Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    130 Fillmore St Coalinga, CA 93210-1550

    • Apartment buildings
    • 5,808 SF
    • 0.23 lot acres
    OFF-MARKET
    Last Sale
    Aug 18, 2022
    $600,000
    Value Estimations
    $645,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-2512028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Melinda Apartments / Apartment Building

    Property Details for 130 Fillmore St

    Year built
    1962
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    5,808 SF
    Zone code
    R3
    Property type
    Apartment buildings
    APN
    071-122-09
    APU
    7112209

    Description

    This exceptional 8-unit apartment building in Coalinga, CA, presents a compelling investment opportunity. Located at 130 N Fillmore St, 93210, this single-story, 5,808 square foot property boasts 100% occupancy and underwent a complete renovation in 2023. The building, constructed in 1962, features six updated 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Recent improvements include new bathrooms, flooring, kitchens, and appliances in the larger units, along with new AC units, exterior paint, upgraded windows, and a modern coin-operated laundry facility. Each unit includes a carport and storage. The property is conveniently situated within walking distance of schools and local shopping, ensuring high demand and consistent rental income. Six 2-bedroom, 1-bathroom units currently rent for $1200 per month, while the 1-bedroom, 1-bathroom units rent for $775 and $800 per month respectively. The property is zoned residential and offers a strong return on investment, making it an ideal acquisition for 1031 exchange purposes. The asking price is $1,250,000, or $156,250 per unit, with a price per square foot of $215.22. The Fresno County property (APN: 071-122-09) represents a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $660,000
      ML approach
      $645,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $691,000
      Market price range: $487k - $691k
      AI Estimate
      $683,000
      Market price range: $353k - $719k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $600,000
      Current use
      OFFICE BUILDING
      $985,000
      Change: +65% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $855,000
      Change: +43% Conversion: Difficult
      RETAIL STORES
      $625,000
      Change: +5% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $620,000
      Change: +3% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coalinga
    County
    Fresno
    State
    California
    Longitude
    -120.36
    Latitude
    36.1442
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,533
    $75,000
    $525,000
    $600,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,495,000
      66,338 SF

      300 Juniper Rdg Blvd

      APARTMENT HOUSE (5+ UNITS) • 66,338 SF
      300 Juniper Rdg Blvd, Coalinga, CA 93210-9268
      View Details
    • Value Estimation by Request
      6,240 SF

      255 Washington St, Unit 101

      APARTMENT HOUSE (5+ UNITS) • 6,240 SF
      255 Washington St, Coalinga, CA 93210-1645
      View Details
    • Value Estimation
      $3,665,000
      35,863 SF

      500 Pacific St

      APARTMENT HOUSE (5+ UNITS) • 35,863 SF
      500 Pacific St, Coalinga, CA 93210-2365
      View Details
    • Value Estimation
      $7,900,000
      87,159 SF

      250 Truman St

      APARTMENT HOUSE (100+ UNITS) • 87,159 SF
      250 Truman St, Coalinga, CA 93210-3117
      View Details
    • Value Estimation
      $2,730,000
      30,208 SF

      654 Lucille Ave

      APARTMENT HOUSE (5+ UNITS) • 30,208 SF
      654 Lucille Ave, Coalinga, CA 93210-2534
      View Details
    • Value Estimation
      $730,000
      12,416 SF

      315 Polk St

      APARTMENT HOUSE (5+ UNITS) • 12,416 SF
      315 Polk St, Coalinga, CA 93210-2375
      View Details

    Similar Nearby for Sale

    • $2,000,000

      Coalinga Land: 152 Acres

      Prime Coalinga acreage, excellent location.
      0 36.135624 -120.342626, Coalinga, CA 93210
      View Details
    • $11,701,960
      369.74 Acres

      Prime Coalinga Pistachio Orchard

      369 Acres Mature Pistachios, CA
      0 Jayne Ave, Coalinga, CA 93210
      View Details
    • $520,000
      80.00 Acres

      Prime Coalinga Agricultural Land

      80 Acres, $520,000 - Irrigated
      21961 Jayne Ave, Coalinga, CA 93210
      View Details
    • $325,000
      2,160 SF

      Remodeled Office Building For Sale

      Remodeled 2,160 SF building suitable for office or care facility.
      450 N 3Rd St, Coalinga, CA 93210
      View Details
    • $11,995,000
      76,650 SF

      Claremont Custody Center - Coalinga

      76,650 SF detention facility on 21.2 acres for sale.
      185 W Gale Ave, Coalinga, CA 93210
      View Details
    • $225,000
      9.77 Acres

      9.77 Acres in Coalinga, CA

      9.77 acres of agricultural land near Coalinga, California.
      W Jayne Ave, Coalinga, CA 93210
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,700 SF

      Retail Space in Coalinga Center

      Retail space available in grocery and drug store anchored center.
      139-203 Polk St, Coalinga, CA 93210
      View Details
    • $12 SF/Yr
      94,710 SF

      Coalinga Retail Center Opportunity

      Prime Retail Space Available in Coalinga, CA
      25 Polk St, Coalinga, CA 93210
      View Details
    • Contact for pricing
      160,583 SF

      Coalinga Retail Center - 3 Spaces

      Prime Coalinga retail space, multiple units available.
      25 Polk St, Coalinga, CA 93210
      View Details
    • $2,000 /Mo
      1,700 SF

      Functional Office Space Available

      Professional office space for lease with functional layout.
      192 E Elm Ave, Coalinga, CA 93210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    130 Fillmore St
    Coalinga, CA 93210-1550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.