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Property profile & analytics
OFF-MARKET
Estimated value
$5,710,000
Apartment buildings
24530 University Ave, Loma Linda, CA 92354-2749
Individually Owned
16-yr Hold
Property ID
US10-1554246
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
WOOD FRAME
Total area
54,180 SF
Lot
3.3 ac (143,748 SF)
APN
0284-051-19-0000
UPID
US10-1554246
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
-
University Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.38M
Comparable Approach
Comparable
$3.98M
Blend (final)
Blend
$5.71M
Owner & transaction history
Kostas Fergadis · 16 yrs held
Kostas Fergadis
since 2009
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 Loma Linda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loma Linda 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%
$7,995,000
6.5%
$7,380,000
7%
$6,850,000
Blend value · Realmo final
$5.71M
Range $5.14M – $6.28M · ±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
$105 / 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
$80,229
Tax year 2023
Assessed value
$6,833,788
Assessed 2024
Previous assessed
$6,699,792
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,455,345
Assessed improvement
$5,378,443
Applied tax rate
13.0000
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
1977
Construction
WOOD FRAME
Heating
NONE
Units
60
Total area
54,180 SF
Lot
3.3 ac (143,748 SF)
APN
0284-051-19-0000
UPID
US10-1554246
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
1977
Construction
WOOD FRAME
Heating
NONE
Units
60
Lot
3.3 ac
Current owner
From public records · entity-resolved
Kostas Fergadis
Individual
Mailing address
19930 WLS DR, WOODLAND HILLS, CA 91364-4724
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2021
—
Kostas Fergadis
—
Deed
related
$3,960,000 · Jpmorgan Chase Bank NA
Aug 31, 2017
—
Kostas Fergadis
—
Deed
related
$4,200,000 · Jpmorgan Chase Bank NA
Jul 16, 2009
—
Kostas Fergadis
Sixty Loma Linda Partnership LP
Grant Deed
—
Jul 14, 1993
$2,235,000
Antonio E Robles
University Park
Grant Deed
—
—
—
Sixty Loma Linda Partnership
—
Deed Of Trust
related
$2,000,000 · Abn Amro Mortgage Group INC
—
—
Sixty Loma Linda LP
—
Deed Of Trust
related
$3,000,000 · Washington Mutual Fsb
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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