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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Assisted living facilities
17961 San Bernardino Ave Bloomington, CA 92316
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1041511
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1964
Construction
WOOD FRAME
Total area
8,921 SF
Lot
0.2 ac (8,682 SF)
APN
0252-201-01-0000
UPID
US10-1041511
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
$1.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
Spruce Tree 1031 LLC · 4 yrs held
Spruce Tree 1031 LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+461.4%
Office building
$2.3M
+437.4%
Industrial (general)
$1.7M
+291.9%
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 Bloomington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bloomington 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
$1,595,000
ML approach
$1,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,430,000
Change: +461% · Conversion: Difficult
OFFICE BUILDING
$2,325,000
Change: +437% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,695,000
Change: +292% · Conversion: Difficult
RESTAURANT
$1,650,000
Change: +281% · Conversion: Difficult
RETAIL STORES
$1,625,000
Change: +276% · Conversion: Difficult
MEDICAL BUILDING
$1,250,000
Change: +189% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10% · vs last sale $1.50M (Apr 28 2022)
Last sale anchor
$1.50M
Apr 28 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
$173 / 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
$1,441
Tax year 2023
Assessed value
$104,040
Assessed 2024
Previous assessed
$102,000
+2.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$104,040
Applied tax rate
64.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1964
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
40
Total area
8,921 SF
Lot
0.2 ac (8,682 SF)
APN
0252-201-01-0000
UPID
US10-1041511
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
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
1964
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
40
Lot
0.2 ac
Current owner
From public records · entity-resolved
Spruce Tree 1031 LLC
Entity
Mailing address
700 E LYNNHAVEN LN STE #207, LA CANADA, CA 91011-2416
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
$1,500,000
Spruce Tree 1031 LLC
Schaefer Financial Services INC
Grant Deed
$975,000 · Mbsru INC
Apr 28, 2022
—
Schaefer Financial Services INC
Helen Kaveh
Intrafamily Transfer
related
—
Jul 20, 2018
$1,000,000
Eshaghpour Family Trust
Td Foreclosure Svcs INC|lau,jonathan
Trustees Deed
related
—
Jan 17, 2018
—
Amaxi Investment Co
National Mortgage Rsrcs INC
Grant Deed
—
Dec 2, 2016
—
National Mtg Rsrcs INC
Lau,jonathan C M
Deed In Lieu Of Foreclosure
related
—
Nov 9, 2015
$2,400,000
Jonathan C M Lau
Princess Healthcare LLC
Quit Claim Deed
related
$1,500,000 · Private Individual
Jan 6, 2006
$1,800,000
Princess Healthcare LLC
Jay Gar Assoc
Grant Deed
$1,715,000 · Wilshire State Bank
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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