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Property profile & analytics
FOR SALE
Investment properties
9640 Malpaso Rd Phelan, CA 92371
Individually Owned
1-yr Hold
Free & Clear
Property ID
US10-1600633
For Sale
1 / 7
$329,000
9640 Malpaso Rd, Phelan, CA 92371
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1977
Construction
FRAME
Total area
1,660 SF
Lot
2.07 ac (90,169 SF)
APN
3066-211-31-0000
UPID
US10-1600633
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William Petropoulos · 1 yrs held
William Petropoulos
since 2025
Last sale
$301,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Phelan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phelan 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,450
Tax year 2023
Assessed value
$482,850
Assessed 2024
Previous assessed
$473,382
+2.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$143,263
Assessed improvement
$339,587
Applied tax rate
101.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1977
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
1,660 SF
Lot
2.07 ac (90,169 SF)
APN
3066-211-31-0000
UPID
US10-1600633
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
Building & site characteristics
From public records
Year built
1977
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
William Petropoulos
Individual
Free & Clear · 1 yrs held
Mailing address
9640 MALPASO RD, PHELAN, CA 92371-8940
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
$301,500
William Petropoulos
Amwest Funding Corp
Grant Deed
—
Jun 9, 2025
—
William Petropoulos
Schelli M Petroprulos
Deed
related
—
Mar 20, 2025
$379,764
Amwest Funding Corp
Karen Hovhannisyan Mish
Trust Deed
related
—
Jun 21, 2021
$455,000
Karen Hovhannisyan Mish
Insook Rim
Grant Deed
$341,250 · Pmac Lending Services INC
Jun 21, 2021
—
Karen Hovhannisyan Mish
Mayram Mash Martirosyan
Intrafamily Transfer
related
—
May 25, 2018
$175,000
Insook Rim
David J Cho
Grant Deed
—
May 25, 2018
—
Insook Rim
Kenneth Rim
Intrafamily Transfer
related
$140,000 · Mega Capital Funding INC
Apr 8, 2013
—
David J Cho
Cho,sylvia
Quit Claim Deed
related
—
Feb 9, 2012
—
Sylvia Cho
Cho,john
Quit Claim Deed
related
—
Feb 18, 2011
$142,000
John Cho
Berdein Mcmillan
Grant Deed
$113,600 · Just Mortgage INC
Sep 6, 1991
—
Merle A Sheets
—
Deed Of Trust
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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