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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Showrooms
690 1st St, Tustin, CA 92780-2902
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3269527
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1924
Total area
1,776 SF
Lot
0.18 ac (7,644 SF)
APN
401-551-07
UPID
US10-3269527
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
-
Law Office of Susan J. Gurev Law Firm
-
Law Offices of Catherine Lawler Law Firm
-
Talbot Tina M Law Firm
-
Mediation Divorce Center Law Firm
-
Susan D Porter Law Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.13M
Owner & transaction history
690 West First LLC · 1 yrs held
690 West First LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$865,000
+13.5%
Neighborhood: shopping center
$835,000
+9.3%
Auto repair, garage
$790,000
+3.9%
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 Tustin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tustin 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
$1,125,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$760,000
Current use
RETAIL STORES
$865,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$835,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$790,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.13M (Aug 2 2024)
Last sale anchor
$1.13M
Aug 2 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
$633 / 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
$8,856
Tax year 2024
Assessed value
$782,493
Assessed 2024
Previous assessed
$782,493
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$615,725
Assessed improvement
$166,768
Applied tax rate
13.0000
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
1924
Heating
NONE
Stories
1
Total area
1,776 SF
Lot
0.18 ac (7,644 SF)
APN
401-551-07
UPID
US10-3269527
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
COMMERCIAL (GENERAL) Current
Est. value
$760,000
RETAIL STORES
Est. value
$865,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$790,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1924
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
690 West First LLC
Entity
Mailing address
13102 PALOMAR WAY, SANTA ANA, CA 92705-2073
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
$1,126,500
690 West First LLC
Tina M Talbot
Grant Deed
—
Jan 15, 2021
—
Talbot Family Trust
Tina M Talbot-lara
Quit Claim Deed
related
—
Jul 21, 2016
—
Tina M Talbot-lara
Porter,susan D
Quit Claim Deed
$532,464 · Jpmorgan Chase Bank NA
Aug 23, 2007
—
Susan D Porter
W 1st Property LLC
Quit Claim Deed
related
—
Dec 21, 2005
$872,500
W 1st Property LLC
Sexton Family Trust
Grant Deed
$433,750 · Fullerton Community Bank Fsb
Mar 22, 2002
$285,000
Sexton Trust
Pomeroy Trust
Grant Deed
—
Sep 12, 1994
—
Marcus Pomeroy
Pomeroy,
Quit Claim Deed
related
—
May 2, 1989
$190,000
Louise E Pomeroy
Snyder Violet B
Grant Deed
$133,000 · Long Beach Savings & Loan
—
—
Sexton,tr
—
Deed Of Trust
related
$100,000 · Union Bank Of California
—
—
W 1st Property LLC
—
Deed Of Trust
related
$358,000 · Cdc Small Business Finance Co
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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