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Property profile & analytics
OFF-MARKET
Estimated value
$4,840,000
Apartment buildings
16254 Ceres Ave Fontana, CA 92335-4560
Entity Owned
21-yr Hold
Free & Clear
Property ID
US10-1547577
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1996
Construction
WOOD FRAME
Total area
32,984 SF
Lot
1.84 ac (80,150 SF)
APN
0191-181-03-0000
UPID
US10-1547577
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
-
American Eagle Sports School Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.84M
Owner & transaction history
Fontana Housing Authority · 21 yrs held
Fontana Housing Authority
since 2005
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 Fontana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fontana 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,625,000
Current use
Blend value · Realmo final
$4.84M
Range $4.36M – $5.32M · ±10%
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
$147 / 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
Applied tax rate
10.0000
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
1996
Construction
WOOD FRAME
Heating
NONE
Units
43
Rooms
4
Bathrooms
1
Total area
32,984 SF
Lot
1.84 ac (80,150 SF)
APN
0191-181-03-0000
UPID
US10-1547577
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
$7.6M
APARTMENT HOUSE (5+ UNITS) Current
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
1996
Construction
WOOD FRAME
Heating
NONE
Units
43
Rooms
4
Bathrooms
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Fontana Housing Authority
Entity
Free & Clear · 21 yrs held
Mailing address
8353 SIERRA AVE, FONTANA, CA 92335-3528
Ownership since
2005
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
Mar 16, 2005
—
Fontana Housing Authority
Opportune Ventures LLC
Grant Deed
—
Nov 30, 2004
—
Opportune Ventures LLC
Fata,antoun J & Adma
Grant Deed
related
—
May 1, 1995
—
Antoun J Fata
—
Grant Deed
related
$1,000,000 · Frontier State Bank
Aug 23, 1994
$200,000
Antoun J Fata
Feghali,pierre
Grant Deed
—
Jun 26, 1992
$400,000
Sami Merhi
Bank Of America
Grant Deed
—
Dec 16, 1991
$1,191,471
Security Pacific
Lluis,ramiro
Trustees Deed
related
—
Jan 6, 1988
$260,000
Ramiro J Lluis
Pledg
Trustees Deed
$101,000 · Pledged To Progr
Jan 6, 1988
$166,500
Pledged Progress
Nasre
Trustees Deed
related
—
—
—
Antoun J Fata
—
Deed Of Trust
related
$1,120,000 · Bnc Mortgage INC
—
—
Antoun Fata
—
Deed Of Trust
related
$640,000 · Individual
—
—
Ramiro J Lluis
—
Deed Of Trust
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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