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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Apartment buildings
1123 Bobbett Dr San Bernardino, CA 92410-3975
Entity Owned
4-yr Hold
Property ID
US10-1555054
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Construction
WOOD FRAME
Total area
4,188 SF
Lot
0.29 ac (12,622 SF)
APN
0278-031-08-0000
UPID
US10-1555054
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
$825k
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$740k
Owner & transaction history
Bobbett 1123 LLC · 4 yrs held
Bobbett 1123 LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+44.6%
Neighborhood: shopping center
$1.1M
+34.5%
Auto repair, garage
$840,000
+0.2%
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$840,000
Current use
MEDICAL BUILDING
$1,210,000
Change: +45% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$840,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$770,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$177 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,240
Tax year 2023
Assessed value
$749,088
Assessed 2024
Previous assessed
$734,400
+2.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$223,686
Assessed improvement
$525,402
Applied tax rate
7.0000
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
1948
Construction
WOOD FRAME
Heating
NONE
Units
6
Rooms
8
Bathrooms
3
Total area
4,188 SF
Lot
0.29 ac (12,622 SF)
APN
0278-031-08-0000
UPID
US10-1555054
Jurisdiction
SAN BERNARDINO
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
$840,000
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$770,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1948
Construction
WOOD FRAME
Heating
NONE
Units
6
Rooms
8
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Bobbett 1123 LLC
Entity
Mailing address
19039 COLIMA RD #552, ROWLAND HEIGHTS, CA 91748-2922
Ownership since
2022
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 29, 2022
—
Bobbett 1123 LLC
Jack Chin Shun Tsai
Grant Deed
$585,000 · The Bank Of East Asia (usa) NA
Nov 23, 2021
$680,000
Jack Chin Shun Tsai
Robert Yuan Zhu Zhang
Grant Deed
—
Dec 8, 2004
—
Deanna Tseng
Aceves,laura M
Grant Deed
related
—
Jun 22, 1999
$165,000
Laura M Aceves
Zhang,robert Y
Grant Deed
$132,000 · Republic Consumer Lending Grou
Jun 18, 1998
$118,000
Robert Y Zhang
Fidelity Federal Bank
Grant Deed
—
Dec 1, 1993
—
Ying K Ho
—
Deed Of Trust
related
—
May 3, 1991
$71,000
Juan Gutierrez
Magness,sharon H
Grant Deed
related
$31,000 · Seller
Mar 4, 1988
$221,500
Ronald T Magness
Saver
Grant Deed
$209,500 · Savers Thrift & Loan
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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