Property summary
This exceptional investment opportunity presents a 32-unit apartment building in Coalinga, CA, boasting a 7.66% cap rate and 100% occupancy. The property, known as Elm Tree Estates, comprises four, two-story buildings totaling 34,000 square feet on a 1.28-acre lot. Built in 1985 and extensively renovated in 2023, the complex features a new roof, gutters, boiler, and HVAC systems, representing a $407,000 investment in upgrades. Exterior paint is also new, and new landscaping is underway. … Each of the 32 units includes refrigerators, ovens/stoves, garbage disposals, and ceiling fans. Bathrooms and kitchens have vinyl or ceramic tile flooring, while living areas feature wall-to-wall carpeting. Community amenities include a large BBQ area with shade and seating, a playground, and a common laundry room equipped with three new washers and dryers. The property benefits from its location off Elm Avenue, approximately four miles from a state prison and state hospital, in a town with a 0% vacancy rate and growing waiting lists. The R-3TWR zoning allows for multifamily use. The asking price is $3,911,677, or $122,239.91 per unit. The property's substantial recent renovations, high occupancy rate, and strong rental income make it an attractive investment. All units are currently under RUBS (Rent Utility Billing System) with no pushback from tenants. The owner has successfully increased rents by 9% annually. The property offers unobstructed hill views on three sides, with single-family homes to the north. The wood-frame buildings have wood siding exteriors and a gabled composition asphalt shingle roof.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
- Location Analytics
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight