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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
2934 Coast Hwy Corona Del Mar, CA 92625-2208
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3342372
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Total area
1,702 SF
Lot
0.13 ac (5,619 SF)
APN
459-183-03
UPID
US09-3342372
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
$315k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
2934 Cdm LLC · 6 yrs held
2934 Cdm LLC
since 2019
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 Corona Del Mar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corona Del Mar 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
$315,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
RETAIL STORES
$830,000
Current use
COMMERCIAL (GENERAL)
$815,000
Change: -2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: -4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$760,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$297 / 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
$11,836
Tax year 2024
Assessed value
$1,087,652
Assessed 2024
Previous assessed
$1,087,652
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$965,560
Assessed improvement
$122,092
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1982
Heating
NONE
Stories
1
Total area
1,702 SF
Lot
0.13 ac (5,619 SF)
APN
459-183-03
UPID
US09-3342372
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
RETAIL STORES Current
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$760,000
OFFICE BUILDING
Est. value
$730,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1982
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
2934 Cdm LLC
Entity
Mailing address
17 CASTELLINA DR, NEWPORT BEACH, CA 92657-1615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2019
—
2934 Cdm LLC
Berstrom Living Trust
Quit Claim Deed
—
Dec 2, 2019
—
Bergstrom Living Trust
Eric N Bergtrom
Quit Claim Deed
related
—
Nov 18, 2019
—
Eric N Bergstrom
Dakota Investments LLC
Quit Claim Deed
—
Mar 22, 2016
—
Limited Liability Cats LLC
Nett Jeneale M Living Trust
Quit Claim Deed
related
—
Feb 25, 2013
—
Nett Jeneale M Living Trust
Nett,jeneale M
Quit Claim Deed
related
—
Nov 14, 2012
—
Dakota Investments LLC
Bergstrom,eric N
Grant Deed
—
Feb 6, 2012
—
Jeneale M Nett
Bergstrom Family Trust
Grant Deed
related
—
Oct 13, 1988
—
Neale Bergstrom
Bergstrom Neale
Quit Claim Deed
related
$422,100 · Provident Savings Bank
—
—
Bergstrom Trust
—
Deed Of Trust
related
$20,000 · First American Capital Bank
—
—
Bergstrom Trust
—
Deed Of Trust
related
$65,000 · First American Capital Bank
—
—
Bergstom Family Trust
—
Deed Of Trust
related
$500,000 · Pacific Enterprise 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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