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Property profile & analytics
FOR SALE
Apartment buildings
2017 N Winery Ave Fresno, CA 93727
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2980551
For Sale
1 / 9
$4,825,000
2017 N Winery Ave, Fresno, CA 93727
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
24,439 SF
Lot
1.04 ac (45,302 SF)
Zoning code
RM1
APN
494-140-30
UPID
US09-2980551
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
-
Chalet Gardens Apartment Building
-
Moordigian Jr Harry B DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$2.76M
Owner & transaction history
David H Hussain · 1 yrs held
David H Hussain
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
RM1 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+35.4%
Industrial (general)
$3.4M
+20.8%
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 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
$2,440,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,845,000
Current use
AUTO REPAIR, GARAGE
$3,855,000
Change: +35% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,435,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$2,560,000
Change: -10% · Conversion: Moderate
RETAIL STORES
$2,480,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10% · vs last sale $2.87M (May 14 2025)
Last sale anchor
$2.87M
May 14 2025
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
$113 / 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
$37,348
Tax year 2023
Assessed value
$2,918,700
Assessed 2023
Previous assessed
$2,918,700
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$219,300
Assessed improvement
$2,699,400
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
1971
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
26
Bathrooms
28
Total area
24,439 SF
Lot
1.04 ac (45,302 SF)
Zoning code
RM1
APN
494-140-30
UPID
US09-2980551
Jurisdiction
FRESNO
Zoning & alternative use
RM1 · Fresno, CA
Zoning RM1 · permitted uses
RM1 · 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
$2.8M
AUTO REPAIR, GARAGE
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1971
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
26
Bathrooms
28
Lot
1.04 ac
Current owner
From public records · entity-resolved
David H Hussain
Individual
Mailing address
2548 N BUNDY DR, FRESNO, CA 93727-8624
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
—
David H Hussain
David H Hussain
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Jul 11, 2022
—
David H Hussain
—
Deed
related
$825,000 · Mechanics Bank
May 12, 2022
$2,866,500
David H Hussain
David M Johnston
Grant Deed
—
May 12, 2022
—
Steven G Johnson
Susan M Johnston
Intrafamily Transfer
related
—
Apr 9, 2010
—
Johnston Russell E Trust
Johnston,russell E
Quit Claim Deed
related
—
Oct 22, 2008
—
Johnston Family Trust
Johnston James C Trust
Quit Claim Deed
related
—
Oct 20, 2008
—
Johnston Family Trust
Johnston,david M
Quit Claim Deed
related
—
Dec 1, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 14, 1996
—
Johnston Trust
Stewart Title Co Trustee
Quit Claim Deed
related
—
Dec 13, 1995
—
Meta C Stansell
Stansell,harry
Quit Claim Deed
related
—
Dec 13, 1995
$369,500
Johnsto Trust
Stansell,meta C
Trustees Deed
—
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?”
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