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Property profile & analytics
OFF-MARKET
Estimated value
$3,350,000
Apartment buildings
3040 Filmore Way Costa Mesa, CA 92626-8813
Entity Owned
Absentee Owner
Property ID
US09-2840349
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
6,895 SF
Lot
0.27 ac (11,908 SF)
APN
141-134-23
UPID
US09-2840349
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
$3.41M
CAP Approach
CAP
$2.25M
Comparable Approach
Comparable
$4.47M
Blend (final)
Blend
$3.35M
Owner & transaction history
Pn Oil INC
Pn Oil INC
since 2026
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+42.3%
Retail stores
$3.6M
+8.5%
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$3,380,000
ML approach
$3,410,000
CAP Approach
CAP Return
Estimation
6%
$2,440,000
6.5%
$2,250,000
7%
$2,090,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,305,000
Current use
RESTAURANT
$4,705,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$3,585,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,235,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,075,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,745,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.35M
Range $3.02M – $3.69M · ±10% · vs last sale $3.30M (Jan 8 2026)
Last sale anchor
$3.30M
Jan 8 2026
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
$486 / 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
$32,387
Tax year 2024
Assessed value
$2,850,000
Assessed 2024
Previous assessed
$2,850,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,556,668
Assessed improvement
$293,332
Applied tax rate
15.0000
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
1963
Heating
NONE
Stories
2
Units
6
Total area
6,895 SF
Lot
0.27 ac (11,908 SF)
APN
141-134-23
UPID
US09-2840349
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
$3.3M
RESTAURANT
Est. value
$4.7M
RETAIL STORES
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1963
Heating
NONE
Stories
2
Units
6
Lot
0.27 ac
Current owner
From public records · entity-resolved
Pn Oil INC
Entity
Mailing address
52 COPPER CRK, IRVINE, CA 92603-0305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
$3,300,000
Pn Oil INC
Rs Real Estate Plus
Grant Deed
$1,750,000 · California Bank Of Commerce
Jun 28, 2024
—
Rs Real Estate Plus
—
Deed
related
$2,336,250 · Gcg Fund 1 LLC
Jul 12, 2023
$2,850,000
Rs Real Estate Plus
Lisa A Soli
Grant Deed
$2,418,250 · Gcg Fund 1 LLC
Jul 12, 2023
—
Lisa A Soli
Lisa Ann Soli
Intrafamily Transfer
related
—
Jun 19, 2017
—
Lisa A Soli
Hadden Nancy R Trust
Quit Claim Deed
related
—
Mar 11, 1997
—
Nancy Hadden
Hadden,
Quit Claim Deed
related
—
—
—
Saghir A Aslam
—
Deed Of Trust
related
$288,700 · Great Western Bank
—
—
Hadden Trust
—
Deed Of Trust
related
$45,000 · Term Capital Corp
—
—
Phill Richardson
—
Deed Of Trust
related
$47,500 · Aslam Saghir A
—
—
Phill Richardson
—
Deed Of Trust
related
$332,500 · Glendale Federal 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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