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Property profile & analytics
OFF-MARKET
Turn key restaurants
385 St San Bernardino, CA 92401-1515
Individually Owned
6-yr Hold
Free & Clear
Property ID
US10-1462996
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,325 SF
Lot
0.06 ac (2,450 SF)
APN
0134-241-64-0000
UPID
US10-1462996
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Friedman · 6 yrs held
David Friedman
since 2020
Last sale
$45,000
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,320
Tax year 2023
Assessed value
$94,049
Assessed 2024
Previous assessed
$92,205
+2.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$24,285
Assessed improvement
$69,764
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
2,325 SF
Lot
0.06 ac (2,450 SF)
APN
0134-241-64-0000
UPID
US10-1462996
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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
David Friedman
Individual
Free & Clear · 6 yrs held
Mailing address
395 NE ST STE #104, SAN BERNARDINO, CA 92401-1537
Ownership since
2020
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
Jul 2, 2020
—
David Friedman
David Friedman
Quit Claim Deed
related
—
Jul 28, 2017
$45,000
David Friedman
Successor Agcy To Of Redev Agc
Grant Deed
—
Dec 3, 2014
—
Redevelopment Agcy Of San Bernard
San Bernardino Economic Dev Co
Quit Claim Deed
related
—
Mar 18, 2011
—
San Bernardino Economic Dev Co
Redevelopment Agcy Of San Bernard
Quit Claim Deed
related
—
Sep 13, 2010
$75,000
Redevelopment Agcy Of San Bernard
Merchants Bank Of California NA
Grant Deed
—
May 12, 2010
$133,000
Merchants Bank Of California NA
Td Service Co
Trustees Deed
related
—
Jun 1, 2006
$420,000
Rafael Madrigal
Eligio Brito
Grant Deed
$340,000 · Merchants Bank Of California NA
Apr 25, 2005
$345,000
Eligio Brito
Cq Investments INC
Grant Deed
$100,000 · Community Commerce Bank
Jan 10, 2002
$100,000
Victor L Vartic
Garcia,ernest F & Dorothy J
Grant Deed
$90,000 · Ernest F & Dorothy J Garcia
Jun 5, 1998
—
Ernest Garcia
—
Deed Of Trust
related
—
—
—
Victor L Vartic
—
Deed Of Trust
related
$26,325 · Community Investment Corp
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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