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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Residential income homes
386 Aster St Laguna Beach, CA 92651-1751
Individually Owned
12-yr Hold
Absentee Owner
Property ID
US09-1125185
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1922
Total area
2,346 SF
Lot
0.15 ac (6,615 SF)
APN
496-034-10
UPID
US09-1125185
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
$440k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$442k
Blend (final)
Blend
$550k
Owner & transaction history
Marilyn G Alexander · 12 yrs held
Marilyn G Alexander
since 2014
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
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$910,000
Current use
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$234 / 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
$25,806
Tax year 2024
Assessed value
$2,152,467
Assessed 2024
Previous assessed
$2,152,467
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,862,832
Assessed improvement
$289,635
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1922
Heating
NONE
Units
3
Total area
2,346 SF
Lot
0.15 ac (6,615 SF)
APN
496-034-10
UPID
US09-1125185
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
$910,000
APARTMENT HOUSE (5+ UNITS) Current
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
1922
Heating
NONE
Units
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
Marilyn G Alexander
Individual
Mailing address
711 N BAY FRNT FRONT, NEWPORT BEACH, CA 92662-1139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Apr 11, 2014
$1,791,000
Marilyn G Alexander
John P Kensey
Grant Deed
$1,164,150 · Fremont Bank
Apr 11, 2014
—
Kensey,trevor A Trust
Eftekharzadeh,sina
Quit Claim Deed
related
—
Jan 14, 2014
—
Kensey,trevor A Trust
Kensey,trevor A
Quit Claim Deed
related
—
Dec 18, 2012
—
Trevor A Kensey
Kensey John P Living Trust
Quit Claim Deed
related
—
Jul 17, 2012
—
Kensey John P Living Trust
Kensey John P Living Trust
Quit Claim Deed
related
$645,300 · First Republic Bank
Jun 5, 2001
$1,100,000
Kensey Trust
Bobt,pamela A
Grant Deed
$880,000 · City National Bank
Dec 16, 1999
$749,000
Pamela A Bobit
Upton Trust
Grant Deed
$561,750 · Washington Mutual Fsb
Nov 4, 1996
—
Charlotte Upton
Upton,
Quit Claim Deed
related
—
—
—
Kensey,tr
—
Deed Of Trust
related
$888,000 · City National Bank
—
—
Charlotte Upton
—
Deed Of Trust
related
$41,000 · First Interstate Bank Californ
—
—
Alexander,marilyn G Trust
—
Deed Of Trust
related
$1,155,800 · Bank Of The West
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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