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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Residential income homes
3702 Howard Ave, Los Alamitos, CA 90720-3660
Trust Owned
9-yr Hold
Absentee Owner
Property ID
US09-1254238
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1977
Total area
4,289 SF
Lot
0.2 ac (8,920 SF)
APN
222-062-05
UPID
US09-1254238
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
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Lee Family Trust · 9 yrs held
Lee Family Trust
since 2016
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 Los Alamitos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Alamitos 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,510,000
6.5%
$1,390,000
7%
$1,290,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,300,000
Current use
WAREHOUSE, STORAGE
$1,135,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10%
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
$237 / 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
$17,902
Tax year 2024
Assessed value
$1,432,573
Assessed 2024
Previous assessed
$1,432,573
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,150,992
Assessed improvement
$281,581
Applied tax rate
22.0000
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
1977
Heating
NONE
Stories
2
Units
4
Total area
4,289 SF
Lot
0.2 ac (8,920 SF)
APN
222-062-05
UPID
US09-1254238
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
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1977
Heating
NONE
Stories
2
Units
4
Lot
0.2 ac
Current owner
From public records · entity-resolved
Lee Family Trust
Trust
Mailing address
13011 BAHIA DR, CERRITOS, CA 90703-7310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Nov 14, 2016
—
Lee Family Trust
Lee,paul L & Pichin M
Quit Claim Deed
related
—
Oct 26, 2016
—
Lee Family Trust
Lee,paul L & Pichin M
Quit Claim Deed
related
—
Oct 25, 2016
—
Paul Ling Lee
Paul Ling Lee
Intrafamily Transfer
related
$525,000 · Bay Valley Mortgage Group
Feb 18, 2016
—
Lee Family Trust
Lee,paul L & Pichin M
Quit Claim Deed
related
—
Feb 17, 2016
—
Paul Ling Lee
Paul Ling Lee
Intrafamily Transfer
related
$530,000 · Bay Valley Mortgage Group
Jan 15, 2014
—
Lee Family Trust
Lee,paul L & Pichin M
Quit Claim Deed
related
—
Dec 5, 2013
$1,192,000
Paul Ling Lee
Timothy M Bukky
Grant Deed
$550,000 · Tj Financial INC
Nov 26, 2007
—
Timothy M Bukky
Debra J Bukky
Intrafamily Transfer
related
$801,950 · Indymac Bank Fsb
—
—
Debra J Bukky
—
Deed Of Trust
related
$412,500 · Lendingcorner Com
—
—
Lloyd Fritz
—
Deed Of Trust
related
$359,000 · Renet Financial Corp
—
—
Debra J Bukky
—
Deed Of Trust
related
$330,000 · Greenpoint Mortgage Funding
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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