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Property profile & analytics
OFF-MARKET
Medical Office Space
1520 Waterman Ave San Bernardino, CA 92404-5111
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1007598
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Construction
WOOD FRAME
Total area
2,388 SF
Lot
0.2 ac (8,675 SF)
APN
0146-153-24-0000
UPID
US10-1007598
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
-
KBS PROPERTY SITTING Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nicolae Ursu · 4 yrs held
Nicolae Ursu
since 2022
Last sale
$180,000
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,949
Tax year 2023
Assessed value
$311,392
Assessed 2024
Previous assessed
$305,286
+2.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$52,020
Assessed improvement
$259,372
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
2,388 SF
Lot
0.2 ac (8,675 SF)
APN
0146-153-24-0000
UPID
US10-1007598
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
1957
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Nicolae Ursu
Individual
Mailing address
11223 PO BOX 7446TH DR, RIVERSIDE, CA 92513-7446
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
$299,300
Nicolae Ursu
Dpsb Quality Investments LLC
Public Action
related
—
Aug 25, 2015
$180,000
Dpsb Quality Investments LLC
Herbert,martha S
Grant Deed
$100,000 · Other Institutional Lenders
Aug 19, 2015
—
Martha S Herbert
Herbert,charles H JR
Affidavit Of Death
related
—
Aug 28, 2014
—
Charles H Herbert
Charles H Herbert
Intrafamily Transfer
related
$145,000 · Allstar Financial Services INC
—
—
Charles H Herbert
—
Deed Of Trust
related
$101,000 · Southern Pacific Bank
—
—
Charles H Herbert
—
Deed Of Trust
related
$12,000 · Individual
—
—
Charles H Herbert
—
Deed Of Trust
related
$25,000 · Empire Financial Corp
—
—
Charles H Herbert
—
Deed Of Trust
related
$112,000 · Allstar Financial
—
—
Charles H Herbert
—
Deed Of Trust
related
$88,548 · Advanta Finance Corp
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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