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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Showrooms
657 19th St, Costa Mesa, CA 92627-8600
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1379807
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1961
Total area
6,792 SF
Lot
0.36 ac (15,604 SF)
APN
424-211-03
UPID
US09-1379807
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
-
Brighter Days MHC - Costa Mesa Rehabilitation Medical Clinic
-
E a Beck & Co Medical Supply Store
-
Gabriel's Oriental Rug Cleaners Carpet Cleaning Service
-
Xiaoyan Lu Physician Medical Clinic
-
O C Bookkeeping Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
John Manuel Morehart · 1 yrs held
John Manuel Morehart
since 2024
Last sale
$800,000
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Oct 10 2024)
Last sale anchor
$800k
Oct 10 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
$118 / 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
$24,721
Tax year 2024
Assessed value
$2,076,576
Assessed 2024
Previous assessed
$2,076,576
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,526,744
Assessed improvement
$549,832
Applied tax rate
15.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1961
Heating
NONE
Stories
2
Total area
6,792 SF
Lot
0.36 ac (15,604 SF)
APN
424-211-03
UPID
US09-1379807
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
1961
Heating
NONE
Stories
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
John Manuel Morehart
Individual
Mailing address
1001 W 17TH ST STE K, COSTA MESA, CA 92627-4512
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2024
—
John Manuel Morehart
John M Morehart
Intrafamily Transfer
related
—
May 24, 2023
—
Lynette Cervantes
Lynette Cervantes
Intrafamily Transfer
related
—
Feb 18, 2022
—
Donald Felix Cervantes JR
Donald F Cervantes JR
Intrafamily Transfer
related
—
Mar 29, 2021
—
Donald F Cervantes
Donald F Cervantes
Affidavit Of Death Of Joint Tenant
related
—
Mar 28, 2019
$800,000
Donald F Cervantes
Morehart,john M & Lisa C
Grant Deed
—
Feb 8, 2019
—
John M Morehart
—
Deed
related
$1,000,000 · First Republic Bank
Jul 28, 2017
—
John M Morehart
—
Deed
related
$3,500,000 · First Republic Bank
Sep 16, 2013
$1,300,000
John M Morehart
Damon Donna Living Trust
Grant Deed
—
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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