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Property profile & analytics
OFF-MARKET
Estimated value
$7,975,000
Apartment buildings
541 Flora St Ontario, CA 91762-6908
Entity Owned
4-yr Hold
Property ID
US10-1544579
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
WOOD FRAME
Total area
27,473 SF
Lot
1.17 ac (50,965 SF)
APN
1048-332-05-0000
UPID
US10-1544579
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
$8.09M
CAP Approach
CAP
$5.35M
Comparable Approach
Comparable
$8.98M
Blend (final)
Blend
$7.98M
Owner & transaction history
Flora Apartments LLC · 4 yrs held
Flora Apartments LLC
since 2022
Last sale
$8.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.9M
+100.2%
Commercial (general)
$12.2M
+88.7%
Office building
$11.9M
+85.2%
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
$7,800,000
ML approach
$8,090,000
CAP Approach
CAP Return
Estimation
6%
$5,790,000
6.5%
$5,345,000
7%
$4,965,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,450,000
Current use
RESTAURANT
$12,915,000
Change: +100% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,170,000
Change: +89% · Conversion: Moderate
OFFICE BUILDING
$11,945,000
Change: +85% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$9,635,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,365,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$7,950,000
Change: +23% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,475,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$7.98M
Range $7.18M – $8.77M · ±10% · vs last sale $8.01M (Jun 23 2022)
Last sale anchor
$8.01M
Jun 23 2022
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
$290 / 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
$88,578
Tax year 2023
Assessed value
$8,333,604
Assessed 2024
Previous assessed
$8,170,200
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$2,080,800
Assessed improvement
$6,252,804
Applied tax rate
4.0000
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
1949
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
30
Rooms
4
Bathrooms
1
Total area
27,473 SF
Lot
1.17 ac (50,965 SF)
APN
1048-332-05-0000
UPID
US10-1544579
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.5M
RESTAURANT
Est. value
$12.9M
COMMERCIAL (GENERAL)
Est. value
$12.2M
OFFICE BUILDING
Est. value
$11.9M
INDUSTRIAL (GENERAL)
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$8.0M
WAREHOUSE, STORAGE
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1949
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
30
Rooms
4
Bathrooms
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Flora Apartments LLC
Entity
Mailing address
317 E FOOTHILL BLVD STE #201, ARCADIA, CA 91006-2600
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
$8,010,000
Flora Apartments LLC
Raymond D Martin
Grant Deed
$3,500,000 · Bbcn Bank
Dec 13, 2017
—
Martin Family Trust A
Martin Family Trust
Quit Claim Deed
related
—
Oct 4, 2016
—
Vincent E Martin
Vincent E Martin
Intrafamily Transfer
related
$1,835,000 · Jpmorgan Chase Bank NA
Jul 29, 1992
—
Martin Trust
Martin,vincent E
Quit Claim Deed
related
$980,000 · Home Savings Of America
—
—
Martin,tr
—
Deed Of Trust
related
$1,300,000 · Washington Mutual Fsb
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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