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Property profile & analytics
OFF-MARKET
Estimated value
$6,035,000
Retail residential properties
354 Coast Hwy, Laguna Beach, CA 92651-1628
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1320331
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1966
Total area
2,500 SF
Lot
0.14 ac (6,000 SF)
APN
496-122-16
UPID
US09-1320331
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
-
Kelsey Michaels Fine Art Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.04M
Owner & transaction history
Olive Tree Investments LLC · 4 yrs held
Olive Tree Investments LLC
since 2021
Last sale
$6.0M
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 Laguna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Beach 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
$6,195,000
ML approach
$5,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.04M
Range $5.43M – $6.64M · ±10% · vs last sale $6.00M (Aug 12 2021)
Last sale anchor
$6.00M
Aug 12 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
$2,414 / 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
$64,377
Tax year 2024
Assessed value
$6,242,400
Assessed 2024
Previous assessed
$6,242,400
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$5,514,120
Assessed improvement
$728,280
Applied tax rate
5.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1966
Heating
NONE
Stories
1
Units
7
Total area
2,500 SF
Lot
0.14 ac (6,000 SF)
APN
496-122-16
UPID
US09-1320331
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
1966
Heating
NONE
Stories
1
Units
7
Lot
0.14 ac
Current owner
From public records · entity-resolved
Olive Tree Investments LLC
Entity
Mailing address
9821 CARMEL MTN RD, SAN DIEGO, CA 92129-2811
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
$6,000,000
Olive Tree Investments LLC
Cannon Heritage LP
Grant Deed
$2,100,000 · Thrivent FCU
Dec 27, 2006
$3,800,000
Cannon Heritage
Kiermeyer Kae Trust
Grant Deed
—
May 24, 2006
—
Kiermeyer Kae Trust
Kiermeyer,karol
Quit Claim Deed
related
—
Dec 19, 2005
—
K A E Kiermeyer
Kiermeyer,karol
Quit Claim Deed
related
—
Dec 14, 2005
—
Karol Kiermeyer
Kiermeyer,robert
Quit Claim Deed
related
—
Jan 19, 2001
$1,572,500
Robert Kiermeyer
Dick Avenue Corp
Grant Deed
$1,750,000 · Washington Mutual Fsb
Oct 10, 1997
$970,000
Dick Avenue Corp
King,john P
Grant Deed
$570,000 · Venture Partners INC
—
—
Dick Avenue Corp
—
Deed Of Trust
related
$150,000 · Individual
—
—
Karol Kiermeyer
—
Deed Of Trust
related
$800,000 · Bauer Anneliese Trust
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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