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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Apartment buildings
394 17th St San Bernardino, CA 92405-4410
Individually Owned
2-yr Hold
Property ID
US10-1551310
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1942
Construction
WOOD
Total area
6,082 SF
Lot
0.34 ac (15,000 SF)
APN
0145-092-11-0000
UPID
US10-1551310
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
$1.80M
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.80M
Owner & transaction history
Ubaldo Mendoza Lopez · 2 yrs held
Ubaldo Mendoza Lopez
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.6M
+117.3%
Restaurant
$2.5M
+104.2%
Medical building
$1.8M
+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
$1,800,000
ML approach
$1,800,000
CAP Approach
CAP Return
Estimation
6%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,215,000
Current use
OFFICE BUILDING
$2,645,000
Change: +117% · Conversion: Moderate
RESTAURANT
$2,485,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$1,760,000
Change: +45% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,635,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,545,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,220,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,120,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (May 3 2024)
Last sale anchor
$1.80M
May 3 2024
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
$296 / 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
$9,636
Tax year 2023
Assessed value
$781,825
Assessed 2024
Previous assessed
$766,495
+2.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$124,483
Assessed improvement
$657,342
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
1942
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
7
Total area
6,082 SF
Lot
0.34 ac (15,000 SF)
APN
0145-092-11-0000
UPID
US10-1551310
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
$1.2M
OFFICE BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1942
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
7
Lot
0.34 ac
Current owner
From public records · entity-resolved
Ubaldo Mendoza Lopez
Individual
Mailing address
4096 LESTER AVE, CORONA, CA 92881-3923
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$1,800,000
Ubaldo Mendoza Lopez
Fuchun Chang
Grant Deed
$1,143,750 · Commerical Capital LLC
May 13, 2021
—
Fuchun Chang
Fuchun Chang
Intrafamily Transfer
related
$615,000 · East West Bank
Aug 28, 2017
$610,000
Fuchun Chang
Kim J Burry
Grant Deed
$400,000 · Provident Savings Bank
Sep 21, 2010
$350,000
Kim J Burry
Fullerton Community Bank Fsb
Grant Deed
$260,000 · Fullerton Community Bank Fsb
Jul 13, 2010
$456,516
Cmnty Bk Fsb Fullerton
Full Service INC
Trustees Deed
related
—
May 10, 2005
$715,000
Bryan Norcott
Starkenberg,lewis
Grant Deed
$500,500 · Lewis Starkenberg
Feb 4, 1991
$94,522
James L Mcguire
Chang Tole T
Trustees Deed
related
—
Jan 25, 1990
$29,000
Chang Tole T
Mcguire James L
Trustees Deed
related
$72,600 · Mcguire James L
Sep 14, 1988
$285,000
James L Mcguire
Lohmuller Glen E
Trustees Deed
$185,000 · American Savings Bank
—
—
Tole T Chang
—
Deed Of Trust
related
—
—
—
Bryan Norcott
—
Deed Of Trust
related
$500,000 · Fullerton Community Bank Fsb
—
—
James L Mcguire
—
Deed Of Trust
related
—
—
—
Kim J Burry
—
Deed Of Trust
related
$100,000 · Marian Cerilly
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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