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Property profile & analytics
FOR SALE
Apartment buildings
1348 E San Bruno Ave Fresno, CA 93710
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-2106739
For Sale
1 / 35
$1,850,000
1348 E San Bruno Ave, Fresno, CA 93710
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
11,040 SF
Lot
0.37 ac (16,000 SF)
Zoning code
RM3
APN
418-161-21S
UPID
US10-2106739
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
$1.21M
Owner & transaction history
Stringer & Sefton INC · 9 yrs held
Stringer & Sefton INC
since 2016
7 recorded transactions
Zoning & alternative use
RM3 · Fresno, 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 Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,780,000
Current use
AUTO REPAIR, GARAGE
$1,700,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$1,640,000
Change: -8% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,550,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10%
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
$110 / 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
$13,153
Tax year 2023
Assessed value
$1,010,548
Assessed 2023
Previous assessed
$1,010,548
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$56,889
Assessed improvement
$953,659
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
For Sale
Year built
1966
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
16
Bathrooms
16
Total area
11,040 SF
Lot
0.37 ac (16,000 SF)
Zoning code
RM3
APN
418-161-21S
UPID
US10-2106739
Jurisdiction
FRESNO
Zoning & alternative use
RM3 · Fresno, CA
Zoning RM3 · permitted uses
RM3 · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fresno. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1966
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
16
Bathrooms
16
Lot
0.37 ac
Current owner
From public records · entity-resolved
Stringer & Sefton INC
Entity
Mailing address
2 GREENFAIR CT, BAKERSFIELD, CA 93309-2423
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
—
Stringer & Sefton INC
—
Deed
related
$567,000 · Finance Of America Mortgage LLC
Sep 9, 2016
$899,000
Stringer & Sefton INC
Fuego Properties LLC
Grant Deed
$512,000 · Fresno First Bank
Dec 5, 2013
—
Fuego Properties LLC
Turn-key Properties Fresno INC
Grant Deed
$549,826 · Fresno First Bank
Nov 27, 2012
$380,000
Turn Key Properties Fresno INC
Inmar Investments LLC
Grant Deed
$380,000 · Alfred G & Claudia B Wahlberg
Oct 4, 2007
$850,000
Inmar Investments LLC
Alan & Luz Investors LLC
Grant Deed
$679,000 · Spragg Trust
Oct 4, 2007
—
Alan & Luz Investors LLC
Spragg Trust
Grant Deed
—
Sep 7, 2007
—
Roy A Spragg
Roy A Spragg
Intrafamily Transfer
related
$579,000 · Washington Mutual Bank
Jan 7, 2005
$840,100
Roy A Spragg
Melo,carlos M & Maria C
Grant Deed
—
Oct 23, 2003
$1,158,000
Melo,carlos M & Maria C
Gambril,rick & Teri K
Trustees Deed
related
$46,421 · Rick & Teri K Gambril
Jun 17, 1994
—
Rick Gambril
Web Service Co I
Quit Claim Deed
related
—
Jun 13, 1994
$1,368,000
Rick Gambril
Mcmahon Trust
Grant Deed
$1,343,108 · Seller
—
—
Roy A Spragg
—
Deed Of Trust
related
$550,000 · Imperial Capital Bank
—
—
Fuego Properties LLC
—
Deed Of Trust
related
$70,000 · Wahlberg Trust (rt)
—
—
Carlos M Melo
—
Deed Of Trust
related
$193,502 · Rick & Teri K Gambril
—
—
Teri K Gambril
—
Deed Of Trust
related
$237,000 · Southern Pacific 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.
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