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Property profile & analytics
OFF-MARKET
Apartment buildings
120 Olive Ave Redlands, CA 92373-5253
Entity Owned
Property ID
US10-1546865
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1940
Construction
WOOD FRAME
Total area
3,080 SF
Lot
0.19 ac (8,400 SF)
APN
0171-291-11-0000
UPID
US10-1546865
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
-
7 Faces Films Film Production Television Studio
-
Brooke Adair Walters Design, Brand, Market Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Cunning Fox Creative Marketing & Advertising (Bike/Boat/Book/etc) 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
by Request
Owner & transaction history
Zaven Asset Group LLC
Zaven Asset Group LLC
since 2026
Last sale
$1.2M
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 Redlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redlands 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
—
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
$9,447
Tax year 2023
Assessed value
$792,018
Assessed 2024
Previous assessed
$776,488
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$156,172
Assessed improvement
$635,846
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
1940
Construction
WOOD FRAME
Heating
NONE
Units
5
Total area
3,080 SF
Lot
0.19 ac (8,400 SF)
APN
0171-291-11-0000
UPID
US10-1546865
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
Building & site characteristics
From public records
Year built
1940
Construction
WOOD FRAME
Heating
NONE
Units
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Zaven Asset Group LLC
Entity
Mailing address
11668 SWAN LK DR, SAN DIEGO, CA 92131-6143
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
$1,200,000
Zaven Asset Group LLC
Bifali Properties LLC
Grant Deed
—
Mar 29, 2023
—
Bifali Properties LLC
Bifali Properties LLC
Intrafamily Transfer
related
$755,000 · Credit Union Of Southern California
Jan 19, 2022
—
Bifali Properties LLC
Bimal V Patel
Grant Deed
—
Aug 2, 2021
—
Bimal V Patel
Bimal V Patel
Intrafamily Transfer
related
—
Feb 9, 2018
$710,000
Bimal V Patel
Sarn LLC
Grant Deed
$532,000 · Nuvision Financial FCU
Jan 9, 2017
$550,000
Sarn LLC
Wasbotten,michael J & Deborah S
Grant Deed
—
May 9, 2005
$550,000
Michael J Wasbotten
Dennis W Cleaver
Grant Deed
$267,000 · United Commercial Bank
Aug 12, 1993
$126,000
Anna D Cleaver
City Redlands
Grant Deed
—
Dec 11, 1990
$3,000
Redlands City
Clark James L
Grant Deed
related
—
—
—
Dennis W Cleaver
—
Deed Of Trust
related
$155,000 · Farmers & Merchants Bk Lng Bch
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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