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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Turn key restaurants
2322 Mtn Ave Ontario, CA 91762-6130
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US10-1471720
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,580 SF
Lot
0.67 ac (29,327 SF)
APN
1015-181-09-0000
UPID
US10-1471720
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
-
Serclean | Mold Removal Ontario CA Home Inspector Water Damage Restoration Service
-
El Pescador Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
V & A Properties LLC · 17 yrs held
V & A Properties LLC
since 2009
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$102 / 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
$30,377
Tax year 2023
Assessed value
$2,860,260
Assessed 2024
Previous assessed
$2,804,177
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$408,418
Assessed improvement
$2,451,842
Applied tax rate
4.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
8,580 SF
Lot
0.67 ac (29,327 SF)
APN
1015-181-09-0000
UPID
US10-1471720
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
V & A Properties LLC
Entity
Mailing address
2322 S MTN AVE, ONTARIO, CA 91762-6130
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Sunrise Property Group LLC
—
Deed
related
$6,030,000 · Bank Of America NA
Apr 14, 2025
—
V & A Properties LLC
—
Deed
related
$6,030,000 · Bank Of America NA
May 15, 2024
—
V & A Properties LLC
—
Deed
related
$1,400,000 · Velocitysba LLC
Mar 17, 2020
—
V & A Properties LLC
—
Deed
related
$2,300,000 · Bank Of America
Apr 4, 2018
—
V & A Properties LLC
—
Deed
related
$562,300 · California Bk&tr
Jun 16, 2016
—
V & A Properties LLC
—
Deed
related
$1,480,000 · California Bk&tr
Apr 30, 2009
—
V & A Properties LLC
Va Properties LLC
Grant Deed
$300,000 · Security Bank Of California
Dec 2, 2003
$1,550,000
Va Properties LLC
Chung,james L & Cecilia J
Grant Deed
$1,454,300 · Banco Popular NA
Dec 8, 2000
$970,000
James L Chung
Mitchell Trust
Grant Deed
—
Jan 11, 1999
—
Robert Mitchell
—
Deed Of Trust
related
—
—
—
V & A Properties LLC
—
Loan Modification
related
$587,200 · Seacoast Cmrc Bk
—
—
Mitchell Trust
—
Deed Of Trust
related
$400,000 · Bank Of Commerce
—
—
V & A Properties LLC
—
Deed Of Trust
related
$1,750,000 · Bank Of America
—
—
V & A Properties LLC
—
Deed Of Trust
related
$2,300,000 · Bank Of America
—
—
V & A Properties LLC
—
Deed Of Trust
related
$1,480,000 · California Bk&tr
—
—
V & A Properties LLC
—
Deed Of Trust
related
$562,300 · California Bk&tr
—
—
James L Chung
—
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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