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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Office buildings
10837 San Pablo Ave El Cerrito, CA 94530-2320
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-2007229
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
7,173 SF
Lot
0.22 ac (9,396 SF)
Zoning code
C2CD
APN
508-332-015-9
UPID
US09-2007229
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
$1.46M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.51M
Owner & transaction history
Bankston LLC · 9 yrs held
Bankston LLC
since 2017
7 recorded transactions
Zoning & alternative use
C2CD · El Cerrito, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+14.3%
Apartment house (5+ units)
$1.9M
+9.3%
Auto repair, garage
$1.9M
+4.4%
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 El Cerrito submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cerrito 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%
$1,580,000
6.5%
$1,460,000
7%
$1,355,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,775,000
Current use
COMMERCIAL (GENERAL)
$2,030,000
Change: +14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,940,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,850,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±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
$210 / 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
$33,455
Tax year 2024
Assessed value
$2,218,763
Assessed 2024
Previous assessed
$2,218,763
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$910,262
Assessed improvement
$1,308,501
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Units
1
Rooms
9
Total area
7,173 SF
Lot
0.22 ac (9,396 SF)
Zoning code
C2CD
APN
508-332-015-9
UPID
US09-2007229
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
C2CD · El Cerrito, CAZoning C2CD · permitted uses
C2CD · El Cerrito, CA
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
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2004
Heating
NONE
Stories
1
Units
1
Rooms
9
Lot
0.22 ac
Current owner
From public records · entity-resolved
Bankston LLC
Entity
Mailing address
10837 SAN PABLO AVE, EL CERRITO, CA 94530-2320
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
—
Bankston LLC
—
Deed
related
$1,525,000 · Heritage Bank Of Commerce
Sep 30, 2021
—
Bankston LLC
—
Deed
related
$310,000 · Heritage Bank Of Commerce
Jan 9, 2018
—
Bankston LLC
—
Deed
related
$861,000 · Bay Area Employment Dev
Jun 30, 2017
$1,950,000
Bankston LLC
Vital Properties Portfolio LLC
Grant Deed
$1,050,000 · Heritage Bk/commerce
Jan 31, 2017
—
Vital Properties Portfolio LLC
—
Deed
related
—
Jun 10, 2016
—
Vital Properties Portfolio LLC
Vital Properties LLC
Quit Claim Deed
$325,000 · Block Stephen & Dale Trust (pt
Mar 9, 2004
—
Vital Properties LLC
Vital Properties LLC
Quit Claim Deed
related
$1,000,000 · Affinity Bank
Jul 9, 2002
—
Vital Properties LLC
—
Trustees Deed
related
$35,000 · Herzer Financial
Apr 13, 2001
—
Vital Properties LLC
Vitale,aaron D & Janie M
Quit Claim Deed
related
$465,000 · Herzer Financial
Oct 16, 2000
$400,000
Aaron D Vitale
Wu,kun-huan & Ching-hui H
Grant Deed
$260,000 · Faith LLC
May 12, 1988
$750,000
Kun Wu
San P
Grant Deed
$250,000 · Individual
—
—
Vital Properties LLC
—
Deed Of Trust
related
$1,000,000 · David & Sharon Herzer
—
—
Vital Building & Ents INC
—
Deed Of Trust
related
$325,000 · Block Stephen & Dale Trust (pt
—
—
Vital Properties LLC
—
Deed Of Trust
related
$175,000 · Herzer Financial
—
—
Vital Properties Portfolio LLC
—
Loan Modification
related
—
—
—
Bankston LLC
—
Deed Of Trust
related
$861,000 · Bay Area Employment Dev
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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