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Property profile & analytics
OFF-MARKET
Estimated value
$2,160,000
Industrial properties
3505 Cadillac Ave Ste K2, Costa Mesa, CA 92626-1432
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2471994
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1982
Total area
5,840 SF
Lot
0.13 ac (5,850 SF)
APN
139-661-13
UPID
US09-2471994
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
-
Swiss Wire EDM Industrial Manufacturer
-
Goldsheep Clothing Textile Manufacturer
-
RUPA T WARD Marriage Or Relationship Counselor
-
T A Construction Construction Company
-
Counseling Costa Mesa - Pathways to Wellness Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$2.16M
Owner & transaction history
Yaoji Gu · 6 yrs held
Yaoji Gu
since 2020
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+30.6%
Apartment house (5+ units)
$2.8M
+20.4%
Neighborhood: shopping center
$2.7M
+17.8%
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
$1,955,000
ML approach
$2,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,325,000
Current use
RETAIL STORES
$3,040,000
Change: +31% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,800,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,740,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,605,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$2,165,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,045,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10% · vs last sale $2.33M (Sep 12 2024)
Last sale anchor
$2.33M
Sep 12 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
$370 / 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
$21,290
Tax year 2024
Assessed value
$1,769,131
Assessed 2024
Previous assessed
$1,769,131
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,501,083
Assessed improvement
$268,048
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1982
Heating
NONE
Stories
1
Total area
5,840 SF
Lot
0.13 ac (5,850 SF)
APN
139-661-13
UPID
US09-2471994
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.3M
RETAIL STORES
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (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
1982
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Yaoji Gu
Individual
Mailing address
1223 LEXINGTON GRN DR, MISSOURI CITY, TX 77459-2835
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
$1,650,000
Yaoji Gu
3505 Cadillac Building K LLC
Grant Deed
—
Dec 11, 2018
—
3505 Cadillac Building K LLC
—
Grant Deed
related
$1,155,000 · Matthews C L F/tr (rt)
Oct 15, 2014
$2,000,000
3505 Cadillac Building K LLC
Mts Holdings
Grant Deed
$1,300,000 · Citizens Business Bank
Jan 15, 1997
$403,000
Mts Holdings
National Bank Southern Ca
Trustees Deed
related
$201,480 · Heller Financial
Jan 15, 1997
$800,000
National Bank Southern Ca
Sierra 90
Trustees Deed
related
—
Jun 28, 1991
—
Sierra 90
Cambridge Park
Grant Deed
$100,000 · National Bank Southern Ca
Jan 1, 1991
—
Sierra,90
Unknown
Grant Deed
related
—
—
—
Mts Holdings
—
Deed Of Trust
related
$1,100,000 · General Electric Capital Corp
—
—
Mts Holdings
—
Deed Of Trust
related
$1,000,000 · Pacific Premier 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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