Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
40433 Lakeview Dr Big Bear Lake, CA 92315
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1635309
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Construction
WOOD FRAME
Total area
3,240 SF
Lot
0.24 ac (10,438 SF)
APN
0308-062-01-0000
UPID
US10-1635309
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
Funf Ventures LLC · 4 yrs held
Funf Ventures LLC
since 2022
Last sale
$400,000
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 Big Bear Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Big Bear Lake 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
$12,061
Tax year 2023
Assessed value
$416,160
Assessed 2024
Previous assessed
$408,000
+2.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$130,050
Assessed improvement
$286,110
Applied tax rate
17.0000
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
1969
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
3,240 SF
Lot
0.24 ac (10,438 SF)
APN
0308-062-01-0000
UPID
US10-1635309
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
1969
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Funf Ventures LLC
Entity
Mailing address
PO BOX 232459, ENCINITAS, CA 92023-2459
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2022
$400,000
Funf Ventures LLC
Jrm Financial LLC
Grant Deed
—
May 25, 2021
$416,597
Jrm Financial LLC
Sbs Trust Deed Network
Foreclosure
related
—
May 11, 2018
—
Liberty Fund LLC
Dli Properties LLC
Quit Claim Deed
—
Dec 27, 2016
—
Dli Properties LLC
—
Deed
related
$375,000 · Anchor Lns
Sep 8, 2016
—
Dli Properties LLC
—
Deed
related
$100,000,000 · Direct Lndg Income Fund LP
Aug 10, 2016
$500,000
Dli Properties LLC
Fidelity National Title Co|amelsberg,michael & Chr
Trustees Deed
related
—
Sep 24, 2014
—
Pmn-sln Living Trust
Nelson,patrick
Quit Claim Deed
related
—
Aug 8, 2014
—
Pmn-sln Trust
Nelson,patrick
Quit Claim Deed
related
—
Oct 18, 2013
—
Pnm-sln Trust
Nelson,patrick
Quit Claim Deed
—
Nov 23, 2010
$85,000
Patrick Nelson
Amelsberg,michael & Christina
Grant Deed
—
Feb 1, 2006
$1,000,000
Michael Amelsberg
James R Romans
Grant Deed
$878,000 · Vineyard Bank
Feb 20, 1997
$260,000
James R Romans
Manor Trust
Grant Deed
$68,752 · Seller
Jul 13, 1995
$230,000
Manor Trust
Farley,walter J & Barbara
Grant Deed
$180,000 · First Mountain Bank
—
—
Patrick Nelson
—
Loan Modification
related
$1,100,000 · Michael & Christina Amelsberg
—
—
Walter J Farley
—
Deed Of Trust
related
$117,750 · Imperial Thrift & Loan
—
—
Dli Properties LLC
—
Deed Of Trust
related
$375,000 · Anchor Lns
—
—
Dli Properties LLC
—
Deed Of Trust
related
$100,000,000 · Direct Lndg Income Fund LP
—
—
Walter J Farley
—
Deed Of Trust
related
$112,500 · Imperial Thrift & Loan
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40433 Lakeview Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
