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Property profile & analytics
OFF-MARKET
Estimated value
$10,355,000
Apartment buildings
1525 Eureka St San Bernardino, CA 92404-2088
Entity Owned
3-yr Hold
Property ID
US10-1548086
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD FRAME
Total area
47,016 SF
Lot
2.18 ac (94,960 SF)
APN
0155-101-25-0000
UPID
US10-1548086
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
-
Eureka Manors Apartment Complex
-
Pearl enterprise Community Center
-
Tammy's Cleaning Crew Commercial Cleaning Service
-
Glamour Chris Beauty Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.03M
CAP Approach
CAP
$9.28M
Comparable Approach
Comparable
$11.83M
Blend (final)
Blend
$10.36M
Owner & transaction history
Westland Aii 2022 LLC · 3 yrs held
Westland Aii 2022 LLC
since 2022
Last sale
$10.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.2M
+65.1%
Medical building
$13.6M
+58.7%
Neighborhood: shopping center
$12.7M
+47.6%
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
$10,470,000
ML approach
$9,030,000
CAP Approach
CAP Return
Estimation
6%
$10,050,000
6.5%
$9,280,000
7%
$8,615,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,575,000
Current use
COMMERCIAL (GENERAL)
$14,155,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$13,605,000
Change: +59% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$12,655,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,430,000
Change: +10% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,650,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$10.36M
Range $9.32M – $11.39M · ±10% · vs last sale $10.75M (Oct 13 2022)
Last sale anchor
$10.75M
Oct 13 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
$220 / 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
$135,663
Tax year 2023
Assessed value
$11,186,381
Assessed 2024
Previous assessed
$10,967,040
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,238,941
Assessed improvement
$8,947,440
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
1985
Construction
WOOD FRAME
Heating
NONE
Units
64
Rooms
5
Bathrooms
1
Total area
47,016 SF
Lot
2.18 ac (94,960 SF)
APN
0155-101-25-0000
UPID
US10-1548086
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
$8.6M
COMMERCIAL (GENERAL)
Est. value
$14.2M
MEDICAL BUILDING
Est. value
$13.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.7M
AUTO REPAIR, GARAGE
Est. value
$9.4M
WAREHOUSE, STORAGE
Est. value
$8.7M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
WOOD FRAME
Heating
NONE
Units
64
Rooms
5
Bathrooms
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
Westland Aii 2022 LLC
Entity
Mailing address
520 W WILLOW ST, LONG BEACH, CA 90806-2831
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
—
Westland Aii 2022 LLC
Westland Eureka LLC
Intrafamily Transfer
related
$70,000,000 · Citibank NA
Oct 21, 2021
—
Tbmm Eureka Street Partners LLC
Talamentes Capital LLC
Grant Deed
—
Oct 21, 2021
$10,752,000
Westland Eureka LLC
Tbmm Eureka Street Partners LLC
Grant Deed
—
Jul 21, 2017
$5,400,000
Talamentes Capital LLC
Eureka 331 Properties LP
Grant Deed
$4,185,000 · Cbre Cap Markets
Mar 22, 2006
—
Eureka 331 Properties
Malkin Intervivos 1982 Trust
Grant Deed
$3,800,000 · Cibc INC
Nov 9, 1993
$1,450,000
Malkin Trust
Itt Commercial F
Grant Deed
$1,050,000 · Itt Commercial Finance
Jul 10, 1992
$1,800,000
Itt Fed Bank
Butcher,william
Trustees Deed
related
—
Feb 5, 1992
$626,500
Sarkaria, David
Perez,ernest J
Trustees Deed
related
$464,808 · Individual
Feb 5, 1992
$1,115,500
Perez, Ernest J
Wolfe,david B
Trustees Deed
related
—
Apr 23, 1990
$729,000
Perez Ernest J &
S M Accommodator
Trustees Deed
$570,000 · Individual
Apr 23, 1990
$122,000
Eureka Inv Group
Wolfe David B
Trustees Deed
—
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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