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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Apartment buildings
2303 Mtn Vw Ave San Bernardino, CA 92405-3559
Entity Owned
1-yr Hold
Property ID
US10-1544166
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD FRAME
Total area
10,490 SF
Lot
0.33 ac (14,443 SF)
APN
0150-211-67-0000
UPID
US10-1544166
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
-
Notary Mobel Services Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.35M
Owner & transaction history
Golden Opportunity No 28 LP · 1 yrs held
Golden Opportunity No 28 LP
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+0.2%
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
$1,350,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,100,000
Current use
AUTO REPAIR, GARAGE
$2,105,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,930,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (Aug 26 2024)
Last sale anchor
$1.35M
Aug 26 2024
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
$129 / 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
$2,369
Tax year 2023
Assessed value
$181,144
Assessed 2024
Previous assessed
$177,593
+2.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$70,810
Assessed improvement
$110,334
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
1963
Construction
WOOD FRAME
Heating
NONE
Units
9
Total area
10,490 SF
Lot
0.33 ac (14,443 SF)
APN
0150-211-67-0000
UPID
US10-1544166
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
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
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
1963
Construction
WOOD FRAME
Heating
NONE
Units
9
Lot
0.33 ac
Current owner
From public records · entity-resolved
Golden Opportunity No 28 LP
Entity
Mailing address
2234 E COLORADO BLVD, PASADENA, CA 91107-3608
Ownership since
2024
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
Aug 26, 2024
$1,350,000
Golden Opportunity No 28 LP
Robert Gazzolo
Grant Deed
$1,350,000 · Western Alliance Bank
Aug 26, 2024
—
Robert Gazzolo
Robert Gazzolo
Intrafamily Transfer
related
—
Mar 26, 2013
—
Robert Gazzolo
Gazzolo J F & N B 2000 Living
Quit Claim Deed
related
—
Aug 17, 2004
—
Gazzolo J F & N B 2000 Trust
Gazzolo,jean F & Nancy B
Quit Claim Deed
related
$315,000 · Washington Mutual Fsb
Apr 17, 1995
$110,000
Jean F Gazzolo
International Savings Bank
Grant Deed
$88,000 · International Savings Bank
Mar 30, 1995
$98,000
International Savings Bank
Ngan,benita
Trustees Deed
related
—
Oct 18, 1988
—
Ngan Benita
Newreal Mangemen
Grant Deed
$300,000 · Malibu Savings Bank
Oct 18, 1988
$407,000
Newreal Manageme
Werner Chris
Trustees Deed
—
Feb 11, 1988
$318,500
Chris Werner
Johns
Trustees Deed
—
Feb 11, 1988
—
Chris Werner
Werne
Quit Claim Deed
related
$256,000 · Johnson Bob L
—
—
Jean F Gazzolo
—
Deed Of Trust
related
$169,000 · Hemet Federal Savings & Loan
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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