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Property profile & analytics
FOR LEASE
Commercial real estate
25201 La Paz Rd Laguna Hills, CA 92653-5118
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3234876
For Lease
1 / 29
$2,705,000
25201 La Paz Rd, Laguna Hills, CA 92653-5118
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Total area
10,325 SF
Lot
0.55 ac (24,074 SF)
APN
620-181-04
UPID
US09-3234876
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.52M
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$2.71M
Owner & transaction history
Lake Forest Realty LLC · 2 yrs held
Lake Forest Realty LLC
since 2023
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.0M
+56.4%
Industrial (general)
$3.4M
+32.3%
Office building
$2.9M
+11.9%
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 Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Hills 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
$2,350,000
ML approach
$2,515,000
CAP Approach
CAP Return
Estimation
6%
$2,905,000
6.5%
$2,680,000
7%
$2,490,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,565,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,010,000
Change: +56% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,390,000
Change: +32% · Conversion: Moderate
OFFICE BUILDING
$2,870,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.90M (Oct 4 2023)
Last sale anchor
$2.90M
Oct 4 2023
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
$262 / 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
$29,842
Tax year 2024
Assessed value
$2,900,000
Assessed 2024
Previous assessed
$2,900,000
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$2,042,048
Assessed improvement
$857,952
Applied tax rate
31.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1973
Heating
NONE
Stories
2
Total area
10,325 SF
Lot
0.55 ac (24,074 SF)
APN
620-181-04
UPID
US09-3234876
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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1973
Heating
NONE
Stories
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Lake Forest Realty LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1019 FARM HVN DR, ROCKVILLE, MD 20852-4247
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
$2,900,000
Lake Forest Realty LLC
Maria Alejandra Espinoza
Grant Deed
—
Sep 8, 2021
$3,700,000
Raymond G Espinoza
Rick Tarbell
Grant Deed
$700,000 · Over The Top Defined Benefit Pensio
Dec 22, 2020
—
Tarbell,crt 2020 Trust
Richard M Tarbell
Quit Claim Deed
related
—
Dec 31, 2012
—
Richard M Tarbell
Tarbell Family Trust
Quit Claim Deed
related
—
Dec 31, 2012
$52,500
Tarbell Family Trust
Tarbell Frank M Trust
Grant 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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