New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,040,000
Apartment buildings
13785 Manning Ave, Parlier, CA 93648-9739
Entity Owned
31-yr Hold
Property ID
US09-2468391
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1996
Construction
WOOD
Total area
162,424 SF
Lot
8.67 ac (377,665 SF)
Zoning code
R3
APN
358-390-30
UPID
US09-2468391
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
-
Salandini Villa Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.03M
Blend (final)
Blend
$16.04M
Owner & transaction history
Affordable Housing LP Parlier · 31 yrs held
Affordable Housing LP Parlier
since 1995
7 recorded transactions
Zoning & alternative use
R3 · Parlier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.8M
+15.4%
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 Parlier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parlier 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)
$20,655,000
Current use
AUTO REPAIR, GARAGE
$23,845,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$17,480,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$17,305,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$16.04M
Range $14.44M – $17.64M · ±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
$99 / 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
$15,821
Tax year 2023
Assessed value
$11,263,993
Assessed 2023
Previous assessed
$11,263,993
+0.0% YoY
Effective rate
0.14%
On assessed value
Assessed land
$584,923
Assessed improvement
$10,679,070
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 (100+ UNITS)
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
NONE
Stories
2
Units
148
Bathrooms
3
Total area
162,424 SF
Lot
8.67 ac (377,665 SF)
Zoning code
R3
APN
358-390-30
UPID
US09-2468391
Jurisdiction
FRESNO
Zoning & alternative use
R3 · Parlier, CA
Zoning R3 · permitted uses
R3 · Parlier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parlier. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$20.7M
AUTO REPAIR, GARAGE
Est. value
$23.8M
RETAIL STORES
Est. value
$17.5M
INDUSTRIAL (GENERAL)
Est. value
$17.3M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1996
Construction
WOOD
Heating
NONE
Stories
2
Units
148
Bathrooms
3
Lot
8.67 ac
Current owner
From public records · entity-resolved
Affordable Housing LP Parlier
Entity
Mailing address
PO BOX 62, KEENE, CA 93531-0062
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2022
—
Parlier Affordable Housing LP
—
Deed
related
$7,658,000 · Greystone Servicing Company LLC
May 23, 1995
—
Affordable Housing LP Parlier
Parlier Affordable Housing
Quit Claim Deed
related
$5,711,613 · Midland Mortgage Co
Oct 20, 1994
$250,000
Affordable Housing Parlier
Tiftick,jack & Beverly J
Grant Deed
$215,000 · Seller
Apr 8, 1994
$218,000
Raymond Chun
Tiftick,jack & B
Grant Deed
—
Jun 26, 1981
—
Jack Tiftick
Owner Name Unavailable
Grant Deed
related
—
—
—
Affordable Housing LP Parlier
—
Deed Of Trust
related
$882,190 · National Farm Workers
—
—
Vintagewoods
—
Deed Of Trust
related
$400,000 · National Farm Workers Service
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 13785 Manning Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
