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Property profile & analytics
OFF-MARKET
Estimated value
$3,740,000
Residential income homes
324 Leatrice Ln, Anaheim, CA 92802-4287
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US09-1124390
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1963
Total area
4,520 SF
Lot
0.26 ac (11,129 SF)
APN
137-339-02
UPID
US09-1124390
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
-
Coast Roofing Anaheim Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.14M
Blend (final)
Blend
$3.74M
Owner & transaction history
Ek 324 Leatrice LLC · 4 yrs held
Ek 324 Leatrice LLC
since 2021
Last sale
$3.7M
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 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
$4,095,000
ML approach
$4,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.74M
Range $3.37M – $4.11M · ±10% · vs last sale $3.70M (Dec 17 2021)
Last sale anchor
$3.70M
Dec 17 2021
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
$827 / 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
$44,427
Tax year 2024
Assessed value
$3,849,480
Assessed 2024
Previous assessed
$3,849,480
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$3,433,320
Assessed improvement
$416,160
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
2
Units
4
Total area
4,520 SF
Lot
0.26 ac (11,129 SF)
APN
137-339-02
UPID
US09-1124390
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
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
2
Units
4
Lot
0.26 ac
Current owner
From public records · entity-resolved
Ek 324 Leatrice LLC
Entity
Mailing address
6 VIS DEL SOL, LAGUNA BEACH, CA 92651-6746
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 17, 2021
$3,700,000
Ek 324 Leatrice LLC
324 E Leatrice LLC
Grant Deed
$2,405,000 · Pacific Premier Bank
Dec 12, 2019
$3,148,000
324 E Leatrice LLC
Leatrice LLC
Grant Deed
related
$600,000 · Broadway Federal Bank Fsb
Sep 17, 2018
$2,230,000
Leatrice LLC
Ragsdale,jaemin
Grant Deed
—
Sep 7, 2011
$1,225,000
Jaemin Ragsdale
Mendoza,osvaldo P
Grant Deed
—
Sep 7, 2011
—
Jaemin Ragsdale
Samantha Kate Ragsdale
Intrafamily Transfer
related
—
Dec 15, 2004
—
Osvaldo P Mendoza
Mendoza,osvaldo P
Quit Claim Deed
related
$750,000 · Greenpoint Mortgage Funding
Jul 24, 2001
$569,000
Osvaldo P Mendoza
Caplis,stephen J & Monika
Grant Deed
$426,750 · Hawthorne Savings Bank Fsb
Jul 24, 2001
—
Osvaldo Mendoza
—
Quit Claim Deed
related
—
Mar 23, 2001
$175,000
Stephen J Caplis
Caplis,frank A & Elizabeth A
Grant Deed
related
—
Feb 16, 1988
—
Stephen J Caplis
Web S
Quit Claim Deed
related
—
—
—
Mendoza Torres
—
Deed Of Trust
related
$28,450 · Stephen J & Meniko L
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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