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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Apartment buildings
1166 Elgin St San Lorenzo, CA 94580-1223
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6754359
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2008
Construction
WOOD
Total area
7,460 SF
Lot
0.39 ac (17,040 SF)
APN
80B-300-21
UPID
US09-6754359
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
$2.46M
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.57M
Owner & transaction history
Abdul Gaphoor · 5 yrs held
Abdul Gaphoor
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+106.5%
Neighborhood: shopping center
$3.2M
+74.3%
Medical building
$3.0M
+62.2%
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 San Lorenzo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Lorenzo 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
$2,480,000
ML approach
$2,460,000
CAP Approach
CAP Return
Estimation
6%
$1,800,000
6.5%
$1,665,000
7%
$1,545,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,820,000
Current use
RESTAURANT
$3,755,000
Change: +106% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,170,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$2,950,000
Change: +62% · Conversion: Moderate
OFFICE BUILDING
$2,530,000
Change: +39% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,400,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$2,115,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,090,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±10% · vs last sale $2.63M (Feb 24 2021)
Last sale anchor
$2.63M
Feb 24 2021
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
$345 / 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
$36,682
Tax year 2023
Assessed value
$2,780,344
Assessed 2024
Previous assessed
$2,725,848
+2.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$902,020
Assessed improvement
$1,878,324
Applied tax rate
80.0000
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
2008
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
5
Rooms
30
Bathrooms
12
Total area
7,460 SF
Lot
0.39 ac (17,040 SF)
APN
80B-300-21
UPID
US09-6754359
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
$1.8M
RESTAURANT
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
2008
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
5
Rooms
30
Bathrooms
12
Lot
0.39 ac
Current owner
From public records · entity-resolved
Abdul Gaphoor
Individual
Mailing address
1631 DAILY CT, SAN LEANDRO, CA 94577-6816
Ownership since
2021
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
Mar 30, 2026
—
Abdul Gaphoor
—
Deed
related
$1,125,000 · Jpmorgan Chase Bank NA
Feb 24, 2021
$2,625,000
Abdul Gaphoor
Nicholas I Dwonch
Grant Deed
$1,100,000 · Bank Of The West
Jun 16, 2006
—
Dwonch N & G Living Trust
—
Trustees Deed
related
$1,952,000 · East West Bank
Jul 25, 1994
—
Dwonch Trust
Dwonch,nicholas
Quit Claim Deed
related
—
May 24, 1994
—
Nicholas I Dwonch
Dwonch Trust
Quit Claim Deed
related
$119,600 · Imperial Credit Industries INC
May 14, 1993
—
Dwonch,trust
Dwonch,nicholas
Quit Claim Deed
related
—
—
—
Dwonch Trust
—
Deed Of Trust
related
$113,400 · World Savings & Loan
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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