Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Apartment buildings
823 El Monte Way Dinuba, CA 93618-3460
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5931795
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
7,139 SF
Lot
0.28 ac (12,158 SF)
APN
014-031-009-000
UPID
US09-5931795
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
$995k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$995k
Owner & transaction history
Jesus Vargas · 1 yrs held
Jesus Vargas
since 2024
Last sale
$995,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+48.4%
Office building
$1.0M
+3.0%
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 Dinuba submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dinuba 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
$995,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$970,000
Current use
MEDICAL BUILDING
$1,440,000
Change: +48% · Conversion: Moderate
OFFICE BUILDING
$1,000,000
Change: +3% · Conversion: Moderate
RETAIL STORES
$905,000
Change: -7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $995k (Aug 15 2024)
Last sale anchor
$995k
Aug 15 2024
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
$139 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,778
Tax year 2024
Assessed value
$427,070
Assessed 2024
Previous assessed
$427,070
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$56,796
Assessed improvement
$370,274
Applied tax rate
1.0000
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
CENTRAL
Cooling
CENTRAL
Stories
2
Units
7
Bathrooms
7
Total area
7,139 SF
Lot
0.28 ac (12,158 SF)
APN
014-031-009-000
UPID
US09-5931795
Jurisdiction
TULARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$970,000
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$835,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
CENTRAL
Cooling
Yes
Stories
2
Units
7
Bathrooms
7
Lot
0.28 ac
Current owner
From public records · entity-resolved
Jesus Vargas
Individual
Mailing address
445 S MAPLE DR, REEDLEY, CA 93654-2775
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
$995,000
Jesus Vargas
Lawrence Todd Livermore
Grant Deed
—
Jul 8, 2024
—
Arvel Grote
Arvel Grote
Affidavit Of Death Of Joint Tenant
related
—
Nov 10, 2017
—
Livermore Property Trust
Levermore,lawrence T & Tamara G
Quit Claim Deed
related
—
Nov 14, 2014
—
Lawrence T Livermore
Livermore Family Trust
Quit Claim Deed
related
—
Mar 31, 2003
$320,000
Livermore,tr
Caudle,harold W & Mary J
Grant Deed
$236,000 · Arvel & Maxine Grote
Mar 18, 1994
$315,000
Harold W Caudle
Grote,arvel & Ma
Grant Deed
$255,000 · Seller
Dec 28, 1990
$69,000
Arvel Grote
Gostanian,gregor
Grant Deed
related
—
—
—
Livermore Family Trust
—
Deed Of Trust
related
$400,000 · Arvel & Maxine Grote
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 823 El Monte Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
