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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Apartment buildings
7361 Artesia Blvd, Buena Park, CA 90621-3903
Individually Owned
Property ID
US10-3280305
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Total area
7,034 SF
Lot
0.39 ac (16,780 SF)
APN
066-112-27
UPID
US10-3280305
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
$2.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
The Shim Family Foundation
The Shim Family Foundation
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.4M
+20.4%
Neighborhood: shopping center
$3.3M
+15.9%
Auto repair, garage
$3.1M
+10.2%
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 Buena Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buena Park 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%
$2,240,000
6.5%
$2,065,000
7%
$1,920,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,850,000
Current use
RETAIL STORES
$3,430,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,300,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,140,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$3,020,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,770,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±10% · vs last sale $2.83M (Dec 5 2025)
Last sale anchor
$2.83M
Dec 5 2025
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
$309 / 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
$21,566
Tax year 2024
Assessed value
$1,798,145
Assessed 2024
Previous assessed
$1,798,145
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,202,774
Assessed improvement
$595,371
Applied tax rate
14.0000
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
1978
Heating
NONE
Stories
2
Units
8
Total area
7,034 SF
Lot
0.39 ac (16,780 SF)
APN
066-112-27
UPID
US10-3280305
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
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (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
1978
Heating
NONE
Stories
2
Units
8
Lot
0.39 ac
Current owner
From public records · entity-resolved
The Shim Family Foundation
Individual
Mailing address
PO BOX 810, ARTESIA, CA 90702-0810
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
$2,825,000
The Shim Family Foundation
Sanvi Vilas Properties LLC
Grant Deed
—
Mar 18, 2021
—
Sanvi Vilas Properties LLC
—
Deed
related
$1,330,000 · Cit Bank NA
Feb 29, 2016
—
Sanvi Vilas Properties LLC
Vilatika Properties LLC
Quit Claim Deed
—
Jul 28, 2011
—
Vilatika Properties LLC
Vilatika Properties INC
Grant Deed
$862,500 · Jpmorgan Chase Bank NA
Aug 13, 2009
—
Vilatika Properties LLC
Jadhav,vilas & Latika
Quit Claim Deed
—
Sep 26, 2007
—
Vilas Jadhav
Jadhav,vilas & Latika
Quit Claim Deed
related
$900,000 · Pacific Premier Bank
Jun 8, 2004
—
Vilas Jadhav
Park Center Exchange INC
Grant Deed
related
—
Apr 27, 2004
—
Park Center Exchange INC
Mufti,u M
Grant Deed
related
—
Jan 17, 2003
$840,000
Waleed Qureshi
Ananth,jambur & Kamala
Grant Deed
$300,000 · Kanubhai Patel
Jan 17, 2003
—
W Qureshi
Qures
Quit Claim Deed
related
—
Mar 8, 1990
$700,000
Ananth Jambur &
Remington Exchan
Trustees Deed
$355,200 · Fidelity Federal Bank
Mar 8, 1990
—
Remington Exchan
Koh Kwang D
Trustees Deed
related
—
—
—
Vilas Jadhav
—
Deed Of Trust
related
$903,000 · Commercial Capital Bank Fsb
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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