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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Apartment buildings
7487 Elm St San Bernardino, CA 92410-4286
Entity Owned
1-yr Hold
Property ID
US10-1554222
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Construction
WOOD FRAME
Total area
5,938 SF
Lot
1.11 ac (48,351 SF)
APN
0278-131-41-0000
UPID
US10-1554222
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$805k
Owner & transaction history
Standard Insurance Company · 1 yrs held
Standard Insurance Company
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+0.2%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,190,000
Current use
AUTO REPAIR, GARAGE
$1,190,000
Change: +0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,095,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$136 / 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
$8,568
Tax year 2023
Assessed value
$677,514
Assessed 2024
Previous assessed
$664,229
+2.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$282,788
Assessed improvement
$394,726
Applied tax rate
18.0000
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
1956
Construction
WOOD FRAME
Heating
NONE
Units
8
Total area
5,938 SF
Lot
1.11 ac (48,351 SF)
APN
0278-131-41-0000
UPID
US10-1554222
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
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1956
Construction
WOOD FRAME
Heating
NONE
Units
8
Lot
1.11 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Mailing address
4900 SANTA ANITA AVE STE 2C, EL MONTE, CA 91731-1490
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Standard Insurance Company
Mobile Home Group I LP
Deed
$3,730,000 · Standard Insurance Co
May 10, 2022
—
Mobile Home I LP
—
Deed
related
$3,316,000 · East West Bank
Feb 15, 2019
—
Mobile Home Group I LP
Group III Sgv Properties Ltd
Quit Claim Deed
—
Apr 27, 2015
—
Group III Sgv Properties Ltd
Group Xiii Properties LP
Quit Claim Deed
related
$6,164,250 · East West Bk
Nov 9, 2011
$325,000
Jordan Family Trust
Genova Cap INC
Grant Deed
—
Dec 21, 2010
$172,500
Genova Cap INC
Bristol Metro LLC
Grant Deed
$50,000 · Bristol Metro LLC
Oct 27, 2010
$275,000
Bristol Metro LLC
East West Investments INC
Trustees Deed
related
—
Oct 1, 2010
—
P & D Holdings Trust
Ballard,donald L & Peggy A
Quit Claim Deed
related
—
Nov 29, 2004
$680,000
Donald Ballard
Lam,ken
Grant Deed
$510,000 · East West Bank
Jun 17, 2004
$580,000
Ken Lam
Quach,hoa Q & Hon T
Grant Deed
$435,000 · East West Bank
Dec 23, 2003
$350,000
HOA Q Quach
Shidler,tr
Grant Deed
$238,000 · Guaranty Bank California
May 10, 2001
—
Shidler Fmly Tr 1 Etal
Shidler Robin W Etux
Quit Claim Deed
related
—
Dec 23, 1996
—
Robin W Etux Shidler
Landers,mark E
Grant Deed
related
—
Sep 5, 1996
—
Mark E Landers
Landers,leanna
Quit Claim Deed
related
—
Sep 5, 1996
$60,000
Landers,mark E
Shidler,robin W & Sally A
Trustees Deed
related
—
Feb 27, 1996
—
Robin Etux Shidler
Shidler,robin Etal
Quit Claim Deed
related
—
Oct 30, 1995
$85,595
Robin W Shidler
Crimmins,daniel
Trustees Deed
—
—
—
Robin W Shidler
—
Deed Of Trust
related
$103,500 · Life Savings Bank
—
—
Donald Ballard
—
Deed Of Trust
related
$20,000 · Ken Lam
—
—
Daniel Crimmins
—
Deed Of Trust
related
—
—
—
Leon Davis
—
Deed Of Trust
related
$9,000 · Individual
—
—
Daniel Crimmins
—
Deed Of Trust
related
$175,000 · Redlands Savings & Loan
—
—
Donald Ballard
—
Deed Of Trust
related
$44,000 · Wendy Porter
—
—
Donald Ballard
—
Deed Of Trust
related
$80,426 · East West Bank
—
—
Robin Shidler
—
Deed Of Trust
related
$78,650 · Individual
—
—
Robin Shidler
—
Deed Of Trust
related
$50,000 · Individual
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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