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Property profile & analytics
OFF-MARKET
Estimated value
$12,425,000
Apartment buildings
2575 Steele Rd San Bernardino, CA 92408-3950
Entity Owned
Property ID
US10-1555722
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1982
Construction
WOOD FRAME
Total area
46,848 SF
Lot
1.94 ac (84,506 SF)
APN
0141-332-06-0000
UPID
US10-1555722
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
-
Loma Vista Apartments Associates Apartment Building Apartments
-
Dino R. Federico, MSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.25M
Comparable Approach
Comparable
$12.85M
Blend (final)
Blend
$12.43M
Owner & transaction history
Dfi Loma Vista LLC
Dfi Loma Vista LLC
since 2025
Last sale
$13.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$20.4M
+117.3%
Restaurant
$19.1M
+104.2%
Medical building
$13.6M
+44.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,015,000
6.5%
$9,245,000
7%
$8,585,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,375,000
Current use
OFFICE BUILDING
$20,365,000
Change: +117% · Conversion: Moderate
RESTAURANT
$19,135,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$13,555,000
Change: +45% · Conversion: Moderate
COMMERCIAL (GENERAL)
$13,395,000
Change: +43% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$12,610,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,395,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,600,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$12.43M
Range $11.18M – $13.67M · ±10% · vs last sale $13.80M (Jul 23 2025)
Last sale anchor
$13.80M
Jul 23 2025
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
$265 / 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
$96,436
Tax year 2023
Assessed value
$7,956,979
Assessed 2024
Previous assessed
$7,800,959
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$974,893
Assessed improvement
$6,982,086
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
1982
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
70
Total area
46,848 SF
Lot
1.94 ac (84,506 SF)
APN
0141-332-06-0000
UPID
US10-1555722
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
$9.4M
OFFICE BUILDING
Est. value
$20.4M
RESTAURANT
Est. value
$19.1M
MEDICAL BUILDING
Est. value
$13.6M
COMMERCIAL (GENERAL)
Est. value
$13.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.6M
AUTO REPAIR, GARAGE
Est. value
$9.4M
WAREHOUSE, STORAGE
Est. value
$8.6M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1982
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
70
Lot
1.94 ac
Current owner
From public records · entity-resolved
Dfi Loma Vista LLC
Entity
Mailing address
PO BOX 9716, REDLANDS, CA 92375-2916
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
$13,800,000
Dfi Loma Vista LLC
Loma Vista I Apartments LLC
Grant Deed
—
Dec 6, 2024
—
Loma Vista I Apartments LLC
—
Deed
related
$8,397,000 · Cbre Capital Markets INC
May 31, 2019
—
Loma Vista I Apartments LLC
—
Deed
related
$500,000 · Jpmorgan Chase Bank NA
Dec 16, 2015
$6,856,000
Loma Vista I Apartments LLC
Loma Vista Investors LLC
Grant Deed
$4,113,000 · Jpmorgan Chase Bank NA
Mar 12, 2013
$4,970,000
Loma Vista Investors LLC
Loma Vista Apartment Associates Joi
Grant Deed
—
Dec 29, 1997
—
Loma Vista Apartments Assoc
—
Grant Deed
related
$1,432,000 · Nationsbanc Mortgage Corp
Nov 16, 1990
—
Loma Vista Apart
—
Grant Deed
related
$1,650,000 · Bankers Mutual
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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