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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Apartment buildings
3926 Franklin Ave, Fullerton, CA 92833-3468
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US09-7214257
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
7,410 SF
Lot
0.44 ac (19,044 SF)
APN
070-223-15
UPID
US09-7214257
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
$2.67M
CAP Approach
CAP
$1.91M
Comparable Approach
Comparable
$2.96M
Blend (final)
Blend
$2.67M
Owner & transaction history
3926 Franklin LLC · 1 yrs held
3926 Franklin LLC
since 2024
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.5M
+33.1%
Auto repair, garage
$3.3M
+26.5%
Office building
$3.2M
+21.7%
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
$2,665,000
ML approach
$2,665,000
CAP Approach
CAP Return
Estimation
6%
$2,065,000
6.5%
$1,905,000
7%
$1,770,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,475,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,305,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$3,180,000
Change: +22% · Conversion: Moderate
RETAIL STORES
$2,570,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,550,000
Change: -2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,490,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±10% · vs last sale $2.67M (Sep 4 2024)
Last sale anchor
$2.67M
Sep 4 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
$360 / 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
$19,078
Tax year 2024
Assessed value
$1,539,283
Assessed 2024
Previous assessed
$1,539,283
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,023,636
Assessed improvement
$515,647
Applied tax rate
3.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Heating
NONE
Stories
2
Units
10
Total area
7,410 SF
Lot
0.44 ac (19,044 SF)
APN
070-223-15
UPID
US09-7214257
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
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1985
Heating
NONE
Stories
2
Units
10
Lot
0.44 ac
Current owner
From public records · entity-resolved
3926 Franklin LLC
Entity
Mailing address
4601 WILSHIRE BLVD STE #225, LOS ANGELES, CA 90010-3883
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
—
Franklin LLC
—
Deed
related
$1,400,000 · Royal Business Bank
Sep 4, 2024
$2,665,000
3926 Franklin LLC
Shaun Razmy
Grant Deed
—
May 19, 2017
—
Razmy,shaun Living Trust
Razmy,shaun
Quit Claim Deed
related
—
Jul 25, 2011
—
Shaun Razmy
Razmy,sherwin
Quit Claim Deed
related
—
Nov 6, 2009
—
Sherwin Razmy
Razmy,shaun
Quit Claim Deed
related
—
Sep 18, 2007
—
Shaun Razmy
Razmy,niloo
Quit Claim Deed
related
—
Sep 18, 2007
$630,000
Sherwin Razmy
Godsey,boyce & Marianne
Grant Deed
—
Nov 14, 2005
$1,760,000
Boyce Godsey
Sharad M Gima
Grant Deed
$1,000,000 · Washington Mutual Bank
Nov 14, 2005
—
Sharad M Gima
Gima,michael A & Sheela M
Quit Claim Deed
related
—
Sep 12, 2003
—
Sharad M Gima
Vu,tr
Grant Deed
related
$944,000 · Abn Amro Mortgage Group INC
Jun 11, 2003
—
Vu,tr
Vu,carolyn X
Quit Claim Deed
related
—
Jul 12, 2001
—
William Foley
—
Grant Deed
related
—
Dec 20, 1988
$830,000
Indus Assoc Ltd
Venture Partners
Trustees Deed
$560,000 · Glendale Federal Bank
Dec 20, 1988
—
Venture Partners
Manassero Stephe
Trustees Deed
related
—
Feb 29, 1988
$749,000
Properties I Ecb
Vatav
Trustees Deed
—
Feb 29, 1988
$251,000
Subhash Vatave
Manak
Grant Deed
related
—
—
—
Carolyn X Vu
—
Deed Of Trust
related
$35,000 · Indus Associates Ltd
—
—
Carolyn X Vu
—
Deed Of Trust
related
$525,000 · Washington Mutual Fsb
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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