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Property profile & analytics
OFF-MARKET
Estimated value
$14,280,000
Apartment buildings
2400 Ridgeview Dr Chino Hills, CA 91709-4375
Entity Owned
7-yr Hold
Property ID
US10-1550877
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1990
Construction
WOOD FRAME
Total area
93,424 SF
Lot
8.6 ac (374,616 SF)
APN
1032-161-05-0000
UPID
US10-1550877
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
-
Zhang Yan MD Physician
-
The Summit at Chino Hills Apartment Homes Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.73M
Comparable Approach
Comparable
$10.12M
Blend (final)
Blend
$14.28M
Owner & transaction history
Dav O Summit LLC · 7 yrs held
Dav O Summit LLC
since 2018
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 Chino Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chino Hills 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%
$13,785,000
6.5%
$12,725,000
7%
$11,815,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$19,915,000
Current use
Blend value · Realmo final
$14.28M
Range $12.85M – $15.71M · ±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
$153 / 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
$466,049
Tax year 2023
Assessed value
$37,803,103
Assessed 2024
Previous assessed
$37,061,866
+2.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$12,248,837
Assessed improvement
$25,554,266
Applied tax rate
24.0000
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 (100+ UNITS)
Status
Off-Market
Year built
1990
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
125
Total area
93,424 SF
Lot
8.6 ac (374,616 SF)
APN
1032-161-05-0000
UPID
US10-1550877
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
$19.9M
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
1990
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
125
Lot
8.6 ac
Current owner
From public records · entity-resolved
Dav O Summit LLC
Entity
Mailing address
12625 HIGH BLF DR STE #315, SAN DIEGO, CA 92130-2054
Ownership since
2018
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
Nov 15, 2018
$34,805,000
Dav O Summit LLC
Wesco III Bex LLC
Grant Deed
$22,500,000 · City National Bank
Apr 1, 2014
—
Wesco III Bex LLC
Bre Properties INC
Grant Deed
—
Mar 3, 2011
—
Bre Properties INC
Bre-fmcf LLC
Grant Deed
—
May 9, 2003
—
Bre-fmcf LLC
Bre Properties INC
Grant Deed
related
$100,000 · Prudential Multifamily Mtg INC
Mar 22, 1996
—
Real Estate Inve
—
Deed Of Trust
related
—
Jul 11, 1995
—
Real Estate Investment Trust
—
Deed Of Trust
related
$18,000,000 · Prudential Insurance Of Americ
Nov 14, 1994
—
Real Estate Investment Trust
—
Deed Of Trust
related
$29,000,000 · Sanwa Bank California
Mar 11, 1994
—
Estate Inve Real
—
Deed Of Trust
related
—
Jan 17, 1990
—
Chino Hi Lincoln
—
Deed Of Trust
related
—
May 9, 1989
$1,500,000
Chino Hi Lincoln
Anden Group
Grant Deed
$1,000,000 · Union Bank
—
—
Wesco III Bex LLC
—
Loan Modification
related
$125,000,000 · Pnc Bk
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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