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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Apartment buildings
820 Glenn Ave A Fresno, CA 93728-3741
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2906854
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
3,895 SF
Lot
0.16 ac (7,000 SF)
Zoning code
RS5
APN
452-212-19
UPID
US09-2906854
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
$700k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$690k
Owner & transaction history
Tigran Kalajian · 1 yrs held
Tigran Kalajian
since 2024
Last sale
$535,000
7 recorded transactions
Zoning & alternative use
RS5 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$785,000
+39.6%
Auto repair, garage
$600,000
+7.1%
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
$705,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$560,000
Current use
MEDICAL BUILDING
$785,000
Change: +40% · Conversion: Moderate
AUTO REPAIR, GARAGE
$600,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$500,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $535k (Oct 12 2021)
Last sale anchor
$535k
Oct 12 2021
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
$177 / 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
$7,034
Tax year 2023
Assessed value
$545,700
Assessed 2023
Previous assessed
$545,700
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$35,700
Assessed improvement
$510,000
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
1964
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
5
Bathrooms
5
Total area
3,895 SF
Lot
0.16 ac (7,000 SF)
Zoning code
RS5
APN
452-212-19
UPID
US09-2906854
Jurisdiction
FRESNO
Zoning & alternative use
RS5 · Fresno, CA
Zoning RS5 · permitted uses
RS5 · 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
$560,000
MEDICAL BUILDING
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$600,000
OFFICE BUILDING
Est. value
$500,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
5
Bathrooms
5
Lot
0.16 ac
Current owner
From public records · entity-resolved
Tigran Kalajian
Individual
Mailing address
18755 BIG CEDAR DR, SANTA CLARITA, CA 91387-1451
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
Tigran Kalajian
Tigran Kalajian
Intrafamily Transfer
related
$250,000 · Ffb Bank
Oct 12, 2021
$535,000
Tony T Kalajian
Sally Mae Moore
Grant Deed
—
Dec 3, 2020
—
Moore,sally M Family Trust
Sally M Moore
Quit Claim Deed
related
—
May 13, 2016
$350,000
Sally M Moore
Fugman,brett D
Grant Deed
—
Mar 14, 2014
—
Brett D Fugman
Fugman,kim
Quit Claim Deed
related
—
Mar 14, 2014
$245,000
Brett D Fugman
Boyajian Alan 2000 Trust
Grant Deed
$171,500 · Boyajian Alan 2000 Trust (lt)
Aug 10, 2010
—
Lee Kleim
Boyajian,alan B
Affidavit Of Death
related
—
Jul 20, 2000
—
Boyajian Trust
Boyajian,alan
Quit Claim Deed
related
—
Nov 6, 1986
$86,000
Alan Boyajian
Singh,pritham
Grant Deed
—
Oct 14, 1985
$125,000
—
—
Grant Deed
related
—
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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