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Property profile & analytics
OFF-MARKET
Estimated value
$3,950,000
Retail space
675 Paularino Ave Costa Mesa, CA 92626-3039
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-3059795
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Total area
8,032 SF
Lot
0.61 ac (26,397 SF)
APN
418-221-08
UPID
US09-3059795
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
-
Ango Tei Restaurant
-
Western Union Bank Credit Union
-
Sugo Costa Mesa Restaurant
-
Chợ Nhật Mitsuwa Grocery & Convenience Store
-
7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.95M
Owner & transaction history
675 Paularino Emerald LLC · 5 yrs held
675 Paularino Emerald LLC
since 2021
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+31.2%
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
$3,740,000
ML approach
$4,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,180,000
Current use
RESTAURANT
$5,480,000
Change: +31% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,850,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,770,000
Change: -10% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,585,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10% · vs last sale $4.00M (Jun 1 2021)
Last sale anchor
$4.00M
Jun 1 2021
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
$492 / 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
$53,374
Tax year 2024
Assessed value
$4,255,032
Assessed 2024
Previous assessed
$4,255,032
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$3,714,228
Assessed improvement
$540,804
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
8,032 SF
Lot
0.61 ac (26,397 SF)
APN
418-221-08
UPID
US09-3059795
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
RETAIL STORES Current
Est. value
$4.2M
RESTAURANT
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1976
Heating
NONE
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
675 Paularino Emerald LLC
Entity
Mailing address
PO BOX 125, CARDIFF BY THE SEA, CA 92007-0125
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
—
675 Paularino Emerald LLC
—
Deed
related
$3,200,000 · Kevin Stephen Maguire And Lisa Diane Mag
Jun 1, 2021
$4,000,000
675 Paularino Emerald LLC
A F Baker Properties LP
Grant Deed
$3,200,000 · Shaun Maguire Living Trust
Aug 12, 2019
—
Af Baker Properties LP
Baker Jo A Living Trust
Quit Claim Deed
related
—
Dec 10, 2018
—
Baker,jo A Living Trust
Baker Bartlett K F/tr
Quit Claim Deed
related
—
Feb 16, 2007
—
A F Baker Properties
Baker B K Family Trust
Quit Claim Deed
related
—
Nov 9, 2004
—
Baker Bartlett K Trust
Baker Bartlett K Trust
Quit Claim Deed
related
—
May 28, 1991
$11,570,000
Yaohan, U S A Co
Waei Intl Corp
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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