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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Apartment buildings
5018 El Monte Way 101 Fresno, CA 93727-4855
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0602991
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
11,984 SF
Lot
0.39 ac (16,800 SF)
Zoning code
CMX
APN
472-161-16
UPID
US09-0602991
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
by Request
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.45M
Owner & transaction history
Vargas Family Trust · 10 yrs held
Vargas Family Trust
since 2015
7 recorded transactions
Zoning & alternative use
CMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+47.6%
Auto repair, garage
$1.9M
+13.2%
Industrial (general)
$1.7M
+3.3%
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%
$2,145,000
6.5%
$1,980,000
7%
$1,840,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,630,000
Current use
MEDICAL BUILDING
$2,410,000
Change: +48% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,850,000
Change: +13% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,685,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$1,360,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±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
$121 / 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
$16,303
Tax year 2023
Assessed value
$1,260,000
Assessed 2023
Previous assessed
$1,260,000
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$80,000
Assessed improvement
$1,180,000
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
1986
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
14
Bathrooms
14
Total area
11,984 SF
Lot
0.39 ac (16,800 SF)
Zoning code
CMX
APN
472-161-16
UPID
US09-0602991
Jurisdiction
FRESNO
Zoning & alternative use
CMX · Fresno, CA
Zoning CMX · permitted uses
CMX · 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
$1.6M
MEDICAL BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
14
Bathrooms
14
Lot
0.39 ac
Current owner
From public records · entity-resolved
Vargas Family Trust
Trust
Mailing address
17951 VIA LA CRESTA, CHINO HILLS, CA 91709-3916
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2015
—
Vargas Family Trust
Roger Vargas Eddy
Intrafamily Transfer
related
$730,000 · Jpmorgan Chase Bank NA
May 3, 2007
—
Vargas Family Trust
Vargas,eddy R & Brenda L
Quit Claim Deed
related
—
Nov 3, 2005
$1,750,000
Eddy R Vargas
Troncao,francisco S & Ana R
Grant Deed
$1,150,000 · United Commercial Bank
Nov 1, 2005
$1,740,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$1,150,000 · United Commercial Bank
Aug 23, 2001
$634,000
Francisco S Troncao
Viettys Enterprises Ltd
Grant Deed
$441,000 · Jackson Federal Bank
Feb 27, 1984
$55,000
Vietty Enterprises|vietty,albert A & Erma Trust
—
Grant Deed
related
—
May 19, 1978
$35,000
—
—
Grant Deed
related
—
—
—
Francisco S Troncao
—
Deed Of Trust
related
$650,000 · Commercial Capital Bank Fsb
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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