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Property profile & analytics
OFF-MARKET
Apartment buildings
598 Main St, Porterville, CA 93257-5346
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5794188
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Construction
WOOD
Total area
4,397 SF
Lot
0.66 ac (28,800 SF)
Zoning code
R-3
APN
261-070-006-000
UPID
US09-5794188
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
Witr LLC · 8 yrs held
Witr LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-3 · Porterville, 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 Porterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porterville 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,981
Tax year 2024
Assessed value
$552,181
Assessed 2024
Previous assessed
$552,181
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$167,327
Assessed improvement
$384,854
Applied tax rate
4.0000
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
1930
Construction
WOOD
Heating
NONE
Buildings
6
Units
11
Bathrooms
10
Total area
4,397 SF
Lot
0.66 ac (28,800 SF)
Zoning code
R-3
APN
261-070-006-000
UPID
US09-5794188
Jurisdiction
TULARE
Zoning & alternative use
R-3 · Porterville, CA
Zoning R-3 · permitted uses
R-3 · Porterville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Porterville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Buildings
6
Units
11
Bathrooms
10
Lot
0.66 ac
Current owner
From public records · entity-resolved
Witr LLC
Entity
Free & Clear · 8 yrs held
Mailing address
352 W BEDFORD AVE STE #110, FRESNO, CA 93711-6079
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2018
—
Witr LLC
—
Deed
related
$3,400,000 · Wells Fargo Bank NA
May 23, 2018
$495,000
Witr LLC
Moyes Family Trust
Grant Deed
—
Dec 23, 2013
$360,000
Jason Moyes
Bent Barrel Re Holdings LLC
Grant Deed
$324,000 · Bent Barrel Re Holdings LLC
Jul 31, 2013
—
Bent Barrel Re Holdings LLC
Sanders,michael J & Shannon
Quit Claim Deed
—
Jan 7, 2009
$234,000
Michael J Sanders
Pope,ilse
Grant Deed
—
Jul 26, 2007
—
Ilse Pope
Marten,royal M
Grant Deed
—
Jul 26, 2006
$551,000
Royal M Marten
Pope,ilse
Grant Deed
$220,000 · Steve Sanders
Jul 26, 2006
—
Royal M Marten
Marten,jean C
Quit Claim Deed
related
—
Aug 30, 2005
$450,000
Gene Pope
Sanders,steve
Grant Deed
$250,000 · Steve Sanders
Nov 4, 1999
—
Steve Sanders
Sanders,sandra J
Quit Claim Deed
related
—
Nov 4, 1999
$103,000
Sanders,steve
Franks,dennis C & Marina C
Trustees Deed
$103,000 · Individual
Nov 30, 1994
—
Linda M Mendoza
Franks,dennis C & Marina C
Quit Claim Deed
related
—
—
—
Dennis C Franks
—
Deed Of Trust
related
$12,000 · Beneficial California INC
—
—
Moyes,jason & Melinda|moyes Family Living Trust
—
Deed Of Trust
related
$300,000 · Private 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.
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