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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Residential income homes
1028 Sunnyside Ave Clovis, CA 93611-2082
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3216804
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1998
Construction
WOOD
Total area
3,562 SF
Lot
0.22 ac (9,765 SF)
Zoning code
R3
APN
498-110-40
UPID
US09-3216804
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
$655k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$690k
Owner & transaction history
Sk&fa LLC · 4 yrs held
Sk&fa LLC
since 2021
Last sale
$735,000
7 recorded transactions
Zoning & alternative use
R3 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+128.8%
Retail stores
$905,000
+86.9%
Medical building
$695,000
+43.2%
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 Clovis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clovis 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
$675,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$485,000
Current use
COMMERCIAL (GENERAL)
$1,110,000
Change: +129% · Conversion: Moderate
RETAIL STORES
$905,000
Change: +87% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$525,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $735k (Mar 26 2025)
Last sale anchor
$735k
Mar 26 2025
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
$194 / 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
$8,297
Tax year 2023
Assessed value
$698,700
Assessed 2023
Previous assessed
$698,700
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$54,060
Assessed improvement
$644,640
Applied tax rate
1.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Units
3
Bathrooms
6
Total area
3,562 SF
Lot
0.22 ac (9,765 SF)
Zoning code
R3
APN
498-110-40
UPID
US09-3216804
Jurisdiction
FRESNO
Zoning & alternative use
R3 · Clovis, CA
Zoning R3 · permitted uses
R3 · Clovis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clovis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$485,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$905,000
MEDICAL BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$525,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1998
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Sk&fa LLC
Entity
Mailing address
366 HIGH SIERRA DR, EXETER, CA 93221-9504
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
—
Sk&fa LLC
Rashid Saqib
Grant Deed
—
Dec 3, 2021
$685,000
Rashid Saqib
Jack M Oberti
Grant Deed
$513,750 · Country Club Mortgage INC
Dec 3, 2021
—
Jack M Oberti
Jack M Oberti
Intrafamily Transfer
related
—
Mar 18, 2011
—
Oberti Family 1980 Trust
Oberti,jack M & Christine A
Quit Claim Deed
related
—
Jan 28, 2011
—
Jack M Oberti
Oberti 1980 Family Trust
Quit Claim Deed
related
$198,100 · Wells Fargo Bank
Jul 31, 2006
—
Oberti Family 1980 Trust
Oberti,jack M & Christine A
Quit Claim Deed
related
—
Apr 7, 2006
—
Jack M Oberti
Oberti Family 1980 Trust
Quit Claim Deed
related
$217,500 · First Magnus Financial Corp
Feb 9, 2005
—
Oberti 1980 Family Trust
Oberti,jack M & Christine A
Quit Claim Deed
related
—
Nov 30, 2004
—
Jack M Oberti
Oberti 1980 Family Trust
Quit Claim Deed
related
$217,000 · American Pacific Funding
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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