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Property profile & analytics
OFF-MARKET
Estimated value
$4,040,000
Apartment buildings
22822 Palm Ave, Grand Terrace, CA 92313-5268
Individually Owned
9-yr Hold
Property ID
US10-1554227
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD FRAME
Total area
35,897 SF
Lot
0.5 ac (21,725 SF)
APN
0276-202-35-0000
UPID
US10-1554227
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
by Request
CAP Approach
CAP
$4.89M
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$4.04M
Owner & transaction history
Stanley A Sirott · 9 yrs held
Stanley A Sirott
since 2016
6 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 Grand Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Terrace 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%
$5,295,000
6.5%
$4,890,000
7%
$4,540,000
Blend value · Realmo final
$4.04M
Range $3.64M – $4.44M · ±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
$113 / 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
$58,678
Tax year 2023
Assessed value
$4,835,776
Assessed 2024
Previous assessed
$4,740,957
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$455,132
Assessed improvement
$4,380,644
Applied tax rate
16.0000
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
1964
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
34
Total area
35,897 SF
Lot
0.5 ac (21,725 SF)
APN
0276-202-35-0000
UPID
US10-1554227
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
1964
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
34
Lot
0.5 ac
Current owner
From public records · entity-resolved
Stanley A Sirott
Individual
Mailing address
1047 E FOOTHILL BLVD #803, LA VERNE, CA 91750-3236
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2019
—
Stanley A Sirott
—
Deed
related
$3,500,000 · Jpmorgan Chase Bank NA
Nov 22, 2016
$4,650,000
Stanley A Sirott
22822 Palm Ave LLC
Grant Deed
$3,022,500 · Jpmorgan Chase Bank NA
Dec 18, 2014
$3,710,000
22822 Palm Ave LLC
Theung Trust
Grant Deed
$2,700,000 · Bolour Associates INC
Jun 28, 2013
$3,550,000
Theung Trust
Blaich Investments-3 LLC
Grant Deed
$2,300,000 · Pacific City Bank
Sep 25, 2007
$3,675,000
Blaich Investments-3 LLC
James T Haynes
Grant Deed
$2,570,000 · Citibank NA
Mar 19, 2003
$2,150,000
James T Haynes
Rainboldt,williams M & Beberly J
Grant Deed
related
$1,720,000 · Abn Amro Mortgage Group INC
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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