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Property profile & analytics
OFF-MARKET
Estimated value
$6,455,000
Apartment buildings
1340 F St San Bernardino, CA 92405-4533
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1548122
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD FRAME
Total area
24,996 SF
Lot
1.07 ac (46,609 SF)
APN
0145-201-50-0000
UPID
US10-1548122
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
-
Horizon Apartment House Apartment Building
-
Pamper Yourself (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.48M
CAP Approach
CAP
$4.93M
Comparable Approach
Comparable
$6.85M
Blend (final)
Blend
$6.46M
Owner & transaction history
Burtal Investments LLC · 4 yrs held
Burtal Investments LLC
since 2022
Last sale
$6.5M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.2M
+104.2%
Medical building
$7.2M
+44.6%
Neighborhood: shopping center
$6.7M
+34.5%
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
$6,330,000
ML approach
$6,480,000
CAP Approach
CAP Return
Estimation
6%
$5,345,000
6.5%
$4,930,000
7%
$4,580,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,000,000
Current use
RESTAURANT
$10,210,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$7,230,000
Change: +45% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,730,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,340,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,015,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,600,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$6.46M
Range $5.81M – $7.10M · ±10% · vs last sale $6.50M (Jun 9 2022)
Last sale anchor
$6.50M
Jun 9 2022
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
$258 / 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
$81,515
Tax year 2023
Assessed value
$6,710,580
Assessed 2024
Previous assessed
$6,579,000
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$202,878
Assessed improvement
$6,507,702
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
1961
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
39
Total area
24,996 SF
Lot
1.07 ac (46,609 SF)
APN
0145-201-50-0000
UPID
US10-1548122
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
$5.0M
RESTAURANT
Est. value
$10.2M
MEDICAL BUILDING
Est. value
$7.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.0M
WAREHOUSE, STORAGE
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1961
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
39
Lot
1.07 ac
Current owner
From public records · entity-resolved
Burtal Investments LLC
Entity
Mailing address
PO BOX 4096, WHITTIER, CA 90607-4096
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$6,500,000
Burtal Investments LLC
Vista International INC
Grant Deed
$4,440,000 · City First Bank NA
Dec 27, 2017
$3,200,000
Vista International INC
Mehmet Kemal Ozkarahan
Grant Deed
$2,080,000 · Opus Bank
Jan 22, 2004
—
Ozkarahan,tr
Southern Commercial Corp
Grant Deed
$608,000 · United Commercial Bank
Jan 14, 2004
—
Southern Commercial Corp
Southern Commercial Corp
Quit Claim Deed
related
—
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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