Technical
Financial
Distress signals
Property profile

283 Avocado St C Costa Mesa, CA 92627

OFF-MARKET
Apartment buildings
Property ID
US09-1440255
14,159 SF 0.43 ac lot Built 1973
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1973
Total area 14,159 SF
Lot 0.43 ac (18,592 SF)
APN 419-071-20
UPID US09-1440255

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Law Firm
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

283 Avocado St, Unit C Costa Mesa, CA 92627-5628
Costa Mesa metro Census 63906 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.65M
CAP Approach CAP
$4.63M
Comparable Approach Comparable
$3.55M
Blend (final) Blend
$5.65M

Owner & transaction history

since 2022
Last sale
$5.7M
4 recorded transactions
2022
$7.1M
1995
$1.6M
1991
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $9.0M +33.2%
Retail stores $8.7M +27.5%
Commercial (general) $8.6M +26.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 283 Avocado St, Unit C?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message