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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Apartment buildings
2249 Princeton Ave Fresno, CA 93705-3627
Entity Owned
~
Est. High Equity
Property ID
US10-3161990
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
9,721 SF
Lot
0.48 ac (20,790 SF)
Zoning code
RM1
APN
442-162-12
UPID
US10-3161990
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
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$417k
Blend (final)
Blend
$510k
Owner & transaction history
B2b Enterprise LLC
B2b Enterprise LLC
since 2025
7 recorded transactions
Zoning & alternative use
RM1 · 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$52 / 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
$7,216
Tax year 2023
Assessed value
$554,132
Assessed 2023
Previous assessed
$554,132
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$61,566
Assessed improvement
$492,566
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
1962
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
12
Bathrooms
12
Total area
9,721 SF
Lot
0.48 ac (20,790 SF)
Zoning code
RM1
APN
442-162-12
UPID
US10-3161990
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.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
12
Bathrooms
12
Lot
0.48 ac
Current owner
From public records · entity-resolved
B2b Enterprise LLC
Entity
Mailing address
2674 ARMSTRONG AVE, CLOVIS, CA 93611-4188
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
—
B2b Enterprise LLC
B2b Enterprise LLC
Deed
related
$1,000,000 · Enterprise Bank & Trust
Jun 2, 2025
—
B2b Enterprise LLC
Tiffany Le
Grant Deed
$1,000,000 · Enterprise Bank & Trust
Mar 18, 2024
$1,300,000
Tiffany Le
Sbr Empire LLC
Grant Deed
$900,000 · Thien Nguyen
Mar 15, 2024
$1,160,000
Sbr Empire LLC
Michael Hertz
Grant Deed
—
Mar 15, 2024
—
Scott Jacoby
Lyn Jacoby
Intrafamily Transfer
related
—
Aug 20, 2010
$392,000
Michael Hertz
Unionbancal Mortgage Corp
Trustees Deed
related
—
Mar 14, 2006
—
Ayaz Khan
Hussein,sayed Z
Quit Claim Deed
related
$610,000 · Union Bank Of California
May 28, 2004
—
Sayed Z Hussein
Hussein,badrun N
Quit Claim Deed
related
—
May 28, 2004
$650,000
Ayaz Khan
Kubitz,steven S & Shelley L
Grant Deed
$455,000 · Jackson Federal Bank
Mar 28, 2003
$375,000
Steven S Kubitz
Garza,tr
Grant Deed
$280,000 · Service First Bank
Jan 8, 2003
—
Garza,tr
Garza,fred & Lauren A
Quit Claim Deed
related
—
Aug 7, 1991
$134,000
Garza Fred JR.
Cano,robert
Grant Deed
related
$90,000 · Imperial Thrift & Loan
—
—
Fred Garza
—
Deed Of Trust
related
$196,000 · American Savings 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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