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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Apartment buildings
1033 60th St Oakland, CA 94608-2333
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6573837
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
5,868 SF
Lot
0.2 ac (8,800 SF)
APN
15-1339-10-2
UPID
US09-6573837
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$925k
Owner & transaction history
Ravello 18 LLC · 3 yrs held
Ravello 18 LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.5M
+43.8%
Office building
$1.4M
+36.1%
Retail stores
$1.4M
+34.3%
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
APARTMENT HOUSE (5+ UNITS)
$1,040,000
Current use
INDUSTRIAL (GENERAL)
$1,495,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$1,415,000
Change: +36% · Conversion: Moderate
RETAIL STORES
$1,395,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$158 / 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
$23,410
Tax year 2023
Assessed value
$1,347,338
Assessed 2024
Previous assessed
$1,320,924
+2.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$213,207
Assessed improvement
$1,134,131
Applied tax rate
17.0000
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
1966
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
6
Bathrooms
9
Total area
5,868 SF
Lot
0.2 ac (8,800 SF)
APN
15-1339-10-2
UPID
US09-6573837
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
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
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
6
Bathrooms
9
Lot
0.2 ac
Current owner
From public records · entity-resolved
Ravello 18 LLC
Entity
Mailing address
31 MAGDALENA CT, MILL VALLEY, CA 94941-1223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2024
—
Tarslin Investments LLC
—
Deed
related
$1,550,000 · Tiaa Fsb Holdings INC
Sep 27, 2022
—
Ravello 18 LLC
Rns Del Norte LLC
Assignment Of Lease (leasehold Sale)
—
Feb 2, 2022
—
Tarslin Investments LLC
Rns Del Norte LLC
Correction Deed
related
—
Dec 27, 2021
—
Tarslin Investments LLC
Rns Del Norte LLC
Grant Deed
—
Apr 19, 2019
—
Rns Del Norte LLC
—
Deed
related
$1,680,000 · Bank Of Guam
Dec 15, 2017
$1,257,000
Rns Del Norte LLC
Hubert L Washington
Grant Deed
$879,900 · Security Finance Company Market
Apr 10, 2017
—
Washington,hubert L Tr
Vincent Washington
Affidavit Of Death
related
—
Aug 4, 2000
—
Washington Trust
Washington,vincent
Quit Claim Deed
related
—
—
—
Rns Del Norte LLC
—
Deed Of Trust
related
$1,680,000 · Bank Of Guam
—
—
Rns Del Norte LLC
—
Deed Of Trust
related
$1,680,000 · Bank Of Guam
Oct 11, 1965
—
Vincent Washington
—
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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