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Property profile & analytics
OFF-MARKET Estimated value $645,000
Apartment buildings

130 Fillmore St Coalinga, CA 93210-1550

5,808 SF 0.23 ac lot Built 1962
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US10-2512028
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1962
Construction WOOD
Total area 5,808 SF
Lot 0.23 ac (10,000 SF)
Zoning code R3
APN 071-122-09
UPID US10-2512028
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
Current use
Occupant on record · Public records
  • Melinda Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$691k
Blend (final) Blend
$645k
Owner & transaction history
Luis Alberto Jimenez Osorio · 3 yrs held
Luis Alberto Jimenez Osorio
since 2022
Last sale
$600,000
7 recorded transactions
2022
$600,000
2015
Price N/A
2008
$280,000
2008
$370,000
2005
$625,000
1999
Price N/A
1993
$149,000
Zoning & alternative use
R3 · Coalinga, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $985,000 +64.6%
Auto repair, garage $855,000 +42.6%
Retail stores $625,000 +4.5%
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