Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2400 Ridgeview Dr Chino Hills, CA 91709-4375

    • Apartment buildings
    • 93,424 SF
    • 8.60 lot acres
    OFF-MARKET
    Value Estimations
    $14,280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-1550877
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Zhang Yan MD / Doctor
    • The Summit at Chino Hills Apartment Homes / Apartment Rental Agency

    Property Details for 2400 Ridgeview Dr

    Year built
    1990
    Construction
    WOOD FRAME
    Lot size
    8.60 lot acres
    Property size
    93,424 SF
    Property type
    Apartment buildings
    APN
    1032-161-05-0000
    APU
    1032161050000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $13,785,000
      6.5%
      $12,725,000
      7%
      $11,815,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $10,115,000
      Market price range: $3.60M - $10.1M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $19,915,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chino Hills
    County
    San Bernardino
    State
    California
    Longitude
    -117.751
    Latitude
    33.9837
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $466,049
    $12,248,837
    $25,554,266
    $37,803,103
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $35,500,000
      235,888 SF

      15773 High Knl Dr

      APARTMENT HOUSE (100+ UNITS) • 235,888 SF
      15773 High Knl Dr, Chino Hills, CA 91709-3868
      View Details
    • Value Estimation
      $2,485,000
      22,472 SF

      14901 Frost Ave

      APARTMENT HOUSE (5+ UNITS) • 22,472 SF
      14901 Frost Ave, Chino Hills, CA 91709-2468
      View Details
    • Value Estimation by Request
      44,824 SF

      4120 Vlg Dr

      APARTMENT HOUSE (5+ UNITS) • 44,824 SF
      4120 Vlg Dr, Chino Hills, CA 91709-2782
      View Details
    • Value Estimation by Request
      386,128 SF

      15101 Fairfield Rnch Rd

      APARTMENT HOUSE (100+ UNITS) • 386,128 SF
      15101 Fairfield Rnch Rd, Chino Hills, CA 91709-8867
      View Details
    • Value Estimation
      $4,315,000
      45,600 SF

      14901 Frost Ave

      APARTMENT HOUSE (5+ UNITS) • 45,600 SF
      14901 Frost Ave, Chino Hills, CA 91709-2468
      View Details
    • Value Estimation
      $9,560,000
      94,908 SF

      13439 Peyton Dr

      APARTMENT HOUSE (100+ UNITS) • 94,908 SF
      13439 Peyton Dr, Chino Hills, CA 91709-1291
      View Details

    Similar Nearby for Sale

    • $139,886

      Chino Hills Manufactured Home

      Well-maintained home in a vibrant Chino Hills community.
      15050 Monte Vista Ave, Chino Hills, CA 91709
      View Details
    • $125,000
      1,800 SF

      Spacious Home in Senior Community

      Large 1800 sq ft home in 55+ community.
      15111 Pipeline Ave, Chino Hills, CA 91709
      View Details
    • $645,000
      1,335 SF

      Chino Hills Townhome with Views

      End-unit townhome with city and mountain views in Chino Hills.
      13199 Spire Cir, Chino Hills, CA 91709
      View Details
    • $625,000
      1,436 SF

      Chino Hills Townhome with Upgrades

      Cozy 2-bedroom townhome in desirable Celamonte Community, Chino Hills.
      17871 Shady View Dr, Chino Hills, CA 91709
      View Details
    • $1,600,000
      85,351.00 Acres

      Chino Hills Prime Building Parcel

      One acre parcel with views and potential for horses.
      13 Old Carbon Canyon Rd, Chino Hills, CA 91709
      View Details
    • $2,500,000
      174,240.00 Acres

      Chino Hills Land with Views

      Four acre lot in Chino Hills with fantastic views.
      1 Old Carbon Canyon Rd, Chino Hills, CA 91709
      View Details

    Similar Nearby for Lease

    • $1.21 SF/Yr
      2,770 SF

      Industrial Condo with Office Space

      Industrial condo featuring office space and high ceilings for lease.
      15350 Fairfield Ranch Rd, Chino Hills, CA 91709
      View Details
    • $40 SF/Yr
      4,608 SF

      Chino Hills Parkway Office Space

      Retail/Office space, prime location.
      4197 Chino Hills Pkwy, Chino Hills, CA 91709
      View Details
    • Contact for pricing
      3,721 SF

      Class A Office Space Available

      Class A office project in Chino Hills for rent.
      15335 Fairfield Ranch Rd, Chino Hills, CA 91709
      View Details
    • Contact for pricing
      4,392 SF

      Chino Hills Retail Space For Lease

      Prime freestanding retail, 4,392 SF, high traffic area.
      13225 Peyton Dr, Chino Hills, CA 91709
      View Details
    • Contact for pricing
      59,464 SF

      Chino Hills Retail Center Investment

      Prime Retail Space, Chino Hills, CA
      13920 City Center Dr, Chino Hills, CA 91709
      View Details
    • Contact for pricing
      73,352 SF

      Chino Hills Retail Center Investment

      Prime Chino Hills retail space available.
      0 Chino Hl Pkwy. & Grand Ave, Chino Hills, CA 91709
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2400 Ridgeview Dr
    Chino Hills, CA 91709-4375
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.