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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Apartment buildings
12044 Preston St, Grand Terrace, CA 92313-5241
Individually Owned
8-yr Hold
Property ID
US10-1554261
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD FRAME
Total area
19,820 SF
Lot
0.78 ac (33,875 SF)
APN
0276-202-53-0000
UPID
US10-1554261
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
$2.70M
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$1.94M
Owner & transaction history
Edgar Guerrero · 8 yrs held
Edgar Guerrero
since 2018
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 Grand Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Terrace 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%
$2,925,000
6.5%
$2,700,000
7%
$2,505,000
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±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
$98 / 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
$54,158
Tax year 2023
Assessed value
$4,462,075
Assessed 2024
Previous assessed
$4,374,584
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$892,415
Assessed improvement
$3,569,660
Applied tax rate
16.0000
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
1962
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
28
Total area
19,820 SF
Lot
0.78 ac (33,875 SF)
APN
0276-202-53-0000
UPID
US10-1554261
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
1962
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
28
Lot
0.78 ac
Current owner
From public records · entity-resolved
Edgar Guerrero
Individual
Mailing address
2849 S MONTEREY AVE, ONTARIO, CA 91761-8732
Ownership since
2018
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
Mar 22, 2018
$4,000,000
Edgar Guerrero
Wf Properties LLC
Grant Deed
$2,200,000 · Cbre Cap Markets
Aug 30, 2013
$2,695,000
Wf Properties LLC
Thomas Nickie Lanza SR.
Grant Deed
$1,919,000 · Provident Savings Bank Fsb
Apr 19, 2001
—
Thomas N Etal Lanza
Lanza Thomas N Etal
Quit Claim Deed
related
—
May 8, 1998
$810,000
Lanza Trust
Kester Trust
Grant Deed
$540,000 · World Savings Bank
Feb 11, 1997
—
Clifford D Etal Kester
Kester,clifford D Etal
Quit Claim Deed
related
—
Sep 5, 1996
—
Clifford D Etal Kester
Kester,clifford D Etal
Quit Claim Deed
related
—
—
—
Lanza,tr
—
Deed Of Trust
related
$580,000 · First Federal Bank Ca
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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