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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail residential properties
511 Balboa Blvd, Newport Beach, CA 92661-0246
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2142605
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1930
Total area
3,827 SF
Lot
0.06 ac (2,438 SF)
APN
048-122-06
UPID
US09-2142605
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
-
Balboa Chamber of Commerce Association / Organization
-
Paintless Dent Repair Newport Beach Auto Repair Shop
-
Farah Private Wealth Management Financial Advisor
-
American Polo Association Association / Organization
-
CELEBRITY RANCH POLO CLUB Training Center Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$710k
Owner & transaction history
511 Balboa LLC · 6 yrs held
511 Balboa LLC
since 2019
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 Newport Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,075,000
6.5%
$995,000
7%
$925,000
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$186 / 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
$26,569
Tax year 2024
Assessed value
$2,412,454
Assessed 2024
Previous assessed
$2,412,454
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,144,406
Assessed improvement
$268,048
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1930
Heating
NONE
Stories
2
Units
3
Total area
3,827 SF
Lot
0.06 ac (2,438 SF)
APN
048-122-06
UPID
US09-2142605
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
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
2
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
511 Balboa LLC
Entity
Mailing address
16 SHELLPRINT CT, NEWPORT BEACH, CA 92663-2781
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
511 Balboa LLC
—
Deed
related
$1,730,000 · Citizens Business Bank
Jul 21, 2020
—
511 Balboa LLC
—
Deed
related
$1,800,000 · Commercial Bk/ca
Jul 11, 2019
$2,250,000
511 Balboa LLC
Ronald H Gucciardo
Grant Deed
$1,350,000 · Alliance Portfolio Private Equity F
Jan 9, 2017
—
James F Gucciardo
—
Deed
related
$1,100,000 · Alliance Portfolio
Jan 6, 2016
—
James F Gucciardo
—
Trustees Deed
related
$870,000 · Alliance Portfolio
Jul 10, 1998
$575,000
James F Gucciardo
Goldner Trust
Grant Deed
$337,583 · Sun Country Bank
Aug 22, 1989
$575,000
Goldner Jay M
Jeffrey A Hartma
Trustees Deed
—
Aug 22, 1989
—
Jeffrey A Hartma
Seleine Richard
Trustees Deed
related
—
—
—
James F Gucciardo
—
Deed Of Trust
related
$278,000 · First American Title Co
—
—
Richard Seleine
—
Deed Of Trust
related
$10,000 · Gold Richard
—
—
Jeffrey A Hartma
—
Deed Of Trust
related
—
—
—
Richard Seleine
—
Deed Of Trust
related
$125,000 · Westlake Thrift & Loan
—
—
Jeffrey A Hartma
—
Deed Of Trust
related
$125,000 · Goldner Elaine
—
—
James F Gucciardo
—
Loan Modification
related
$640,000 · Evridiki Spyropoulos
—
—
511 Balboa LLC
—
Deed Of Trust
related
$1,800,000 · Commercial Bk/ca
—
—
James F Gucciardo
—
Deed Of Trust
related
$265,000 · Alliance Portfolio
—
—
James F Gucciardo
—
Loan Modification
related
$1,100,000 · Alliance Portfolio
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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