Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,665,000
Apartment buildings
2001 Cross Ave Tulare, CA 93274-2462
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-5735591
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
62,008 SF
Lot
4.17 ac (181,645 SF)
Zoning code
R-M-2
APN
171-230-001-000
UPID
US09-5735591
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
-
Oak Valley Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.92M
Comparable Approach
Comparable
$4.75M
Blend (final)
Blend
$6.67M
Owner & transaction history
Oak Valley Tulare LLC · 5 yrs held
Oak Valley Tulare LLC
since 2020
7 recorded transactions
Zoning & alternative use
R-M-2 · Tulare, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.8M
+4.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,580,000
6.5%
$7,920,000
7%
$7,355,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,430,000
Current use
RETAIL STORES
$8,840,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$8,000,000
Change: -5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,235,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$6.67M
Range $6.00M – $7.33M · ±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
$107 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$110,994
Tax year 2024
Assessed value
$9,997,661
Assessed 2024
Previous assessed
$9,997,661
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,282,999
Assessed improvement
$8,714,662
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
1988
Construction
WOOD
Heating
NONE
Stories
2
Units
65
Total area
62,008 SF
Lot
4.17 ac (181,645 SF)
Zoning code
R-M-2
APN
171-230-001-000
UPID
US09-5735591
Jurisdiction
TULARE
Zoning & alternative use
R-M-2 · Tulare, CA
Zoning R-M-2 · permitted uses
R-M-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$8.4M
RETAIL STORES
Est. value
$8.8M
OFFICE BUILDING
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1988
Construction
WOOD
Heating
NONE
Stories
2
Units
65
Lot
4.17 ac
Current owner
From public records · entity-resolved
Oak Valley Tulare LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 22102, SANTA BARBARA, CA 93121-2102
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2020
$15,660,000
Oak Valley Tulare LLC
Tulare Oak Valley LLC
Grant Deed
—
Jul 21, 2017
$10,750,000
Tulare Oak Valley LLC
Als Tulare LP
Trustees Deed
$8,600,000 · Jones Lang Lasalle Multifamily
Jul 21, 2017
—
Tulare Oak Valley
Als Tulare LP
Quit Claim Deed
—
Apr 1, 2005
—
Als Tulare LP
Owner,record
Grant Deed
related
$5,250,000 · Arcs Commercial Mortgage Co LP
Feb 22, 2002
—
Als Tulare LP
Tulare Properties LP
Quit Claim Deed
related
—
Oct 30, 1996
$2,300,000
Tulare Properties LLC
Great Western Bank
Grant Deed
$2,427,000 · Lasalle Northwest Nat'l Bank
Jul 19, 1995
$2,064,615
Great Western Bank
Uhles,ronald B
Trustees Deed
related
—
Feb 18, 1994
$4,500
Chapala Enterprise Partnership
Uhles Trust
Grant Deed
—
Jul 15, 1992
$55,500
Ronald B Uhles
Stanley,damon B
Quit Claim Deed
related
—
—
—
Tulare Properties LP
—
Deed Of Trust
related
$10,000 · Gmac Commercial Mortgage Corp
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 2001 Cross 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.
