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Property profile & analytics
OFF-MARKET
Estimated value
$4,260,000
Apartment buildings
7221 Trask Ave Westminster, CA 92683-2662
Entity Owned
7-yr Hold
Property ID
US10-3053288
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
17,685 SF
Lot
1.22 ac (53,297 SF)
APN
096-031-29
UPID
US10-3053288
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
by Request
CAP Approach
CAP
$5.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.26M
Owner & transaction history
Topadvanced LLC · 7 yrs held
Topadvanced 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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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%
$5,625,000
6.5%
$5,195,000
7%
$4,820,000
Blend value · Realmo final
$4.26M
Range $3.83M – $4.69M · ±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
$241 / 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
$58,481
Tax year 2024
Assessed value
$4,476,239
Assessed 2024
Previous assessed
$4,476,239
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$3,989,996
Assessed improvement
$486,243
Applied tax rate
20.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
2
Units
26
Total area
17,685 SF
Lot
1.22 ac (53,297 SF)
APN
096-031-29
UPID
US10-3053288
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
1963
Heating
NONE
Stories
2
Units
26
Lot
1.22 ac
Current owner
From public records · entity-resolved
Topadvanced LLC
Entity
Mailing address
PO BOX 2012, GARDEN GROVE, CA 92842-2012
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2019
—
Topadvanced LLC
Topadvanced LLC
Grant Deed
related
$4,200,000 · Jpmorgan Chase Bank NA
Feb 29, 2012
$1,108,500
Top Advanced LLC
Ho Family Trust
Grant Deed
—
Jun 29, 2011
—
Bill Dac Ho
Bill Dac Ho
Intrafamily Transfer
related
$2,550,000 · Jpmorgan Chase Bank NA
Mar 30, 2005
$3,650,000
Ho Family Trust
7221 Trask
Grant Deed
$2,450,000 · Universal Bank
Oct 27, 2003
—
7221 Trask LP
Cavallo,joseph G
Quit Claim Deed
related
—
Oct 7, 2003
—
Haidi,donald
Haidi,kathleen
Quit Claim Deed
related
—
Oct 7, 2003
$3,090,000
Joseph G Cavallo
Kendall,david C & Carol L
Grant Deed
$2,000,000 · Abn Amro Mortgage Group INC
Jan 7, 2002
$1,950,000
David C Kendall
El Patio Apartments LLC
Grant Deed
$1,520,000 · Abn Amro Mortgage Group INC
Oct 15, 1997
$101,000
El Patio Apartments LLC
Wang,peter K & Bih-jiau
Grant Deed
—
Jun 27, 1997
—
Peter Wang
Coast,
Grant Deed
related
—
Apr 22, 1997
$1,000,000
Coast Federal Bank
Leone,john
Trustees Deed
related
—
Oct 27, 1995
—
Leone,john
Leone,
Quit Claim Deed
related
—
Aug 23, 1989
—
John Leone
Leone Shirley A
Quit Claim Deed
related
—
—
—
Ho Family Trust
—
Deed Of Trust
related
$2,500,000 · Universal Bank
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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