Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,930,000
Apartment buildings
1211 El Dorado Ave Ontario, CA 91764-2170
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1550825
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD FRAME
Total area
5,103 SF
Lot
0.33 ac (14,208 SF)
APN
0108-501-29-0000
UPID
US10-1550825
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
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.93M
Owner & transaction history
Lz 23 LP · 2 yrs held
Lz 23 LP
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+100.2%
Office building
$2.2M
+85.2%
Commercial (general)
$2.2M
+85.0%
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
$1,930,000
ML approach
$1,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,200,000
Current use
RESTAURANT
$2,400,000
Change: +100% · Conversion: Difficult
OFFICE BUILDING
$2,220,000
Change: +85% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,215,000
Change: +85% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,735,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,555,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$1,475,000
Change: +23% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,390,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±10% · vs last sale $1.93M (Mar 1 2024)
Last sale anchor
$1.93M
Mar 1 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
$378 / 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
$14,984
Tax year 2023
Assessed value
$1,968,600
Assessed 2024
Previous assessed
$1,223,168
+60.9% YoY
Effective rate
0.76%
On assessed value
Assessed land
$688,500
Assessed improvement
$1,280,100
Applied tax rate
4.0000
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
1971
Construction
WOOD FRAME
Heating
NONE
Units
12
Total area
5,103 SF
Lot
0.33 ac (14,208 SF)
APN
0108-501-29-0000
UPID
US10-1550825
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
$1.2M
RESTAURANT
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1971
Construction
WOOD FRAME
Heating
NONE
Units
12
Lot
0.33 ac
Current owner
From public records · entity-resolved
Lz 23 LP
Entity
Mailing address
121 W CAMINO RD AVE, ARCADIA, CA 91007
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2024
$1,930,000
Lz 23 LP
Mpsn Holdings No 1 LP
Grant Deed
$2,000,000 · Jpmorgan Chase Bank NA
Apr 12, 2023
$1,930,000
Mpsn Holdings No 1 LP
Neram Group INC
Grant Deed
—
Jul 2, 2018
—
Neram Group INC
—
Deed
related
$450,000 · Kim Nguyen
Oct 19, 2016
—
Neram Group INC
—
Deed
related
$410,000 · M & A Ents LLC
Sep 23, 2016
—
Neram Group INC
M & A Ent LLC
Grant Deed
—
Jul 19, 2016
—
M & A Ent LLC
Salcedo,nilton J A
Grant Deed
—
May 31, 2016
—
Neram Group INC
—
Deed
related
$200,000 · Hanh T Tran
Sep 18, 2015
—
Neram Group INC
—
Trustees Deed
related
$160,000 · Private Individual
Aug 18, 2015
—
Neram Group INC
Anaya,nilton J
Quit Claim Deed
—
Aug 3, 2015
$1,075,000
Nilton J A Salcedo
Lam,edward & Nancy
Grant Deed
$725,000 · Yahren's Investment INC
Aug 3, 2015
—
Nilton J A Salcedo
Anaya,evelin
Quit Claim Deed
related
—
Dec 29, 2005
$1,080,000
Edward Lam
Jay Scott Custer
Grant Deed
$550,000 · United Commercial Bank
Jul 17, 1997
$200,000
Jay S Custer
Berkeley Fed'l Bank & Trust
Grant Deed
$140,000 · United Savings Bank
Feb 16, 1995
$242,400
Berkeley Fed'l Bank & Trust
Capital Growth Ltd
Trustees Deed
related
—
May 31, 1991
$460,000
Growth L Capital
A&e Exchange Ser
Grant Deed
related
$330,000 · First Federal Savings & Loan
—
—
Neram Group INC
—
Deed Of Trust
related
$200,000 · Hanh T Tran
—
—
Jay S Custer
—
Deed Of Trust
related
$240,000 · Standard Savings Bank
—
—
Neram Group INC
—
Loan Modification
related
$410,000 · M & A Ents LLC
—
—
Neram Group INC
—
Deed Of Trust
related
$110,000 · Smn Lo INC
—
—
Neram Group INC
—
Deed Of Trust
related
$450,000 · Kim Nguyen
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1211 El Dorado Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
