Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Strip malls
40953 Big Bear Blvd Big Bear Lake, CA 92315
Entity Owned
~
Est. High Equity
Property ID
US10-0973476
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
WOOD FRAME
Total area
10,764 SF
Lot
0.92 ac (40,129 SF)
APN
0309-101-47-0000
UPID
US10-0973476
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
$1.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Little Bear Plaza LLC
Little Bear Plaza LLC
since 2026
Last sale
$2.0M
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,740,000
6.5%
$1,605,000
7%
$1,490,000
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.95M (Feb 4 2026)
Last sale anchor
$1.95M
Feb 4 2026
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
$151 / 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
$29,730
Tax year 2023
Assessed value
$1,898,275
Assessed 2024
Previous assessed
$1,861,054
+2.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$506,207
Assessed improvement
$1,392,068
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
NONE
Units
7
Total area
10,764 SF
Lot
0.92 ac (40,129 SF)
APN
0309-101-47-0000
UPID
US10-0973476
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
1979
Construction
WOOD FRAME
Heating
NONE
Units
7
Lot
0.92 ac
Current owner
From public records · entity-resolved
Little Bear Plaza LLC
Entity
Mailing address
601 E GLENOAKS BLVD STE #206, GLENDALE, CA 91207-1765
Ownership since
2026
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
Feb 4, 2026
$1,950,000
Little Bear Plaza LLC
Julie Ann Melville
Grant Deed
$1,268,000 · Hanmi Bank
Feb 4, 2026
—
Julie Ann Melville
Roger Enrique Lopezenrique Lopez
Quitclaim Deed
related
—
Aug 29, 2025
—
Julie Ann Melville
—
Deed
related
$2,900,000 · Secured Income Fund II LLC
Mar 16, 2017
—
Julie Ann Melville
Roger Enrique Lopez
Intrafamily Transfer
related
$750,000 · American First Cu
May 2, 2011
$818,500
Julie A Melville
Melville Family LP
Grant Deed
—
Jan 7, 2010
$1,500,000
Melville Family LP
Marcella Family Trust
Grant Deed
$685,231 · Sandoval Living Trust (rt)
Mar 19, 2007
—
Michael J Marcella
Marcella,michael J & Joan M
Quit Claim Deed
related
—
May 7, 2004
$1,760,000
Michael Marcella
Sandoval,tr
Grant Deed
$910,000 · Sandoval Trust
Apr 6, 2004
—
Sandoval,tr
Sandoval,tr
Quit Claim Deed
related
—
Oct 13, 1989
$925,000
Lais Andreas J &
Commonwealth Ser
Trustees Deed
$690,000 · Great Northern Mortgage
Oct 13, 1989
—
Commonwealth Ser
Little Bear Plaz
Trustees Deed
related
—
—
—
Melville Family LP
—
Deed Of Trust
related
$45,000 · Cash Family Trust
—
—
Sandoval Trust
—
Deed Of Trust
related
$700,000 · Stancorp Mortgage Investors
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 40953 Big Bear Blvd?
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.
