Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,450,000
Apartment buildings
4275 Woodward Ave 101 Fresno, CA 93702-4575
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-3041227
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
36,312 SF
Lot
1.19 ac (51,836 SF)
Zoning code
RM1
APN
471-211-16
UPID
US10-3041227
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
-
Clementine Rodriguez Housing Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$3.45M
Owner & transaction history
Jason Lai · 7 yrs held
Jason Lai
since 2018
7 recorded transactions
Zoning & alternative use
RM1 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+28.0%
Industrial (general)
$5.1M
+16.7%
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
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)
$4,375,000
Current use
AUTO REPAIR, GARAGE
$5,600,000
Change: +28% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,105,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$3.45M
Range $3.11M – $3.80M · ±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
$95 / 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
$25,870
Tax year 2023
Assessed value
$1,979,038
Assessed 2023
Previous assessed
$1,979,038
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$192,996
Assessed improvement
$1,786,042
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
1985
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
34
Bathrooms
68
Total area
36,312 SF
Lot
1.19 ac (51,836 SF)
Zoning code
RM1
APN
471-211-16
UPID
US10-3041227
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
$4.4M
AUTO REPAIR, GARAGE
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1985
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
34
Bathrooms
68
Lot
1.19 ac
Current owner
From public records · entity-resolved
Jason Lai
Individual
Mailing address
10998 E PROMONTORY WAY, CLOVIS, CA 93619-4687
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2018
—
Jason Lai
Liu,tingting
Quit Claim Deed
related
$1,600,000 · Premier Valley Bank
Mar 29, 2018
—
Jason Lai
Bearsfoot Hellebore 1031 LLC
Grant Deed
—
Oct 18, 2017
$1,850,000
Bearsfoot Hellebore 1031 LLC
Creston Developments LLC
Grant Deed
$679,900 · Long Tieng Apts
May 19, 2016
—
Creston Devs LLC
Tau 1031 Exchange LLC
Quit Claim Deed
—
Jul 31, 2015
$2,400,000
Tau 1031 Exchange LLC
Le Family Living Trust
Grant Deed
$1,400,000 · Le Family Living Trust (lt)
Nov 26, 2012
—
Le Family Living Trust
Le Sanh,x
Grant Deed
related
—
Sep 6, 2006
—
Web Service Co INC
Le Sanh,x
Grant Deed
related
—
Nov 29, 2005
$2,200,000
Sanh X Le
Ziegler,marc A
Grant Deed
$1,443,000 · East West Bank
Nov 13, 2003
$1,598,000
Marc A Ziegler
Ichikawa,robert & Susanna
Grant Deed
$1,118,600 · Washington Mutual Fsb
Nov 13, 2003
—
William H Harrigan
Harrigan,loren J
Quit Claim Deed
related
—
Jul 31, 2001
$316,500
Robert Ichikawa
Garza,fred & Lauren
Grant Deed
—
Mar 31, 1994
$725,000
Robert Kolstad
Great Western Ba
Grant Deed
$565,000 · Great Western Bank
Jul 23, 1993
$912,870
Great Western Bank
Nguyen,thieu V &
Trustees Deed
related
—
Jun 19, 1992
$29,000
Chen Y Wang
Tan,larry K
Grant Deed
—
May 7, 1992
$8,000
Larry K Tan
Shih,tricia
Grant Deed
—
May 10, 1990
$105,000
Larry K Tan
Fech INC
Grant Deed
related
—
—
—
Robert Kolstad
—
Deed Of Trust
related
$300,000 · Individual
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 4275 Woodward Ave, Unit 101?
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.
