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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Residential income homes
585 Fashion Park St Orange, CA 92866-3055
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2019146
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1965
Total area
5,173 SF
Lot
0.18 ac (7,793 SF)
APN
390-631-08
UPID
US09-2019146
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
$1.45M
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Patricia E Deeter · 3 yrs held
Patricia E Deeter
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.4M
+54.7%
Commercial (general)
$2.4M
+50.8%
Auto repair, garage
$2.3M
+47.1%
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
$1,360,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
$1,660,000
6.5%
$1,530,000
7%
$1,425,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,570,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,425,000
Change: +55% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,365,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,310,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$1,810,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,370,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±10% · vs last sale $1.77M (Dec 15 2022)
Last sale anchor
$1.77M
Dec 15 2022
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
$304 / 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
$21,489
Tax year 2024
Assessed value
$1,930,710
Assessed 2024
Previous assessed
$1,930,710
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,752,566
Assessed improvement
$178,144
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
5,173 SF
Lot
0.18 ac (7,793 SF)
APN
390-631-08
UPID
US09-2019146
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
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
INDUSTRIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1965
Heating
NONE
Units
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
Patricia E Deeter
Individual
Mailing address
462 MAGNOLIA ST, COSTA MESA, CA 92627-2302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
—
Patricia E Deeter
Patricia E Deeter
Intrafamily Transfer
related
—
Oct 1, 2018
$1,766,000
Deeter Family Trust
Skilled Investments LLC
Grant Deed
—
Sep 29, 2016
$1,370,000
Skilled Investments LLC
Zachary L Zarilli
Grant Deed
$734,000 · First Foundation Bank
Jan 7, 2013
—
Zachary L Zarrilli
Pacific Palm Properties LLC
Grant Deed
—
Feb 1, 2012
—
Pacific Palm Properties LLC
Zarrilli,zachary L
Grant Deed
—
Jun 29, 2007
$1,125,000
Zachary Lawrence Zarrilli
Gail Dunn
Grant Deed
$843,750 · Americas Wholesale Lender
Jun 29, 2007
—
Violet G Raczek-dunn
Dunn,robert J
Affidavit Of Death
related
—
Jan 8, 2007
—
Violet G Raczek
Dunn,robert J
Quit Claim Deed
related
—
Mar 31, 2004
—
Violet G Raczek-dunn
Raczek,violet G
Quit Claim Deed
related
$85,000 · Private Lenders Services INC
Aug 3, 2001
—
Violet Dunn
—
Grant Deed
related
—
Jul 14, 1992
$14,500
Robert J Dunn
Schneider,l D
Quit Claim Deed
related
—
—
—
Robert J Dunn
—
Deed Of Trust
related
$258,750 · One Stop Funding
—
—
Robert J Dunn
—
Deed Of Trust
related
$660,000 · Express Capital Lending
—
—
Violet G Raczek
—
Deed Of Trust
related
$427,000 · Ameriquest Mortgage Corp
—
—
Robert J Dunn
—
Deed Of Trust
related
$585,000 · New Century Mortgage
—
—
Robert J Dunn
—
Deed Of Trust
related
$8,500 · Individual
—
—
Robert J Dunn
—
Deed Of Trust
related
$5,000 · Individual
—
—
Zachary L Zarrilli
—
Deed Of Trust
related
$801,950 · New American Funding
—
—
Robert J Dunn
—
Deed Of Trust
related
$274,000 · Aames Capital Corp
—
—
Violet G Raczek
—
Deed Of Trust
related
$28,000 · Michael P & Linda L Van Buskirk
—
—
Robert J Dunn
—
Deed Of Trust
related
$197,000 · World Savings & Loan
—
—
Robert J Dunn
—
Deed Of Trust
related
$170,000 · Datacom Investment Co INC
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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