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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Investment properties
2721 Coast Hwy, Newport Beach, CA 92663-4723
Trust Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2808564
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1948
Total area
3,732 SF
Lot
0.18 ac (7,630 SF)
APN
459-171-14
UPID
US09-2808564
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
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$511k
Blend (final)
Blend
$640k
Owner & transaction history
Brown Trustee · 29 yrs held
Brown Trustee
since 1997
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 Newport Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport Beach 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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$171 / 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
$19,408
Tax year 2024
Assessed value
$1,572,816
Assessed 2024
Previous assessed
$1,572,816
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$712,966
Assessed improvement
$859,850
Applied tax rate
7.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1948
Heating
NONE
Stories
1
Units
6
Total area
3,732 SF
Lot
0.18 ac (7,630 SF)
APN
459-171-14
UPID
US09-2808564
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
1948
Heating
NONE
Stories
1
Units
6
Lot
0.18 ac
Current owner
From public records · entity-resolved
Brown Trustee
Trust
Mailing address
2707 WINDOVER DR, CORONA DEL MAR, CA 92625-1330
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2004
—
Brown Jeffrey Trust
—
Deed Of Trust
related
$2,511,628 · Brown Carol (te)
Aug 30, 2001
—
Brown Trust
—
Deed Of Trust
related
$3,000,000 · Brown Trust
May 18, 2001
—
Jeffrey Brown
—
Grant Deed
related
—
Jun 11, 1997
$985,000
Brown Trustee
Ornage National Bank
Grant Deed
$395,000 · Orange National Bank
Mar 1, 1995
$1,076,497
Orange National Bank
Yadegaran,barokh
Trustees Deed
related
—
Jan 18, 1995
—
Edo
Yadeg,
Grant Deed
related
—
Apr 18, 1990
$370,000
Yadegaran Barokh
Exchange Service
Trustees Deed
$950,000
Apr 18, 1990
—
Exchange Service
Behzadassiri Fer
Trustees Deed
related
—
Oct 5, 1988
$98,000
Yadegaran Barokh
York David
Grant Deed
$129,000 · Money Tree Finan
—
—
Barokh Yadegaran
—
Deed Of Trust
related
$100,000 · Orange National Bank
—
—
Yadearan Barokh
—
Deed Of Trust
related
$150,000 · Caiseph Enterpri
—
—
Barokh Yadegaran
—
Deed Of Trust
related
$1,000,000 · Orange National 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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