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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Apartment buildings
2825 Harvard Ave Fresno, CA 93703-1837
Individually Owned
~
Est. High Equity
Property ID
US09-2281018
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Construction
WOOD
Total area
6,602 SF
Lot
0.37 ac (16,200 SF)
Zoning code
RM1
APN
445-204-12
UPID
US09-2281018
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
$790k
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$919k
Blend (final)
Blend
$905k
Owner & transaction history
Senxuan Wang
Senxuan Wang
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
RM1 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+72.6%
Auto repair, garage
$1.0M
+35.4%
Industrial (general)
$930,000
+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
$700,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,165,000
7%
$1,080,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$770,000
Current use
MEDICAL BUILDING
$1,325,000
Change: +73% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,040,000
Change: +35% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$930,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: -10% · Conversion: Moderate
RETAIL STORES
$670,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $1.02M (Jun 11 2025)
Last sale anchor
$1.02M
Jun 11 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
$137 / 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
$8,583
Tax year 2023
Assessed value
$665,856
Assessed 2023
Previous assessed
$665,856
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$78,030
Assessed improvement
$587,826
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
1953
Construction
WOOD
Heating
NONE
Cooling
EVAPORATIVE
Stories
2
Units
9
Bathrooms
9
Total area
6,602 SF
Lot
0.37 ac (16,200 SF)
Zoning code
RM1
APN
445-204-12
UPID
US09-2281018
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
$770,000
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$930,000
OFFICE BUILDING
Est. value
$690,000
RETAIL STORES
Est. value
$670,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
1953
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
9
Bathrooms
9
Lot
0.37 ac
Current owner
From public records · entity-resolved
Senxuan Wang
Individual
Mailing address
PO BOX 219, ELMIRA, CA 95625-0219
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
Sep 11, 2025
$1,020,000
Senxuan Wang
Euric Ramirez
Grant Deed
$742,000 · Bay Commercial Bank
Nov 3, 2020
—
Euric Ramirez
Euric Ramirez
Quit Claim Deed
related
—
Aug 14, 2020
$640,000
Euric Ramirez
Hector Campos
Grant Deed
—
Aug 14, 2020
—
Euric Ramirez
Angela Vaninetti
Quit Claim Deed
related
—
Feb 26, 2018
$400,000
Hector Campos
Jose G Padilla
Grant Deed
—
Apr 15, 2005
$685,000
Jose G Padilla
Stolberg Family Trust
Grant Deed
$110,000 · Lawrence M Stolberg
Jun 1, 1998
—
Stolberg Trust
Stolberg,lawrence M & Martha J
Quit Claim Deed
related
—
Apr 11, 1995
$201,000
Stolberg,lawrence M & Martha J
Stillman & Associates
Trustees Deed
$140,700 · American Savings Bank
Apr 11, 1995
—
Stolberg,lawrence M & Martha J
Stillman & Associates
Trustees Deed
related
—
Oct 15, 1985
$64,700
Lawrence M-trust|stolberg Mar Stolberg
Stillman & Associates
Grant Deed
—
—
—
Jose G Padilla
—
Deed Of Trust
related
$100,000 · Hoerauf Family Living Trust
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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