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Property profile & analytics
OFF-MARKET
Estimated value
$4,550,000
Apartment buildings
5098 3rd Ave San Bernardino, CA 92407-3026
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1550989
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD FRAME
Total area
12,936 SF
Lot
0.87 ac (37,719 SF)
APN
0265-111-18-0000
UPID
US10-1550989
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
$6.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.42M
Blend (final)
Blend
$4.55M
Owner & transaction history
Susan A Doan · 4 yrs held
Susan A Doan
since 2021
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.6M
+117.3%
Restaurant
$5.3M
+104.2%
Commercial (general)
$3.9M
+50.5%
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
$6,130,000
ML approach
$6,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,625,000
Change: +117% · Conversion: Moderate
RESTAURANT
$5,285,000
Change: +104% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,895,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$3,745,000
Change: +45% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,480,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$4.55M
Range $4.10M – $5.01M · ±10% · vs last sale $4.58M (Sep 10 2021)
Last sale anchor
$4.58M
Sep 10 2021
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
$352 / 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
$28,970
Tax year 2023
Assessed value
$2,379,915
Assessed 2024
Previous assessed
$2,333,250
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$312,120
Assessed improvement
$2,067,795
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
1985
Construction
WOOD FRAME
Heating
NONE
Units
12
Total area
12,936 SF
Lot
0.87 ac (37,719 SF)
APN
0265-111-18-0000
UPID
US10-1550989
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
$5.6M
RESTAURANT
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
WOOD FRAME
Heating
NONE
Units
12
Lot
0.87 ac
Current owner
From public records · entity-resolved
Susan A Doan
Individual
Mailing address
25422 TRABUCO RD STE #105, LAKE FOREST, CA 92630-2796
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$4,575,000
Susan A Doan
Kristy X Lee
Grant Deed
$3,455,000 · Velocity Commercial Capital LLC
Oct 3, 2018
—
Kristy X Lee
Lee,kristy X
Quit Claim Deed
—
Sep 16, 2016
—
Wishfield Apartment LLC
—
Deed
related
$400,000 · First Bk
May 11, 2015
—
Wishfield Apartment LLC
Lee Kristy X
Quit Claim Deed
—
May 29, 2014
—
Kristy X Lee
Ng,sammy
Quit Claim Deed
related
$74,500 · Rosa X X Lee
May 29, 2014
$1,450,000
Kristy X Lee
Lee,rosa X X
Grant Deed
related
—
May 9, 2014
—
Kristy X Lee
Wishfield Apartment LLC
Quit Claim Deed
related
—
Jun 17, 2010
—
Rosa X X Lee
Zhu,jing Y
Quit Claim Deed
—
Jan 15, 2008
—
Kristy Xinli Lee
Robert W Bolster JR
Grant Deed
$1,600,000 · Cathay Bank
Mar 30, 2000
$570,000
Hector Nevarez
Fnb Real Estates Corp
Grant Deed
$841,202 · California Community Reinvest
Oct 31, 1989
$282,000
Pacific Financia
Doan Thien T
Trustees Deed
related
—
—
—
Lee,kristy X
—
Deed Of Trust
related
$600,000 · First Bk
—
—
Wishfield Apartment LLC
—
Deed Of Trust
related
$1,400,000 · First Bank
—
—
Wishfield Apartment LLC
—
Deed Of Trust
related
$400,000 · First Bk
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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