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Property profile & analytics
OFF-MARKET
Estimated value
$11,505,000
Office Spaces
1331 6th St Ontario, CA 91762
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-0970734
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1978
Construction
CONCRETE
Total area
56,258 SF
Lot
2.14 ac (93,418 SF)
APN
1008-431-24-0000
UPID
US10-0970734
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
-
Commercial Lending Ontario CA Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.24M
CAP Approach
CAP
$14.01M
Comparable Approach
Comparable
$14.64M
Blend (final)
Blend
$11.51M
Owner & transaction history
Bonita Properties1 LP · 5 yrs held
Bonita Properties1 LP
since 2020
Last sale
$8.3M
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 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
$13,465,000
ML approach
$12,235,000
CAP Approach
CAP Return
Estimation
6%
$15,170,000
6.5%
$14,005,000
7%
$13,005,000
Blend value · Realmo final
$11.51M
Range $10.35M – $12.66M · ±10% · vs last sale $8.28M (Dec 3 2020)
Last sale anchor
$8.28M
Dec 3 2020
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
$205 / 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
$98,205
Tax year 2023
Assessed value
$9,230,921
Assessed 2024
Previous assessed
$9,049,923
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,896,383
Assessed improvement
$7,334,538
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
NONE
Stories
4
Units
20
Total area
56,258 SF
Lot
2.14 ac (93,418 SF)
APN
1008-431-24-0000
UPID
US10-0970734
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
1978
Construction
CONCRETE
Heating
NONE
Stories
4
Units
20
Lot
2.14 ac
Current owner
From public records · entity-resolved
Bonita Properties1 LP
Entity
Mailing address
840 TOWNE CTR DR, POMONA, CA 91767-5900
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
—
Wireless Propco LLC
—
Deed
related
$200,000,000 · Wilmington Trust NA
Jan 22, 2021
—
Bonita Properties1 LP
—
Deed
related
$4,200,000 · Cathay Bank
Dec 3, 2020
—
Bonita Properties1 LP
Haven Plaza LLC
Quit Claim Deed
—
Jun 15, 2018
$8,275,000
Haven Plaza LLC
Fin-west Group
Grant Deed
$4,455,000 · Fin-west Group
Jan 11, 2012
—
Fin-west Group
—
Deed Of Trust
related
$5,000,000 · California Bank & Trust
Sep 21, 2010
—
Fin-west Group
Nshe Ca Franks LLC
Grant Deed
—
Dec 29, 2009
$4,000,000
Nshe Ca Franks LLC
General Electric Credit Equiti
Grant Deed
$4,010,595 · Fin-west Group
Oct 6, 2009
$4,100,000
Electric Credit Equiti
Fidelity National Title Co
Trustees Deed
related
—
Jun 5, 2007
—
Amg-spvef Sixth Street Ctr LLC
Gary Picacho Properties LLC
Grant Deed
$11,400,000 · General Electric Capital Corp
Jan 27, 2005
—
Gary Picacho Properties LLC
Relly Cummins
Grant Deed
—
Nov 30, 1993
$2,500,000
Cummins General Ptshp Relly
Covington & Crow
Grant Deed
—
Jun 20, 1988
$4,000,000
Covington
Bc&c Properties
Grant Deed
—
—
—
Fin-west Group
—
Loan Modification
related
$10,000,000 · California Bk&tr
—
—
Cummins Relly
—
Deed Of Trust
related
$2,715,000 · Union Bank Of California
—
—
Cummins Relly
—
Deed Of Trust
related
$275,000 · Mission Oaks National 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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