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Property profile & analytics
OFF-MARKET
Estimated value
$5,695,000
Apartment buildings
311 Clifton Ave Anaheim, CA 92805-5853
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US09-1123346
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
15,166 SF
Lot
0.47 ac (20,492 SF)
APN
234-152-06
UPID
US09-1123346
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
$5.70M
CAP Approach
CAP
$3.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.70M
Owner & transaction history
Afe Clifton LLC · 2 yrs held
Afe Clifton LLC
since 2024
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.1M
+10.2%
Auto repair, garage
$6.8M
+4.7%
Office building
$6.5M
+0.7%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
$5,695,000
ML approach
$5,695,000
CAP Approach
CAP Return
Estimation
6%
$3,940,000
6.5%
$3,640,000
7%
$3,380,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,460,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$7,115,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,765,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$6,505,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,075,000
Change: -6% · Conversion: Moderate
RETAIL STORES
$5,760,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$5.70M
Range $5.13M – $6.26M · ±10% · vs last sale $5.70M (May 20 2024)
Last sale anchor
$5.70M
May 20 2024
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
$376 / 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
$59,134
Tax year 2024
Assessed value
$4,993,920
Assessed 2024
Previous assessed
$4,993,920
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$4,161,600
Assessed improvement
$832,320
Applied tax rate
1.0000
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
1962
Heating
NONE
Stories
2
Units
16
Total area
15,166 SF
Lot
0.47 ac (20,492 SF)
APN
234-152-06
UPID
US09-1123346
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
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.1M
RETAIL STORES
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1962
Heating
NONE
Stories
2
Units
16
Lot
0.47 ac
Current owner
From public records · entity-resolved
Afe Clifton LLC
Entity
Mailing address
348 28TH ST, HERMOSA BEACH, CA 90254-2455
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
May 20, 2024
$5,695,000
Afe Clifton LLC
Mjs Investment Acquisitions LLC
Grant Deed
$2,500,000 · First Foundation Bank
Jan 21, 2022
—
Nanette Andrews
Ngozi Okafo
Intrafamily Transfer
related
—
Jan 18, 2022
$4,800,000
Mjs Investment Acquisitions LLC
Robert A Saslow
Grant Deed
$3,110,000 · First Foundation Bank
Mar 1, 2017
—
Lisa Saslow Canfield
Lisa Saslow Canfield
Grant Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Jun 26, 2014
—
Saslow-canfield,lisa Family Trust
Canfield,lisa
Quit Claim Deed
related
—
Mar 13, 2014
—
Canfield,lisa Family Trust
Canfield,lisa
Quit Claim Deed
related
—
Mar 4, 2014
—
Andrews,nanette Trust
Andrews,nanette
Quit Claim Deed
related
—
Feb 6, 2014
—
Futoran,jacque Family Trust
Futoran,jacque
Quit Claim Deed
related
—
Feb 3, 2014
—
Saslow 2013 Family Trust
Saslow,robert A
Quit Claim Deed
related
—
Jun 6, 2013
—
Jacque Futoran
Saslow Family Trust
Grant Deed
related
—
Apr 20, 2012
—
Saslow Family Exemption Trust
Saslow Family Trust
Quit Claim Deed
related
—
Apr 12, 2000
$975,000
Saslow Trust
Kuo,sze-ern & Maragret C
Grant Deed
$731,250 · Washington Mutual Fsb
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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