New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Apartment buildings
901 Riverside Dr Madera, CA 93638-2578
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-3274493
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Construction
WOOD
Total area
4,992 SF
Lot
0.28 ac (12,196 SF)
APN
005-011-011-000
UPID
US10-3274493
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
$850k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.00M
Owner & transaction history
Jose And Beatriz Hernandez Living T
Jose And Beatriz Hernandez Living T
since 2026
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+102.4%
Office building
$750,000
+5.0%
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 Madera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madera 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
$1,045,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$725,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$715,000
Current use
COMMERCIAL (GENERAL)
$1,450,000
Change: +102% · Conversion: Moderate
OFFICE BUILDING
$750,000
Change: +5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$710,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.28M (Nov 14 2023)
Last sale anchor
$1.28M
Nov 14 2023
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
$200 / 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
$14,390
Tax year 2024
Assessed value
$1,220,020
Assessed 2024
Previous assessed
$1,220,020
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$120,000
Assessed improvement
$1,100,020
Applied tax rate
2.0000
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
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
24
Rooms
12
Bathrooms
24
Total area
4,992 SF
Lot
0.28 ac (12,196 SF)
APN
005-011-011-000
UPID
US10-3274493
Jurisdiction
MADERA
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
$715,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$710,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
24
Rooms
12
Bathrooms
24
Lot
0.28 ac
Current owner
From public records · entity-resolved
Jose And Beatriz Hernandez Living T
Individual
Mailing address
1180 MARILYN LN, AROMAS, CA 95004-9145
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 3, 2026
—
Jose And Beatriz Hernandez Living T
Jose J Hernandez
Deed
related
—
Feb 2, 2026
—
Jose J Hernandez
Jose And Beatriz Hernandez Living T
Deed
related
$750,000 · Bay FCU
Jul 10, 2025
—
Jose And Beatriz Hernandez Living T
Jose Hernandez
Deed
related
—
Nov 14, 2023
$1,275,000
Jose Hernandez
Rosemary R Anguiano
Grant Deed
$955,000 · Uyemastu Family Trust
Jan 11, 2017
$730,000
Rangel Family Trust
Postigo,robert L & Susan
Grant Deed
—
Nov 24, 2014
—
Robert L Postigo
Postigo,robert L
Quit Claim Deed
related
—
Jul 28, 2014
—
Robert L Postigo
Postigo,susan
Quit Claim Deed
related
—
Oct 24, 2006
—
Robert L Postigo
Positgo,robert L
Grant Deed
related
—
Nov 22, 2005
—
Robert L Postigo
Postigo,susan M
Quit Claim Deed
related
—
Nov 22, 2005
$840,000
Robert L Postigo
Assadourian,john V & Teresa
Grant Deed
$580,000 · South Valley National Bank
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 901 Riverside Dr?
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.
