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Property profile & analytics
OFF-MARKET
Estimated value
$3,005,000
Apartment buildings
2452 Orangethorpe Ave, Fullerton, CA 92833-4255
Entity Owned
8-yr Hold
Absentee Owner
Property ID
US09-0601596
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
11,330 SF
Lot
2.05 ac (89,239 SF)
APN
071-051-80
UPID
US09-0601596
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
$2.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.01M
Owner & transaction history
Percy Village LLC · 8 yrs held
Percy Village LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.9M
+21.7%
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,155,000
6.5%
$2,910,000
7%
$2,705,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,995,000
Current use
OFFICE BUILDING
$4,860,000
Change: +22% · Conversion: Moderate
RETAIL STORES
$3,930,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,900,000
Change: -2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,810,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$3.01M
Range $2.70M – $3.31M · ±10%
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
$265 / 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
$149,358
Tax year 2024
Assessed value
$11,843,878
Assessed 2024
Previous assessed
$11,843,878
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$9,592,511
Assessed improvement
$2,251,367
Applied tax rate
3.0000
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 (5+ UNITS)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
2
Units
88
Total area
11,330 SF
Lot
2.05 ac (89,239 SF)
APN
071-051-80
UPID
US09-0601596
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.0M
OFFICE BUILDING
Est. value
$4.9M
RETAIL STORES
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1964
Heating
NONE
Stories
2
Units
88
Lot
2.05 ac
Current owner
From public records · entity-resolved
Percy Village LLC
Entity
Mailing address
111 N SEPULVEDA BLVD STE #330, MANHATTAN BEACH, CA 90266-6813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
—
Percy Village LLC
—
Deed
related
$10,300,000 · Pacific Premier Bank
Jan 2, 2018
—
Percy Village LLC
Percy Village LLC
Intrafamily Transfer
related
$900,000 · Pacific Premier Bank
Apr 13, 2012
—
Percy Village LLC
Mac 5 LLC
Grant Deed
—
Mar 21, 2008
$12,325,000
Mac 5 LLC
Ppc Horizon LLC
Grant Deed
$8,376,500 · Greystone Servicing Corp
Sep 14, 2005
—
Ppc Horizons LLC
Joseph A Dangelo
Grant Deed
$9,800,000 · Wachovia Bank NA
Feb 27, 2004
$10,500,000
Dangelo,joseph A & Daniel H
Citrus Pointe Apartments LLC
Trustees Deed
$7,875,000 · Vineyard Bank
Feb 27, 2004
—
Carter R Read
Read,shellie J
Quit Claim Deed
related
—
Sep 30, 2002
$8,450,000
Citrus Pointe Apartments LLC
2444 Orangethorpe Properties L
Grant Deed
$6,900,000 · Merrill Lynch Credit Corp
Feb 10, 1999
$4,240,000
2444 Orangethorpe Properties
Harper,i M
Grant Deed
$3,180,000 · Washington Mutual Fsb
Jul 31, 1997
$1,190,500
I M Harper
Nnm Partners Ltd
Grant Deed
related
—
Jun 14, 1996
—
Nnm,ptnrs
Coast,
Trustees Deed
related
$2,507,500 · Coast Federal Bank
May 14, 1996
$2,900,000
Coast Federal Bank
Jht Partners No Xi LP
Trustees Deed
related
—
Jul 24, 1992
—
Partners No Xi Jht
Coast Fed Bank
Grant Deed
$3,450,000 · Seller
Mar 30, 1992
$4,100,000
Coast Fed Bank
Beightol Inv
Trustees Deed
related
—
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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