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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Apartment buildings
108 9th St Pittsburg, CA 94565
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3096706
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Total area
6,045 SF
Lot
0.29 ac (12,500 SF)
APN
085-225-008-3
UPID
US09-3096706
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
$1.79M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$1.82M
Owner & transaction history
108 W Pittsburg LLC · 4 yrs held
108 W Pittsburg LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+82.2%
Medical building
$2.2M
+51.4%
Commercial (general)
$2.1M
+45.1%
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 Pittsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsburg 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
$1,885,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,480,000
7%
$1,375,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,450,000
Current use
RESTAURANT
$2,645,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$2,195,000
Change: +51% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,105,000
Change: +45% · Conversion: Moderate
OFFICE BUILDING
$2,080,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,605,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $1.80M (Mar 1 2022)
Last sale anchor
$1.80M
Mar 1 2022
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
$301 / 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
$27,286
Tax year 2024
Assessed value
$1,872,720
Assessed 2024
Previous assessed
$1,872,720
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$624,240
Assessed improvement
$1,248,480
Applied tax rate
7.0000
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
1952
Heating
NONE
Buildings
4
Stories
1
Units
11
Rooms
11
Total area
6,045 SF
Lot
0.29 ac (12,500 SF)
APN
085-225-008-3
UPID
US09-3096706
Jurisdiction
CONTRA COSTA
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
$1.5M
RESTAURANT
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
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
1952
Heating
NONE
Stories
1
Buildings
4
Units
11
Rooms
11
Lot
0.29 ac
Current owner
From public records · entity-resolved
108 W Pittsburg LLC
Entity
Mailing address
3135 CLAYTON RD STE #208, CONCORD, CA 94519-2796
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$1,800,000
108 W Pittsburg LLC
Rico Did INC
Grant Deed
$1,350,000 · Mechanics Bank
Jul 18, 2012
$220,000
Rico Dd INC
Medallion Servicing LLC
Trustees Deed
related
$150,000 · Robert Feole
Sep 19, 2008
—
David Bromberger
Rosselli,peter W & Bernadette
Grant Deed
—
Nov 21, 2006
—
Ralph Rangel
Rangel,gina
Quit Claim Deed
related
—
Nov 21, 2006
$550,000
Peter W Rosselli
Berg Grandchildrens Trust I
Grant Deed
$575,000 · Geneva Real Estate Investments
Mar 20, 2002
—
Berg Trust
Berg Trust
Quit Claim Deed
related
—
Jun 26, 1992
—
Berg Trust
Berg,sol D & Eve
Quit Claim Deed
related
—
—
—
Peter W Rosselli
—
Deed Of Trust
related
$75,000 · Geneva Real Estate Investments
—
—
Rico Dd INC
—
Deed Of Trust
related
$210,000 · Health Sciences Institute Foun
Jan 1, 1953
—
—
—
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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