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Property profile & analytics
OFF-MARKET
Apartment buildings
5045 Alta Ave Fresno, CA 93727-4893
Individually Owned
16-yr Hold
Property ID
US10-3224576
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
3,528 SF
Lot
0.4 ac (17,380 SF)
Zoning code
CMX
APN
472-172-07
UPID
US10-3224576
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eric Davis · 16 yrs held
Eric Davis
since 2009
7 recorded transactions
Zoning & alternative use
CMX · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,224
Tax year 2023
Assessed value
$402,996
Assessed 2023
Previous assessed
$402,996
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$49,623
Assessed improvement
$353,373
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
1970
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Units
3
Bathrooms
4
Total area
3,528 SF
Lot
0.4 ac (17,380 SF)
Zoning code
CMX
APN
472-172-07
UPID
US10-3224576
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.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
4
Lot
0.4 ac
Current owner
From public records · entity-resolved
Eric Davis
Individual
Mailing address
3934 E SANTA ANA AVE, FRESNO, CA 93726-0921
Ownership since
2009
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
Nov 24, 2009
$145,000
Eric Davis
Protium Reo I
Grant Deed
—
Oct 13, 2009
$138,000
Reo I Protium
Sutton Fndg LLC
Grant Deed
—
Aug 20, 2009
$137,636
Sutton Fndg LLC
Law Offices Of Les Zieve
Trustees Deed
related
—
Feb 7, 2006
$380,000
Francisco A Delgado SR.
Sidhu,pritpal S
Grant Deed
$303,950 · Greenpoint Mortgage Funding
Oct 1, 2003
—
Thomas B Callen
Callen,kisoon
Quit Claim Deed
related
—
Oct 1, 2003
$195,000
Pritpal S Sidhu
Callen,thomas B
Grant Deed
$175,500 · Homecomings Financial Network
Jan 18, 2001
$128,000
Thomas B Callen
Doernhoeffer,peter C & Anna
Grant Deed
$96,000 · America's Wholesale Lender
Oct 24, 1997
—
Alfred Muehlboeck
All-cal Foreclosure Svcs INC
Grant Deed
related
—
Oct 26, 1995
$21,500
Arcadian Capital Corp
Dirlam Trust
Grant Deed
related
—
May 8, 1995
—
Dirlam Trust
Dirlam,floyd F & Lillian N
Quit Claim Deed
related
—
—
—
Francisco A Delgado SR.
—
Deed Of Trust
related
$363,750 · Countrywide 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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