Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    378 Mtn Vw Ave San Bernardino, CA 92408-1415
    Property profile & analytics

    378 Mtn Vw Ave, San Bernardino, CA 92408-1415

    View on Map
    • Investment properties
    • 1,500 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Dec 12, 2023
    $437,500
    Property ID
    US10-1628155
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 378 Mtn Vw Ave

    Year built
    1953
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0136-202-42-0000
    APU
    136202420000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 12, 2023 $437,500 Mountain Bernadino LLC Oscar Lee Parrott Grant Deed —
    Oct 15, 2020 — Parrott,oscar L Trust — Deed · related $125k · Carol Lucas
    Dec 26, 2019 — Parrott,oscar L Trust Oscar L Parrott Quit Claim Deed · related —
    Dec 28, 2017 — Oscar L Parrott Parrott,gloria R Affidavit Of Death · related —
    Dec 30, 2014 $185,000 Oscar L Parrott Secured Income Grp INC Grant Deed —
    May 16, 2013 $78,500 Secured Income Grp INC Wells Fargo Bank NA 2007-5 Grant Deed $70k · Allen Family Trust (pt)
    Mar 1, 2013 $63,750 Wells Fargo Bank NA 2007-5 Power Default Svcs INC Trustees Deed · related —
    Mar 7, 2007 $250,000 Humberto Leon Torres Alton Curtis Green Grant Deed $200k · Option One Mortgage Corp
    Jan 21, 2005 — Alton C Green Green,alton & Vivi Quit Claim Deed · related —
    Nov 24, 2004 — Alton Green Williams,elizabeth Grant Deed · related —
    Aug 25, 2004 — Elizabeth Williams Green,alton C & Vivi J Grant Deed · related —
    Aug 10, 2001 $65,000 Alton Green Shippers,david M & Dorine L Grant Deed —
    Feb 12, 1998 $65,000 David M Shippers Barker,thomas H & Doreen M Grant Deed —
    Jun 23, 1989 $60,000 Thomas H Barker Wallace Joseph B Grant Deed —
    — — Elizabeth Williams — Deed Of Trust · related $50k · Falcone Angelo Trust 006329
    — — Parrott,oscar L Trust — Deed Of Trust · related $125k · Carol Lucas

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.288
    Latitude
    34.0946
    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
    $2,728
    $50,000
    $387,500
    $437,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      624 SF

      880 Rialto Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      880 Rialto Ave, San Bernardino, CA 92408-1201
      View Details
    • Value Estimation by Request
      1,085 SF

      894 Sunnyside Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      894 Sunnyside Ave, San Bernardino, CA 92408-2518
      View Details
    • Value Estimation by Request
      832 SF

      690 Mtn Vw Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      690 Mtn Vw Ave, San Bernardino, CA 92408-2108
      View Details
    • Value Estimation by Request
      1,142 SF

      935 Lincoln Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      935 Lincoln Ave, San Bernardino, CA 92408-2204
      View Details
    • Value Estimation by Request
      808 SF

      455 Holden Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      455 Holden Dr, San Bernardino, CA 92408-2347
      View Details
    • Value Estimation
      $900,000
      1,358 SF

      948 Norman Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      948 Norman Rd, San Bernardino, CA 92408-2502
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,704 SF

      Commercenter West Plaza For Sale

      Multi-tenant commercial plaza with high-traffic location and growth potential.
      1894 Commercenter W, San Bernardino, CA 92408
      View Details
    • $875,000
      39,000.00 Acres

      San Bernardino Land Opportunity

      39,000 sq ft lot in a growing commercial area.
      608 E Santa Fe St, San Bernardino, CA 92408
      View Details
    • Contact for pricing

      Upgraded Commercial Building in San Bernardino

      Two-story commercial building near 215 and 10 Freeways with upgrades.
      1465 E Enterprise Dr, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      4,049 SF

      Two Freestanding Buildings in San Bernardino

      Two buildings with retail, office, or residential potential.
      1820 Flores St, San Bernardino, CA 92408
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Tri-City Center

      Office space available for rent in Tri-City Corporate Centre.
      650 E Hospitality Ln, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      146,800 SF

      San Bernardino Distribution Warehouse

      146,800 SF warehouse with secured truck court for lease.
      988 S Washington Ave, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      910 SF

      San Bernardino Flex Space Available

      Flex space available with grade level door and power improvements.
      765 S Gifford Ave, San Bernardino, CA 92408
      View Details
    • Contact for pricing
      62,772 SF

      Industrial Building Near Freeways

      62,772 SF industrial building with secured truck court.
      1480 Art Townsend Dr, San Bernardino, CA 92408
      View Details
    • $12 SF/Yr

      Prime Commercial Space Available

      Exceptional subleasing opportunity in a thriving Inland Empire market.
      1335 Riverview Dr, San Bernardino, CA 92408
      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.
    378 Mtn Vw Ave
    San Bernardino, CA 92408-1415
    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

    Thank You for Inquiry
    378 Mtn Vw Ave, San Bernardino, CA, 92408
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!