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Property profile & analytics
OFF-MARKET
Apartment buildings
121 O St Tulare, CA 93274-4232
Trust Owned
11-yr Hold
Free & Clear
Property ID
US09-5768625
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1976
Construction
WOOD
Total area
3,834 SF
Lot
0.17 ac (7,518 SF)
Zoning code
RM-3
APN
176-073-003-000
UPID
US09-5768625
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
Vejar,raymond JR Living Trust · 11 yrs held
Vejar,raymond JR Living Trust
since 2014
6 recorded transactions
Zoning & alternative use
RM-3 · Tulare, CA
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 Tulare submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tulare 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,949
Tax year 2024
Assessed value
$265,601
Assessed 2024
Previous assessed
$265,601
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$60,363
Assessed improvement
$205,238
Applied tax rate
5.0000
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
1976
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
5
Bathrooms
5
Total area
3,834 SF
Lot
0.17 ac (7,518 SF)
Zoning code
RM-3
APN
176-073-003-000
UPID
US09-5768625
Jurisdiction
TULARE
Zoning & alternative use
RM-3 · Tulare, CA
Zoning RM-3 · permitted uses
RM-3 · Tulare, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tulare. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
5
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Vejar,raymond JR Living Trust
Trust
Free & Clear · 11 yrs held
Mailing address
PO BOX 779, TULARE, CA 93275-0779
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2014
—
Vejar,raymond JR Living Trust
Vejar,raymond JR
Quit Claim Deed
related
—
Jan 23, 2013
$220,000
Raymond Vejar JR.
Banner Investments LLC
Grant Deed
$165,000 · Bank Of The Sierra
Oct 25, 2012
—
Banner Investments LLC
Recontrust Co NA
Trustees Deed
related
—
May 20, 2005
$382,500
Alberto Murillo
Olavo Alberto Pacheco
Grant Deed
$270,750 · Americas Wholesale Lender
May 20, 2005
—
Alberto Murillo
Murillo,teresa
Quit Claim Deed
related
—
Dec 31, 1992
$160,000
Olavo A Pacheco
Elliott,douglas
Grant Deed
$127,000 · American Savings Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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