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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Investment properties
42666 Falcon Ave Big Bear Lake, CA 92315
Individually Owned
2-yr Hold
Property ID
US10-1599695
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1972
Construction
FRAME
Total area
1,036 SF
Lot
0.16 ac (7,050 SF)
APN
2328-387-11-0000
UPID
US10-1599695
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$558k
Blend (final)
Blend
$610k
Owner & transaction history
Jerome Caldito · 2 yrs held
Jerome Caldito
since 2024
Last sale
$608,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$450,000
+26.4%
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
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$450,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$610k
Range $588k – $637k · vs last sale $608k (Apr 29 2024)
Last sale anchor
$608k
Apr 29 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
$589 / 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
$7,686
Tax year 2023
Assessed value
$632,563
Assessed 2024
Previous assessed
$620,160
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$124,848
Assessed improvement
$507,715
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Stories
2
Rooms
3
Bathrooms
2
Total area
1,036 SF
Lot
0.16 ac (7,050 SF)
APN
2328-387-11-0000
UPID
US10-1599695
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
OFFICE BUILDING
Est. value
$450,000
OFFICE BUILDING
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
1972
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Rooms
3
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jerome Caldito
Individual
Mailing address
3315 LAS LUNAS ST, PASADENA, CA 91107-2045
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
—
Jerome Caldito
Jerome Caldito
Intrafamily Transfer
related
—
Dec 14, 2021
$608,000
Jerome Caldito
Danny C Maresh
Grant Deed
$547,200 · Better Mortgage Corporation
Jun 30, 2017
$275,000
Maresh,danny & Cindy Trust
Nuno-field Blanca Trust
Grant Deed
—
Jul 31, 2012
—
Nuno-field Blanca Trust
Field,bruce
Quit Claim Deed
related
—
Jul 11, 2007
$340,000
Blanca Nuno Field
Vestors Ltd INC
Grant Deed
$268,352 · Sbmc Mortgage
Feb 3, 2003
—
Vestors
Groover,s Etal
Grant Deed
related
—
Jan 11, 2001
$135,000
Steve Groover
Hardy,lon S & Ruth
Grant Deed
$132,914 · First Bank Mortgage
—
—
Lon S Hardy
—
Deed Of Trust
related
$80,091 · Citizens National Mortgage Svc
—
—
Steve Groover
—
Deed Of Trust
related
$135,800 · Downey S & L (wholesale)
—
—
Blanca Nuno-field
—
Deed Of Trust
related
$261,122 · Bank Of America
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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