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Property profile & analytics
OFF-MARKET
Estimated value
$10,285,000
Apartment buildings
1481 7th St, Upland, CA 91786-7009
Entity Owned
15-yr Hold
Property ID
US10-1553697
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1970
Construction
WOOD FRAME
Total area
109,294 SF
Lot
5.2 ac (226,643 SF)
APN
1008-141-01-0000
UPID
US10-1553697
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
-
Mountain Crest Apartments Apartment Building Leasing Service
-
7th Street Apartments Apartment Building
-
Apto 122 Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.29M
Owner & transaction history
Mountain Crest Apartments LLC · 15 yrs held
Mountain Crest Apartments LLC
since 2010
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 Upland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upland 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
$94 / 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
$142,465
Tax year 2023
Assessed value
$13,590,543
Assessed 2024
Previous assessed
$13,324,062
+2.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$2,260,903
Assessed improvement
$11,329,640
Applied tax rate
8.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
130
Total area
109,294 SF
Lot
5.2 ac (226,643 SF)
APN
1008-141-01-0000
UPID
US10-1553697
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
1970
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
130
Lot
5.2 ac
Current owner
From public records · entity-resolved
Mountain Crest Apartments LLC
Entity
Mailing address
2144 ADAIR ST, SAN MARINO, CA 91108-2604
Ownership since
2010
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
Jun 1, 2020
—
Mountain Crest Apartments LLC
—
Deed
related
$18,830,000 · Walker & Dunlop
Aug 25, 2010
—
Mountain Crest Apartments LLC
7th Street Apartments Investors LLC
Grant Deed
$8,350,000 · Cbre Multifamily Capital INC
Dec 14, 2005
$15,600,000
7th Street Apartments Investors LLC
Thomas W Redfern
Grant Deed
$12,212,000 · Merrill Lynch Capital
Dec 17, 2002
$9,165,000
Redfern,tr
Prasad,jeereddi A & Sudathi J
Grant Deed
$7,005,000 · Hawthorne Savings Bank Fsb
Sep 1, 1995
—
Prasad,jeereddi A Etux
Colony Fbp Ptnrs LP,
Trustees Deed
related
—
Aug 31, 1994
—
Fbp Ptnrs LP Colony
Fidelity,fb
Grant Deed
related
—
Jul 7, 1992
$5,700,000
Fidelity Fed Bank
Wildwood,propert
Trustees Deed
related
—
Oct 13, 1989
$6,725,000
Park Place Prope
King William T
Trustees Deed
—
Oct 13, 1989
$7,100,000
Wildwood Propert
Park Place Prope
Trustees Deed
$5,500,000 · Fidelity Federal Bank
—
—
Jeereddi A Prasad
—
Deed Of Trust
related
$600,000 · Ramachandrarao Trust
—
—
Mountain Crest Apartments LLC
—
Deed Of Trust
related
$18,830,000 · Walker & Dunlop
—
—
Jeereddi A Prasad
—
Deed Of Trust
related
$4,200,000 · Financial Inst Partners Mtg
—
—
7th Street Apts Invtrs LLC
—
Deed Of Trust
related
$1,500,000 · Anchor Pacifica Management Co
—
—
Jeereddi A Prasad
—
Deed Of Trust
related
$400,000 · Hawthorne Savings Bank Fsb
—
—
Jeereddi A Prasad
—
Deed Of Trust
related
$2,800,000 · Hawthorne Savings Bank Fsb
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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