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Property profile & analytics
OFF-MARKET
Estimated value
$7,435,000
Apartment buildings
845 Paularino Ave Costa Mesa, CA 92626-2949
Entity Owned
18-yr Hold
Absentee Owner
Property ID
US09-2780223
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Total area
49,073 SF
Lot
1.6 ac (69,728 SF)
APN
418-094-04
UPID
US09-2780223
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
-
Rockin Ride, Executive Transport Car Rental Facility
-
The Village at South Coast Apartment Complex
-
Acd Software Spa & Massage Center Skin Care Clinic
-
Va. Ba Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.44M
Owner & transaction history
Woodland Village I & II LLC · 18 yrs held
Woodland Village I & II LLC
since 2007
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$152 / 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
$50,494
Tax year 2024
Assessed value
$2,629,773
Assessed 2024
Previous assessed
$2,629,773
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$130,476
Assessed improvement
$2,499,297
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1977
Heating
NONE
Stories
2
Units
71
Total area
49,073 SF
Lot
1.6 ac (69,728 SF)
APN
418-094-04
UPID
US09-2780223
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
1977
Heating
NONE
Stories
2
Units
71
Lot
1.6 ac
Current owner
From public records · entity-resolved
Woodland Village I & II LLC
Entity
Mailing address
207 W 20TH ST, SANTA ANA, CA 92706-2723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Nov 6, 2009
—
Woodland Village I & II LLC
—
Grant Deed
related
$2,760,378 · Federal National Mortgage Assn
Aug 31, 2007
—
Woodland Village I & II LLC
Richard R Cantrell
Grant Deed
$2,000,000 · Deutsche Bank Berkshire Mortgage INC
Feb 14, 2007
—
Cantrell Family Trust
Cantrell,richard R
Quit Claim Deed
related
—
Jun 18, 2002
—
Richard R Cantrell
—
Deed Of Trust
related
$4,950,000 · Berkshire Mortgage Finance Co
Apr 27, 1992
—
Richard R Cantrell
Cantrell,patrici
Quit Claim Deed
related
$2,864,000 · Bankers Mutual
—
—
Woodland Village I & II LLC
—
Deed Of Trust
related
$10,750,000 · Miscellaneous Ins Co
—
—
Woodland Village I & II
—
Loan Modification
related
$10,056,058 · Miscellaneous Ins 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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