Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,695,000
Apartment buildings
949 Vine Ave Ontario, CA 91762-2340
Entity Owned
3-yr Hold
Property ID
US10-1553686
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD FRAME
Total area
28,988 SF
Lot
1.02 ac (44,431 SF)
APN
1048-031-18-0000
UPID
US10-1553686
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
$7.26M
CAP Approach
CAP
$5.64M
Comparable Approach
Comparable
$8.24M
Blend (final)
Blend
$6.70M
Owner & transaction history
Pi Properties No 47 LLC · 3 yrs held
Pi Properties No 47 LLC
since 2023
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$10.2M
+49.4%
Auto repair, garage
$8.8M
+29.7%
Medical building
$8.4M
+23.3%
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
$7,645,000
ML approach
$7,255,000
CAP Approach
CAP Return
Estimation
6%
$6,110,000
6.5%
$5,640,000
7%
$5,240,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,805,000
Current use
INDUSTRIAL (GENERAL)
$10,165,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,825,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$8,385,000
Change: +23% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,885,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$6.70M
Range $6.03M – $7.36M · ±10% · vs last sale $5.70M (Feb 13 2023)
Last sale anchor
$5.70M
Feb 13 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
$231 / 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
$51,841
Tax year 2023
Assessed value
$5,814,000
Assessed 2024
Previous assessed
$4,776,674
+21.7% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,734,000
Assessed improvement
$4,080,000
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
1965
Construction
WOOD FRAME
Heating
NONE
Units
30
Total area
28,988 SF
Lot
1.02 ac (44,431 SF)
APN
1048-031-18-0000
UPID
US10-1553686
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
$6.8M
INDUSTRIAL (GENERAL)
Est. value
$10.2M
AUTO REPAIR, GARAGE
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$8.4M
WAREHOUSE, STORAGE
Est. value
$7.9M
APARTMENT HOUSE (5+ UNITS) Current
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
1965
Construction
WOOD FRAME
Heating
NONE
Units
30
Lot
1.02 ac
Current owner
From public records · entity-resolved
Pi Properties No 47 LLC
Entity
Mailing address
610 N SANTA ANITA AVE, ARCADIA, CA 91006-2722
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
Feb 13, 2023
$5,700,000
Pi Properties No 47 LLC
Yunan C Future INC
Grant Deed
—
Nov 25, 2014
$4,135,000
Yunan C Future INC
Cheng,bi H
Grant Deed
—
Sep 15, 2006
$3,504,000
Chang Z Zou
Tc Of Vine Investments LLC
Grant Deed
$2,277,405 · East West Bank
May 18, 2004
$2,950,000
Tc/vine Investments
Vollucci,barbara
Grant Deed
$2,212,500 · Luther Burbank Savings & Loan
Nov 12, 2003
—
Yandle,tr
Yandle,gerald R
Quit Claim Deed
related
—
Jun 5, 2003
—
Gerald R Yandle
Yandle,leslie F
Quit Claim Deed
related
$1,450,000 · Washington Mutual Fsb
Oct 10, 2000
$1,303,000
Cal State Investment LP
Amcap Vine Associates LP
Grant Deed
related
$1,303,000 · Seller
Jan 4, 2000
$1,145,000
Amcap Vine Assoc LP
Shelter Trust
Grant Deed
$858,750 · Washington Mutual Fsb
Jan 26, 1996
—
T O Etal King
King,t O Etux
Quit Claim Deed
related
—
—
—
Christoper A Yandle
—
Deed Of Trust
related
$1,244,000 · Abn Amro Mortgage Group INC
—
—
Barbara A Vollucci
—
Deed Of Trust
related
$52,000 · Amcap Vine Associates LP
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 949 Vine Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
