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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Apartment buildings
729 Ocean Frnt Front Laguna Beach, CA 92651-2734
Trust Owned
Absentee Owner
Property ID
US09-0248378
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
7,500 SF
Lot
0.2 ac (8,671 SF)
APN
644-023-12
UPID
US09-0248378
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
$2.20M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Enterprise Bank And Trust
Enterprise Bank And Trust
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.7M
+25.5%
Neighborhood: shopping center
$3.5M
+20.8%
Office building
$3.4M
+15.3%
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 Laguna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Beach 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%
$2,385,000
6.5%
$2,200,000
7%
$2,045,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,915,000
Current use
RETAIL STORES
$3,655,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,520,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$3,360,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,345,000
Change: +15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,465,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±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
$319 / 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
$83,225
Tax year 2024
Assessed value
$7,566,562
Assessed 2024
Previous assessed
$7,566,562
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$5,006,447
Assessed improvement
$2,560,115
Applied tax rate
5.0000
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
1960
Heating
NONE
Units
5
Total area
7,500 SF
Lot
0.2 ac (8,671 SF)
APN
644-023-12
UPID
US09-0248378
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
$2.9M
RETAIL STORES
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1960
Heating
NONE
Units
5
Lot
0.2 ac
Current owner
From public records · entity-resolved
Enterprise Bank And Trust
Trust
Mailing address
775 LAGUNA CYN RD, LAGUNA BEACH, CA 92651-1838
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 23, 2025
$6,024,572
Enterprise Bank And Trust
Retreat At Laguna Villas LLC
Trust Deed
related
—
Jul 30, 2025
—
Laguna Festival Center LLC
—
Deed
related
$1,165,000 · Specialty Dip LLC
Jun 23, 2021
—
Retreat At Laguna Villas LLC
—
Deed
related
$175,000,000 · Coastline Loans LLC
Jun 9, 2021
—
Retreat At Laguna Villas LLC
—
Deed
related
$6,177,300 · First Choice Bank
Nov 19, 2018
—
Retreat At Laguna Villas LLC
—
Deed
related
$195,500,000 · Loancore Cap Credit Reit LLC
Nov 29, 2017
—
Retreat At Laguna Villas LLC
—
Grant Deed
related
$69,000,000 · Loancore Cap Credit Reit LLC
Jul 21, 2017
—
Retreat At Laguna Villas LLC
—
Grant Deed
related
$60,000,000 · Loancore Cap Credit Reit LLC
May 18, 2017
—
Retreat At Laguna Villas LLC
Blue Lagoon Resort LLC
Quit Claim Deed
related
$35,000,000 · Loancore Cap Credit Reit LLC
Aug 12, 2016
$6,650,000
Blue Lagoon Resort LLC
Charton Lloyd & Stella M
Grant Deed
$10,000,000 · Lone Oak Fund
May 28, 2010
—
Charton Lloyd & Stella M Tr
Kumar,tm
Grant Deed
—
Dec 27, 2006
—
Thomas W Luczak
Luczak,arlene C
Quit Claim Deed
$2,632,500 · Wells Fargo Bank NA
Dec 19, 1994
$196,500
Rosemary C Luczak
Shaw,richard E
Grant Deed
related
—
—
—
Retreat At Laguna Villas LLC
—
Deed Of Trust
related
$195,500,000 · Loancore Cap Credit Reit LLC
—
—
T M Kumar
—
Deed Of Trust
related
$2,250,000 · Charton Family Trust
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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