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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Community centers
4401 1st St Santa Ana, CA 92703-4016
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3148743
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1978
Total area
10,316 SF
Lot
1.09 ac (47,383 SF)
APN
100-282-38
UPID
US10-3148743
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
-
Trieu Chau Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
First Newport Plaza LLC · 14 yrs held
First Newport Plaza LLC
since 2012
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 Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana 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%
$3,145,000
6.5%
$2,900,000
7%
$2,695,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,840,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,225,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$3,955,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±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
$282 / 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
$47,718
Tax year 2024
Assessed value
$3,505,473
Assessed 2024
Previous assessed
$3,505,473
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,679,582
Assessed improvement
$825,891
Applied tax rate
11.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Units
2
Total area
10,316 SF
Lot
1.09 ac (47,383 SF)
APN
100-282-38
UPID
US10-3148743
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
RETAIL STORES
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
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
1978
Heating
NONE
Stories
1
Units
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
First Newport Plaza LLC
Entity
Mailing address
6606 SILENT HBR DR, HUNTINGTON BEACH, CA 92648-2642
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Feb 7, 2022
—
First Newport Plaza LLC
—
Deed
related
$1,080,000 · Bank Of The West
Feb 3, 2012
—
First Newport Plaza LLC
Truong & Chan Family Trust
Grant Deed
$1,420,000 · Bank Of The West
Jan 7, 2011
—
Truong & Chan Family Trust
Truong,eric
Quit Claim Deed
related
—
May 3, 2006
—
Eric Truong
Liu Edward M & R H Trust
Grant Deed
$1,500,000 · Greenpoint Mortgage Funding
Oct 1, 2003
—
Liu,tr
—
Deed Of Trust
related
$4,000,000 · Cathay Bank
Aug 17, 1995
—
Edward Liu
Liu,
Quit Claim Deed
related
—
Sep 6, 1990
$97,000
Al G Kampa
Kanemaru Michael
Grant Deed
related
—
—
—
Edward M Liu
—
Deed Of Trust
related
$600,000 · Evertrust Bank
—
—
Edward M Liu
—
Deed Of Trust
related
$700,000 · Cathay 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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