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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Residential income homes
430 La Veta Ave Orange, CA 92866-2611
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US09-1435914
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1965
Total area
5,204 SF
Lot
0.18 ac (7,700 SF)
APN
390-631-41
UPID
US09-1435914
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
$2.37M
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$2.53M
Owner & transaction history
Penelope Real Investments LLC · 2 yrs held
Penelope Real Investments LLC
since 2023
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+125.0%
Office building
$3.0M
+87.3%
Neighborhood: shopping center
$2.4M
+54.7%
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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$2,105,000
ML approach
$2,365,000
CAP Approach
CAP Return
Estimation
6%
$1,670,000
6.5%
$1,540,000
7%
$1,430,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,580,000
Current use
RESTAURANT
$3,550,000
Change: +125% · Conversion: Difficult
OFFICE BUILDING
$2,955,000
Change: +87% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,440,000
Change: +55% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,380,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,320,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$1,825,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±10% · vs last sale $3.45M (Nov 20 2023)
Last sale anchor
$3.45M
Nov 20 2023
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
$485 / 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
$19,679
Tax year 2024
Assessed value
$1,759,500
Assessed 2024
Previous assessed
$1,759,500
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,566,995
Assessed improvement
$192,505
Applied tax rate
8.0000
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
1965
Heating
NONE
Units
4
Total area
5,204 SF
Lot
0.18 ac (7,700 SF)
APN
390-631-41
UPID
US09-1435914
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
$1.6M
RESTAURANT
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1965
Heating
NONE
Units
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Penelope Real Investments LLC
Entity
Mailing address
18961 CASTLEGATE LN, SANTA ANA, CA 92705-2801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
—
Penelope Real Investments LLC
Joseph Cefalia JR
Intrafamily Transfer
related
—
Oct 14, 2022
$3,450,000
Joseph Cefalia JR
Christine Schneider
Grant Deed
$1,600,000 · Ronald P Beard Trust
Jul 1, 2003
—
Becker,tr
Becker,joseph-edeltruad
Quit Claim Deed
related
—
Apr 7, 2003
—
Joseph Becker
Becker,tr
Quit Claim Deed
related
$224,200 · Gmac Mortgage Corp
Nov 20, 1997
—
Joseph Becker
Becker,
Quit Claim Deed
related
—
Oct 15, 1997
$295,000
Joseph Becker
Weber Trust
Grant Deed
$236,000 · Western Financial Savings 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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