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Property profile & analytics
OFF-MARKET
Estimated value
$54,915,000
Showrooms
Laguna Beach, CA 92651
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3980568
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1964
Lot
0.03 ac (1,102 SF)
APN
644-021-08
UPID
US09-3980568
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
$54.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$54.92M
Owner & transaction history
Dune Drifter LLC · 2 yrs held
Dune Drifter LLC
since 2024
Last sale
$54.9M
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 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
$54,915,000
ML approach
$54,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$54.92M
Range $49.42M – $60.41M · ±10% · vs last sale $54.92M (Jun 28 2024)
Last sale anchor
$54.92M
Jun 28 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
—
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
$1,221
Tax year 2024
Assessed value
$49,537
Assessed 2024
Previous assessed
$49,537
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$48,662
Assessed improvement
$875
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Lot
0.03 ac (1,102 SF)
APN
644-021-08
UPID
US09-3980568
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
1964
Heating
NONE
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Dune Drifter LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2029 CENTURY PARK E, LOS ANGELES, CA 90067-2901
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$54,915,500
Dune Drifter LLC
Hci Laguna Owner LP
Grant Deed
—
Sep 17, 2012
—
Jahraus Family Trust
Jahraus,joseph R III
Quit Claim Deed
related
—
Sep 14, 2011
—
Pine Alley LLC Ui 5
Jahraus,molly
Quit Claim Deed
related
—
Jun 29, 2011
—
William R Jahraus
Jahraus,joseph R III
Quit Claim Deed
related
—
Jun 16, 2011
—
Jennifer L Jahraus
Jahraus Joseph R II
Quit Claim Deed
related
—
Jan 8, 2010
—
Jahraus Family Trust
Jahrus Family Trust
Quit Claim Deed
related
—
Aug 15, 2005
—
Jahraus Family Trust
Jahraus,joseph R III
Quit Claim Deed
related
—
—
—
Kim Shepherd
—
Deed Of Trust
related
$39,000 · Wells Fargo 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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