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Property profile & analytics
OFF-MARKET
Estimated value
$9,220,000
Warehouses
3050 Pullman St, Costa Mesa, CA 92626-5901
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0033126
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
30,660 SF
Lot
1.72 ac (74,974 SF)
APN
427-351-03
UPID
US09-0033126
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
-
GreenJobInterview Employment Agency Business Service Center
-
Brantley Agency Advertising Agency Marketing & Advertising
-
The Rokos Group Employment Agency
-
C G Marketing Group Advertising Agency Marketing & Advertising
-
XactBuilds Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.08M
CAP Approach
CAP
$7.32M
Comparable Approach
Comparable
$11.24M
Blend (final)
Blend
$9.22M
Owner & transaction history
Costa Mesa Abh LLC · 5 yrs held
Costa Mesa Abh LLC
since 2020
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$14.7M
+81.2%
Neighborhood: shopping center
$14.4M
+77.3%
Auto repair, garage
$13.7M
+68.6%
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
$9,940,000
ML approach
$10,075,000
CAP Approach
CAP Return
Estimation
6%
$7,925,000
6.5%
$7,315,000
7%
$6,790,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,110,000
Current use
APARTMENT HOUSE (5+ UNITS)
$14,700,000
Change: +81% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$14,380,000
Change: +77% · Conversion: Moderate
AUTO REPAIR, GARAGE
$13,675,000
Change: +69% · Conversion: Easy
INDUSTRIAL (GENERAL)
$12,210,000
Change: +51% · Conversion: Easy
OFFICE BUILDING
$11,375,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$9.22M
Range $8.30M – $10.14M · ±10% · vs last sale $8.38M (Jul 7 2020)
Last sale anchor
$8.38M
Jul 7 2020
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
$301 / 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
$106,834
Tax year 2024
Assessed value
$9,031,027
Assessed 2024
Previous assessed
$9,031,027
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$7,831,715
Assessed improvement
$1,199,312
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Total area
30,660 SF
Lot
1.72 ac (74,974 SF)
APN
427-351-03
UPID
US09-0033126
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
WAREHOUSE, STORAGE Current
Est. value
$8.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.4M
AUTO REPAIR, GARAGE
Est. value
$13.7M
INDUSTRIAL (GENERAL)
Est. value
$12.2M
OFFICE BUILDING
Est. value
$11.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1972
Heating
NONE
Stories
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
Costa Mesa Abh LLC
Entity
Mailing address
22136 STEEPLECHASE LN, DIAMOND BAR, CA 91765-3633
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2022
—
Costa Mesa Abh LLC
—
Deed
related
$2,245,000 · East West Bank
Jun 23, 2021
—
Costa Mesa Abh LLC
—
Deed
related
$5,000,000 · East West Bank
Jul 17, 2020
—
Costa Mesa Abh LLC
—
Deed
related
$10,000,000 · East West Bank
Jul 7, 2020
$8,380,000
Costa Mesa Abh LLC
Mitchell Of Fitch LLC
Grant Deed
—
Sep 8, 2006
—
Mitchell Fitch LLC
Building Exchange Co
Grant Deed
$773,000 · Southland Economic Development Corp
Mar 10, 2006
$5,550,000
Building Exchange Co
Kambiz Mahdi
Grant Deed
$3,600,000 · Wachovia Commercial Mortgage INC
May 21, 2004
—
Kambiz Maidi
Mahdi,bahareh
Quit Claim Deed
related
—
May 21, 2004
$1,276,500
Kambiz Mahdi
Mahdi,kambiz
Grant Deed
related
—
—
—
Kambiz Mahdi
—
Deed Of Trust
related
$1,124,000 · Home Investment & Loan
—
—
Kambiz Mahdi
—
Deed Of Trust
related
$456,000 · Ashford Cap Transition Fund I
—
—
Kambiz Mahdi
—
Deed Of Trust
related
$550,000 · Bet Trust
—
—
Kambiz Mahdi
—
Deed Of Trust
related
$1,000,000 · Fallbrook National Bank
—
—
Kambiz Mahdi
—
Deed Of Trust
related
—
—
—
Kambiz Mahdi
—
Deed Of Trust
related
$250,000 · Summit Financial Resources LP
—
—
Kambiz Mahdi
—
Deed Of Trust
related
$2,600,000 · California 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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