
19.72 ac
Current owner
From public records · entity-resolved
Raymond T Dapp JR.
Individual
Mailing address
PO BOX 2220, LAGUNA HILLS, CA 92654-2220
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
136 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
—
Maureen Pearson
—
Deed
related
$188,000 · National Cooperative Bank NA
Jul 12, 2021
—
Sohil Sobhi
—
Deed
related
$173,600 · National Cooperative Bank NA
Jun 10, 2021
—
Laura J Moreno
—
Deed
related
$59,500 · National Cooperative Bank NA
Feb 5, 2021
—
Don S West
—
Deed
related
$128,000 · National Cooperative Bank NA
Oct 26, 2020
—
Tahnee H Blondel
—
Deed
related
$87,000 · National Cooperative Bank NA
Sep 29, 2020
—
Allan Williams
—
Deed
related
$106,000 · National Cooperative Bank NA
Sep 8, 2020
—
Raymond T Dapp JR.
Melody E W Dapp
Quit Claim Deed
related
$125,600 · National Cooperative Bk
Aug 5, 2020
—
Madhav Kale
—
Deed
related
$256,000 · National Cooperative Bank NA
Aug 3, 2020
—
Kevin Dean Weiss
—
Deed
related
$224,000 · National Cooperative Bank NA
Mar 3, 2020
—
Owner Name Unavailable
Barbara J Marshment
Affidavit Of Death
related
$180,000 · National Cooperative Bank NA
Dec 30, 2019
—
Don S West
—
Deed
related
$130,000 · National Cooperative Bank NA
Dec 26, 2019
—
Owner Name Unavailable
Darlene M Crawford
Affidavit Of Death
related
$130,000 · National Cooperative Bank NA
Jul 5, 2019
—
Allan Williams
—
Deed
related
$316,000 · National Cooperative Bank NA
Jun 24, 2019
—
Katherine D Stephens
—
Deed
related
$150,000 · National Cooperative Bank NA
Apr 30, 2019
—
The Paul And Luisa Oodshaw Family T
—
Deed
related
$212,000 · Ncb Fsb
Apr 13, 2018
—
Lee I Henseler
—
Deed
related
$100,000 · National Consumer Cooperative Bank
Feb 2, 2018
—
William R Stow III
—
Deed
related
$204,000 · Ncb Fsb
Sep 6, 2017
—
Lan Nguyen Weiss
—
Deed
related
$228,000 · Ncb Fsb
May 31, 2017
—
Dorothy Jane Dorrell
—
Deed
related
$135,000 · Ncb Fsb
May 8, 2017
—
Janet A Wilson
—
Deed
related
$100,000 · Ncb Fsb
Apr 27, 2017
$200,000
Federal Natl Mtg Assn
Mtc Financial INC|luedtke,mary R
Trustees Deed
related
—
Jan 10, 2017
—
Blue 5 Trust
—
Deed
related
$168,000 · National Cooperative Bk
Nov 28, 2016
—
John Thacker
—
Deed
related
$138,000 · Ncb Fsb
Nov 21, 2016
—
Theresa A Sommers
—
Deed
related
$94,000 · National Cooperative Bank NA
Oct 31, 2016
—
Anna C Borlin
—
Deed
related
$44,500 · Catherine A Goldberg
Jul 8, 2016
—
Harmaning,j C JR Trust
Harmaning,james C JR
Quit Claim Deed
related
—
Jun 7, 2016
—
Keith L Bruner
—
Deed
related
$118,000 · National Cooperative Bank NA
May 3, 2016
—
Jean A Meyers
—
Deed
related
$263,000 · Layne S Brown
Jan 3, 2014
$31,110
United Laguna Woods Mutual
Association Lien Services
Trustees Deed
related
—
Oct 5, 2012
$219,521
Federal Natl Mtg Assn Fnma
Robert E Weiss INC
Trustees Deed
—
Jun 21, 2011
$80,000
Ncb Fsb
Robert E Weiss INC
Trustees Deed
related
—
Feb 25, 2011
—
Federal Natl Mtg Assn Fnma
Ncb Fsb
Grant Deed
—
Sep 27, 2010
$158,454
Federal Natl Mtg Assn Fnma
Robert E Weiss INC
Trustees Deed
related
—
Jun 28, 2010
$62,000
Ncb Fsb
Robert E Weiss INC
Trustees Deed
related
—
Jun 17, 2010
—
Bozena Gorska
Baker,edward J
Affidavit Of Death
related
—
Jun 16, 2010
—
Mark Pagano
Pagano,janna M
Quit Claim Deed
related
$129,600 · Ncb Savings Bank
Apr 2, 2010
$56,439
Ncb Fsb
Robert E Weiss INC
Trustees Deed
related
—
Jul 6, 2009
—
Hays Family Trust
Hays,rosalie C
Affidavit Of Death
related
—
Dec 9, 2008
$70,000
Ncb Fsb
Robert E Weiss
Trustees Deed
related
—
Jul 16, 2008
—
Sheldon L Theodore
Thoedore,tamara P
Grant Deed
related
$128,000 · Ncb Savings Bank
Jan 9, 2008
—
Mohammad Douroudian
Douroudian,virginia
Quit Claim Deed
related
$100,000 · Ncb Savings Bank
Jul 18, 2007
—
Robert Kliever
Kliever,janice L
Quit Claim Deed
related
$110,000 · California Bank & Trust
Sep 1, 2005
—
Mary R Luedtke
Luedtke,verle R
Quit Claim Deed
related
$200,793 · Financial Freedom Senior Fundi
—
—
Darlene Owens
—
Deed Of Trust
$82,500 · Ncb Savings Bank
—
—
Hope D Mayfield
—
Deed Of Trust
related
$133,600 · Ncb Savings Bank
—
—
Vicki L Good
—
Deed Of Trust
related
$131,000 · Ncb Savings Bank
—
—
James K Wick
—
Deed Of Trust
related
$86,625 · Ncb Savings Bank
—
—
King William T & N J Fam Trust
—
Deed Of Trust
related
$81,500 · Ncb Savings Bank
—
—
Smith M Kang
—
Deed Of Trust
related
$120,000 · Ncb Savings Bank
—
—
Phyllis V Peterson
—
Deed Of Trust
related
$184,000 · California Bank & Trust
—
—
Armando Flores
—
Deed Of Trust
related
$2,900 · Ravenna Corp
—
—
Wan Y Park
—
Deed Of Trust
related
$151,200 · Ncb Savings Bank
—
—
Timothy Metz
—
Deed Of Trust
related
$92,000 · Ncb Savings Bank
—
—
Lynn Bridgman
—
Deed Of Trust
related
$105,000 · Ncb Savings Bank
—
—
Brian K Bencz
—
Deed Of Trust
related
$64,000 · Ncb Savings Bank
—
—
Greenes Family Trust
—
Deed Of Trust
related
$185,000 · Ncb Savings Bank
—
—
Nancy Pearlman
—
Deed Of Trust
related
$155,000 · Ncb Savings Bank
—
—
Maria E Venturini
—
Deed Of Trust
related
$99,000 · Ncb Savings Bank
—
—
Pedro Perez JR.
—
Deed Of Trust
related
$225,000 · Ncb Savings Bank
—
—
Darvin Trust
—
Deed Of Trust
related
$240,000 · Ncb Savings Bank
—
—
Daniel J Farley
—
Deed Of Trust
related
$123,200 · California Bank & Trust
—
—
Judi A Turco
—
Deed Of Trust
related
$206,150 · Ncb Savings Bank
—
—
Jean A Meyers
—
Deed Of Trust
related
$263,000 · Layne S Brown
—
—
Peterson,phyllis V Trust
—
Deed Of Trust
related
$90,000 · Ncb Svgs Bk
—
—
Blue 5 Trust
—
Deed Of Trust
related
$168,000 · National Cooperative Bk
—
—
Richmond Trust
—
Deed Of Trust
related
$20,000 · California Bank & Trust
—
—
Anna C Borlin
—
Deed Of Trust
related
$44,500 · Catherine A Goldberg
—
—
Buselt,john & Ann-marie Phyllis
—
Deed Of Trust
related
$196,000 · Ncb Svgs Bk
—
—
Rober L Van Beek
—
Deed Of Trust
related
$139,500 · Ncb Savings Bank
—
—
Robert J Consla
—
Deed Of Trust
related
$25,000 · First Interstate Bank Californ
—
—
Pamela S Hernandez
—
Deed Of Trust
related
$75,000 · Ncb Savings Bank
—
—
Dorothy J Dorrell
—
Deed Of Trust
related
$75,000 · Ncb Savings Bank
—
—
Enriquez Family Trust
—
Deed Of Trust
related
$249,500 · Ncb Savings Bank
—
—
Craig Mandelbaum
—
Deed Of Trust
related
$75,000 · Ncb Savings Bank
—
—
Raymond Gonzalez
—
Deed Of Trust
related
$88,000 · Ncb Savings Bank
—
—
Mandel Family Trust 1984
—
Deed Of Trust
related
$200,000 · Ncb Savings Bank
—
—
Edward J Jarema
—
Deed Of Trust
related
$128,100 · Ncb Savings Bank
—
—
Donna Marzovilla
—
Deed Of Trust
related
$75,200 · Ncb Savings Bank
—
—
Jeffrey E Allee
—
Deed Of Trust
related
$74,000 · Ncb Savings Bank
—
—
Chris J Longo
—
Deed Of Trust
related
$69,750 · Ncb Savings Bank
—
—
R Steven Bull
—
Deed Of Trust
related
$88,000 · Ncb Savings Bank
—
—
Lloyd Cannon
—
Deed Of Trust
related
$92,500 · Ncb Savings Bank
—
—
Wan Y Park
—
Deed Of Trust
related
$151,500 · Ncb Savings Bank
—
—
Marjorie A Brakebush
—
Deed Of Trust
related
$70,300 · California Bank & Trust
—
—
Verle Luedtke
—
Deed Of Trust
related
$97,000 · Ncb Savings Bank
—
—
Elliott Cranford
—
Deed Of Trust
related
$78,375 · El Dorado Savings & Loan
—
—
King,tr
—
Deed Of Trust
related
$103,000 · Ncb Savings Bank
—
—
Koch,tr
—
Deed Of Trust
related
$100,000 · California Bank & Trust
—
—
Donald J J Dodge
—
Deed Of Trust
related
$20,000 · El Dorado Savings & Loan
—
—
Frank Negrete
—
Deed Of Trust
related
$55,600 · California Bank & Trust
—
—
James F Shafer
—
Deed Of Trust
related
$85,000 · Ncb Savings Bank
—
—
Joel M Liebowitz
—
Deed Of Trust
related
$35,625 · El Dorado Savings Bank
—
—
Enriquez Family Trust
—
Deed Of Trust
related
$229,410 · Ncb Savings Bank
—
—
Carolynn O Marshall
—
Deed Of Trust
related
$100,000 · California Bank & Trust
—
—
Harry Perkowitz
—
Deed Of Trust
related
$132,000 · Ncb Savings Bank
—
—
Dan Alvino
—
Deed Of Trust
related
$151,600 · Ncb Savings Bank
—
—
Robert S Rima
—
Deed Of Trust
related
$132,000 · Ncb Savings Bank
—
—
Jonell B Rogers
—
Deed Of Trust
related
$99,000 · Ncb Savings Bank
—
—
Donald R Schwab
—
Deed Of Trust
related
$136,000 · California Bank & Trust
—
—
Nathan Rapp
—
Deed Of Trust
related
$30,000 · El Dorado Savings & Loan
—
—
Marlene K Stewart
—
Deed Of Trust
related
$99,000 · Ncb Savings Bank
—
—
Leo C Coleman
—
Deed Of Trust
related
$135,000 · California Bank & Trust
—
—
Virginia Rettig
—
Deed Of Trust
related
$132,000 · Ncb Savings Bank
—
—
Verle L Luedtke
—
Deed Of Trust
related
$35,950 · First Interstate Bank Californ
—
—
Watts George W
—
Deed Of Trust
related
$56,500 · First Interstate Bank Californ
—
—
Elizabeth A Franks
—
Deed Of Trust
related
$162,900 · Ncb Savings Bank
—
—
Maminski,tr
—
Deed Of Trust
related
$82,500 · Ncb Savings Bank
—
—
Zuber,tr
—
Deed Of Trust
related
$62,000 · California Bank & Trust
—
—
Maureen Pearson
—
Deed Of Trust
related
$245,250 · Ncb Savings Bank
—
—
Rosa Najman
—
Deed Of Trust
related
$52,000 · First Interstate Bank Californ
—
—
Shay Y Tal
—
Deed Of Trust
related
$123,000 · Ncb Savings Bank
—
—
Marlene R Brouch
—
Deed Of Trust
related
$180,500 · Ncb Savings Bank
—
—
Amalia C Kahler
—
Deed Of Trust
related
$220,950 · Ncb Savings Bank
—
—
Marlene Brouch
—
Deed Of Trust
related
$181,000 · Ncb Savings Bank
—
—
Waldo Family Trust
—
Deed Of Trust
related
$108,374 · Financial Freedom Senior Fundi
—
—
William C Holmes
—
Deed Of Trust
related
$16,000 · Ncb Savings Bank
—
—
Russell Family Living Trust
—
Deed Of Trust
related
$156,000 · Ncb Savings Bank
—
—
Harriett Roberts
—
Deed Of Trust
related
$148,000 · Ncb Savings Bank
—
—
Roger Mildred Living Trust
—
Deed Of Trust
related
$197,277 · Financial Freedom Senior Fundi
—
—
Weingand Dale Trust
—
Deed Of Trust
related
$140,508 · Financial Freedom Senior Fundi
—
—
Juan C Raimondo
—
Deed Of Trust
related
$145,000 · Ncb Savings Bank
—
—
Nitin V Desai
—
Deed Of Trust
related
$209,600 · California Bank & Trust
—
—
Leo C Coleman
—
Deed Of Trust
related
$165,000 · California Bank & Trust
—
—
William C Holmes
—
Deed Of Trust
related
$120,000 · Ncb Savings Bank
—
—
Michel Charon
—
Deed Of Trust
related
$218,892 · Financial Freedom Senior Fundi
—
—
Edward M Reinig
—
Deed Of Trust
related
$192,209 · Financial Freedom Senior Fundi
—
—
Helen Reta
—
Deed Of Trust
related
$132,300 · Ncb Savings Bank
—
—
Jung A Lee
—
Deed Of Trust
related
$162,400 · Ncb Savings Bank
—
—
Vicki L Good
—
Deed Of Trust
related
$130,000 · Ncb Savings Bank
—
—
Regina W Bohn
—
Deed Of Trust
related
$128,000 · Ncb Savings Bank
—
—
Don E Smith
—
Deed Of Trust
related
$202,500 · Ncb Savings Bank
—
—
Raymond Gonzalez
—
Deed Of Trust
related
$110,160 · Ncb Savings Bank
—
—
Janet H Sanal
—
Deed Of Trust
related
$129,496 · Financial Freedom Senior Fundi
—
—
Sonia S Rein
—
Deed Of Trust
related
$216,345 · Financial Freedom Senior Fundi
—
—
Ronald S Buck
—
Deed Of Trust
related
$257,400 · Ncb Savings Bank
—
—
Daryl R Swander
—
Deed Of Trust
related
$57,000 · California Bank & Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24381 Avenida Sevilla?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.