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Property profile & analytics
OFF-MARKET
Estimated value
$1,785,000
Apartment buildings
509 Richland St, Upland, CA 91786-6769
Entity Owned
11-yr Hold
Property ID
US10-1550883
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD FRAME
Total area
14,801 SF
Lot
0.49 ac (21,228 SF)
APN
1047-221-03-0000
UPID
US10-1550883
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
Current use
Occupant on record · Public records
-
Macson Contracting Builders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
Richland Arbolada LLC · 11 yrs held
Richland Arbolada LLC
since 2014
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 Upland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upland 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%
$2,185,000
6.5%
$2,015,000
7%
$1,870,000
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±10%
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
$121 / 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
$25,805
Tax year 2023
Assessed value
$2,405,193
Assessed 2024
Previous assessed
$2,358,033
+2.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$232,319
Assessed improvement
$2,172,874
Applied tax rate
8.0000
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
1965
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
16
Total area
14,801 SF
Lot
0.49 ac (21,228 SF)
APN
1047-221-03-0000
UPID
US10-1550883
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
1965
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
16
Lot
0.49 ac
Current owner
From public records · entity-resolved
Richland Arbolada LLC
Entity
Mailing address
2005 VALIANT ST, GLENDORA, CA 91741-3998
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
—
Richland Arbolada LLC
—
Deed
related
$1,740,000 · Jpmorgan Chase Bank NA
Oct 30, 2014
—
Richland Arbolada LLC
Adel A Abrahem
Grant Deed
$1,537,500 · Jpmorgan Chase Bank NA
Jun 24, 2005
—
Kumar Koneru
Koneru,padma
Quit Claim Deed
related
—
Jun 24, 2005
$1,760,000
Adel A Abrahem
Kumar Koneru
Grant Deed
$1,318,230 · United Commercial Bank
Oct 10, 2001
$804,545
Kumar Koneru
Pi Properties #35 LP
Grant Deed
$563,500 · Pff Bank & Trust
Dec 5, 1996
$432,000
Home Savings Of America
Ho,roy P & Katty L
Trustees Deed
related
—
Aug 19, 1994
—
Hampton T Etal Gaskins
First Tr Bk Etal,
Quit Claim Deed
related
—
Sep 1, 1993
$86,179
First Trust Bank Trustee
Ho,roy P & Kathy
Trustees Deed
related
—
Sep 6, 1988
$810,000
Michae Rademaker
Ho Roy P K
Trustees Deed
$670,500 · Cal Professional
Sep 6, 1988
$375,000
Roy P K Ho
Weiss Benjamin J
Trustees Deed
—
Sep 6, 1988
$187,500
Roy P K Ho
Fuller Leslie
Trustees Deed
—
Sep 6, 1988
$1,312,500
Roy P K Ho
Preferred Exchan
Trustees Deed
—
Sep 6, 1988
$562,500
Roy P K Ho
Kennedy David J
Trustees Deed
—
Sep 6, 1988
—
Preferred Exchan
Alexander Harold
Grant Deed
related
—
—
—
Roy P Ho
—
Deed Of Trust
related
$630,000 · Home Savings Of America
—
—
Abrahem Living Trust
—
Loan Modification
related
—
—
—
Roy P Ho
—
Deed Of Trust
related
$75,000 · Hampton Medical
—
—
Roy P K Ho
—
Deed Of Trust
related
$518,400 · Cal Profsssional
—
—
Pi Properties No 35 LP
—
Deed Of Trust
related
$361,130 · Home Savings 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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