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Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Apartment buildings
565 D St Ontario, CA 91762-3155
Entity Owned
3-yr Hold
Property ID
US10-1550870
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD FRAME
Total area
10,246 SF
Lot
0.31 ac (13,668 SF)
APN
1048-581-09-0000
UPID
US10-1550870
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
$3.17M
CAP Approach
CAP
$2.00M
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$2.85M
Owner & transaction history
Mlmzg 14 LP · 3 yrs held
Mlmzg 14 LP
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+88.7%
Office building
$4.5M
+85.2%
Industrial (general)
$3.6M
+49.4%
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 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
$3,435,000
ML approach
$3,165,000
CAP Approach
CAP Return
Estimation
6%
$2,160,000
6.5%
$1,995,000
7%
$1,850,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,405,000
Current use
COMMERCIAL (GENERAL)
$4,540,000
Change: +89% · Conversion: Moderate
OFFICE BUILDING
$4,455,000
Change: +85% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,590,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,120,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$2,965,000
Change: +23% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,790,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±10% · vs last sale $2.56M (Mar 29 2023)
Last sale anchor
$2.56M
Mar 29 2023
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
$278 / 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
$28,922
Tax year 2023
Assessed value
$2,716,692
Assessed 2024
Previous assessed
$2,663,424
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$424,483
Assessed improvement
$2,292,209
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
1962
Construction
WOOD FRAME
Heating
NONE
Units
14
Total area
10,246 SF
Lot
0.31 ac (13,668 SF)
APN
1048-581-09-0000
UPID
US10-1550870
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
$2.4M
COMMERCIAL (GENERAL)
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS) Current
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
1962
Construction
WOOD FRAME
Heating
NONE
Units
14
Lot
0.31 ac
Current owner
From public records · entity-resolved
Mlmzg 14 LP
Entity
Mailing address
4TH SANTA ANITA AVE2C, EL MONTE, CA 91731
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
Mlmzg 14 LP
—
Deed
related
$34,330,000 · Symetra Life Insurance Co
Mar 29, 2023
—
Mlmzg 14 LP
Golden Opportunity No 14 LP
Intrafamily Transfer
related
$4,288,800 · East West Bank
Nov 24, 2020
$2,560,000
Golden Opportunity No 14 LP
Ref Investment LLC
Grant Deed
$2,560,000 · Western Alliance Bank
Jun 20, 2017
—
Ref Investment LLC
—
Deed
related
$200,000 · Royal Business Bank
Apr 12, 2011
$1,025,000
Ref Investment LLC
Larry Ivancich
Grant Deed
$666,250 · East West Bank
Mar 24, 1999
—
David M Etal Laing
Laing,david Etux
Quit Claim Deed
related
—
Jan 21, 1998
$52,500
David M Laing
Szobonya Trust
Grant Deed
related
—
Apr 19, 1993
—
Karl F Szobonya
Rodi,philip P &
Grant Deed
related
—
Mar 15, 1991
—
Rodi Philip P
Rodi Philip P
Quit Claim Deed
related
—
—
—
Larry Ivancich
—
Deed Of Trust
related
$200,000 · Wassner Family Trust (pt)
—
—
Ref Investment LLC
—
Deed Of Trust
related
$974,000 · Cbre Cap Markets
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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