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Property profile & analytics
OFF-MARKET
Estimated value
$7,510,000
Apartment buildings
1089 Bluebell Dr Livermore, CA 94551-1331
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6809246
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
89,049 SF
Lot
8.17 ac (355,832 SF)
APN
99-26-5-6
UPID
US09-6809246
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
Current use
Occupant on record · Public records
-
Studio 580 West Marketing & Advertising Photography Service
-
Willowridge Apartment Complex
-
Heritage Park Livermore Apartment Complex
-
Aria Dolce Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.10M
Blend (final)
Blend
$7.51M
Owner & transaction history
James D Mather · 4 yrs held
James D Mather
since 2022
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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
$6,840,000
ML approach
$8,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.51M
Range $6.76M – $8.26M · ±10% · vs last sale $8.00M (May 6 2022)
Last sale anchor
$8.00M
May 6 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
$84 / 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
$243,714
Tax year 2023
Assessed value
$60,461,948
Assessed 2024
Previous assessed
$59,241,032
+2.1% YoY
Effective rate
0.40%
On assessed value
Assessed land
$10,404,000
Assessed improvement
$50,057,948
Applied tax rate
16.0000
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
1988
Construction
WOOD
Heating
NONE
Buildings
18
Stories
2
Units
167
Rooms
541
Bathrooms
169
Total area
89,049 SF
Lot
8.17 ac (355,832 SF)
APN
99-26-5-6
UPID
US09-6809246
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
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Stories
2
Buildings
18
Units
167
Rooms
541
Bathrooms
169
Lot
8.17 ac
Current owner
From public records · entity-resolved
James D Mather
Individual
Mailing address
1901 AVE OF THE STARS STE #395, LOS ANGELES, CA 90067-6058
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$8,000,000
James D Mather
Bridge Housing Corporation
Grant Deed
$38,983,000 · Jll Real Estate Capital LLC
Aug 1, 1986
—
Bay Area Residl Inv & Dev Grp
Owner Name Unavailable
Grant Deed
related
—
Dec 10, 1984
—
Area Residential Investme Bay
—
Grant Deed
related
—
Feb 1, 1978
—
—
—
Grant Deed
related
—
—
—
Shearson Calmark Heritage Park
—
Deed Of Trust
related
$7,585,000 · Security Pacific National Bank
—
—
Heritage Park Calmark II
—
Deed Of Trust
related
$7,570,000 · Housing Authority Livermore
—
—
Heritage Park Calmark II
—
Deed Of Trust
related
$2,661,600 · Red Mortgage Capital INC
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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