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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Apartment buildings
7178 Jackson Ave 101 Fresno, CA 93720-2733
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-2850914
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
31,318 SF
Lot
1.98 ac (86,248 SF)
Zoning code
RM1
APN
404-083-05
UPID
US09-2850914
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
-
Casa Leon Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.42M
Blend (final)
Blend
$2.18M
Owner & transaction history
Gsf Casa Leon Investors LP · 8 yrs held
Gsf Casa Leon Investors LP
since 2018
7 recorded transactions
Zoning & alternative use
RM1 · 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
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
RETAIL STORES
$3,295,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$70 / 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
$29,224
Tax year 2023
Assessed value
$2,374,684
Assessed 2023
Previous assessed
$2,374,684
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$344,170
Assessed improvement
$2,030,514
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
24
Bathrooms
43
Total area
31,318 SF
Lot
1.98 ac (86,248 SF)
Zoning code
RM1
APN
404-083-05
UPID
US09-2850914
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
RETAIL STORES
Est. value
$3.3M
RETAIL STORES
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
24
Bathrooms
43
Lot
1.98 ac
Current owner
From public records · entity-resolved
Gsf Casa Leon Investors LP
Entity
Free & Clear · 8 yrs held
Mailing address
6495 N PALM AVE STE #103, FRESNO, CA 93704-1063
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
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2018
—
Gsf Casa Leon Investors LP
Mughannam A J 2016 Trust
Grant Deed
—
Sep 24, 2015
—
Baladjanian,levon 2015 Trust
Baladjanian,levon
Quit Claim Deed
related
—
Aug 17, 2007
—
Joyce A Whaley
Whaley,dennis E
Quit Claim Deed
related
—
Nov 8, 2005
—
Mark G Sheffield
Sheffield,jordan J
Quit Claim Deed
related
—
Jul 25, 2003
—
Randall,tr
Randall,glenn S & Deanna R
Quit Claim Deed
related
—
Jun 5, 2003
—
Detweiler,tr
Detweiler,anthony L & Fabbian L
Quit Claim Deed
related
—
Sep 26, 2001
—
Easton,tr
Mughannam,albert J
Grant Deed
related
—
May 9, 1997
—
Sheffield Trust
Golden State Financial Group
Grant Deed
related
—
May 26, 1995
$4,000
Glenn S Randall
Detweiler,anthony L & Fabbian L
Grant Deed
related
—
Dec 6, 1994
—
Golden State Financial Corp
Detweiler,anthony L
Grant Deed
related
—
Sep 7, 1994
—
Albert J Mughannam
Detweiler,anthony L & Fabbian L
Grant Deed
related
—
Jun 29, 1994
$45,000
Anthony L Detweiler
Golden State Fin
Grant Deed
related
—
Jun 24, 1994
—
Detweiler,anthony
Golden State Fin
Trustees Deed
related
—
Jun 24, 1994
$6,500
Baladjanian,levon
Golden State Fin
Trustees Deed
related
—
Dec 16, 1993
—
Mughannam Trust
Mughannam,adil A
Quit Claim Deed
related
—
Oct 19, 1993
$9,000
Jordan J Sheffield
Golden State Fin
Grant Deed
related
—
Oct 19, 1993
$30,000
Baladjanian,levon
Golden State Fin
Trustees Deed
related
—
Oct 19, 1993
$18,000
Whaley,dennis E & Joyce A
Golden State Fin
Trustees Deed
related
—
Oct 19, 1993
$9,009
Madison J Sheffield
Golden State Fin
Grant Deed
related
—
Oct 19, 1993
$6,000
James M Cipolla
Golden State Fin
Grant Deed
related
—
Oct 19, 1993
$51,000
Mughannam,adil A & Majida
Golden State Fin
Trustees Deed
related
—
Sep 28, 1993
$1,500,000
Golden State Fin'l Corp
Banakas Trust
Grant Deed
related
$1,100,000 · Home Savings Of America
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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