New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Apartment buildings
16167 Bear Vly Rd, Hesperia, CA 92345-0827
Entity Owned
4-yr Hold
Property ID
US10-1553609
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD FRAME
Total area
4,064 SF
Lot
0.7 ac (30,450 SF)
APN
0414-031-04-0000
UPID
US10-1553609
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.11M
Owner & transaction history
Apartmentcomplex LLC · 4 yrs held
Apartmentcomplex LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+104.0%
Auto repair, garage
$1.2M
+42.8%
Medical building
$1.2M
+35.7%
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 Hesperia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hesperia 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
$1,070,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$765,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$865,000
Current use
OFFICE BUILDING
$1,765,000
Change: +104% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,235,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$1,175,000
Change: +36% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,095,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$950,000
Change: +10% · Conversion: Moderate
RETAIL STORES
$905,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $1.10M (Jun 8 2022)
Last sale anchor
$1.10M
Jun 8 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
$273 / 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
$12,804
Tax year 2023
Assessed value
$1,144,440
Assessed 2024
Previous assessed
$1,122,000
+2.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$364,140
Assessed improvement
$780,300
Applied tax rate
20.0000
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
1960
Construction
WOOD FRAME
Heating
NONE
Units
8
Total area
4,064 SF
Lot
0.7 ac (30,450 SF)
APN
0414-031-04-0000
UPID
US10-1553609
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
$865,000
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$950,000
RETAIL STORES
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1960
Construction
WOOD FRAME
Heating
NONE
Units
8
Lot
0.7 ac
Current owner
From public records · entity-resolved
Apartmentcomplex LLC
Entity
Mailing address
1005 N CTR AVE APT #7200, ONTARIO, CA 91764-6503
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2022
$1,100,000
Apartmentcomplex LLC
Rashid Qureshi
Grant Deed
$770,000 · Credit Union Of Southern California
Nov 8, 2019
$700,000
Rashid Qureshi
White Star Capital LLC
Grant Deed
$525,000 · Seacoast Commerce Bank
Mar 30, 2017
—
White Star Capital LLC
—
Deed
related
$489,706 · Molinarolo Bruno Trust (pt)
Mar 16, 2017
—
Khoi D Hoang
Stk Venture Partners LLC
Grant Deed
—
Mar 16, 2017
$280,000
White Star Capital LLC
Hoang,khoi D
Grant Deed
—
Aug 17, 2016
$130,000
Stk Venture Partners LLC
Hoang,khoi D
Grant Deed
—
Apr 3, 2006
—
Diane Vuong
Hoang,nhan K
Quit Claim Deed
related
—
Dec 15, 2005
$750,000
Khoi D Hoang
Meza,rodrigo R
Grant Deed
—
May 25, 2005
$575,000
Rodrigo R Meza
Mehdi Rafie
Grant Deed
$250,000 · Farmers & Merchants Bank Of Long Be
Jun 25, 2004
$399,000
Mehdi Rafie
Obeidat,khaldoun M
Grant Deed
$299,250 · United Commercial Bank
Jun 25, 2004
—
Farhad Taleghani
Taleghani,taraneh K
Quit Claim Deed
related
—
Nov 16, 2001
$38,500
Khaldoun M Obeidat
Garrett,deanna A
Grant Deed
related
$7,500 · Deanna A Garrett
Jan 14, 2000
$1,000
Deanna G Garrett
Agens,gary L
Grant Deed
related
—
Dec 22, 1988
$185,000
Deanna G Garrett
Bandringa Philip
Grant Deed
$138,750 · Westport Savings & Loan
—
—
White Star Capital LLC
—
Deed Of Trust
related
$489,706 · Molinarolo Bruno Trust (pt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16167 Bear Vly Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
