New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Apartment buildings
1211 Escobar St Martinez, CA 94553-1208
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3741751
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Construction
WOOD FRAME
Total area
4,561 SF
Lot
0.14 ac (6,270 SF)
APN
373-260-002-2
UPID
US09-3741751
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
$1.39M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.38M
Owner & transaction history
Chandrashekhar Adhav · 4 yrs held
Chandrashekhar Adhav
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+43.2%
Commercial (general)
$1.6M
+37.2%
Office building
$1.6M
+35.5%
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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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
$1,415,000
ML approach
$1,390,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,155,000
Current use
MEDICAL BUILDING
$1,655,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,590,000
Change: +37% · Conversion: Moderate
OFFICE BUILDING
$1,570,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,210,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.35M (Jan 4 2022)
Last sale anchor
$1.35M
Jan 4 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
$19,288
Tax year 2024
Assessed value
$1,404,540
Assessed 2024
Previous assessed
$1,404,540
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$728,280
Assessed improvement
$676,260
Applied tax rate
5.0000
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
1900
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Rooms
6
Bathrooms
3
Total area
4,561 SF
Lot
0.14 ac (6,270 SF)
APN
373-260-002-2
UPID
US09-3741751
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
$1.2M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1900
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Rooms
6
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Chandrashekhar Adhav
Individual
Mailing address
155 LANDSDOWNE LOOP, SAN RAMON, CA 94582-2802
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2022
$1,350,000
Chandrashekhar Adhav
Ajit S Parhar
Grant Deed
$1,012,500 · Umpqua Bank
Jan 10, 2005
$660,000
Ajit S Parhar
Mitchell C 2003 Trust
Grant Deed
$450,000 · Mitchell C 2003 Trust
Sep 18, 2003
—
Mitchell,tr
Mitchell,christopher
Quit Claim Deed
related
—
Jun 20, 2001
—
Chris Mitchell
Gindt,troy
Grant Deed
related
—
Apr 3, 2000
$42,500
Chris Mitchell
Gindt,troy
Grant Deed
related
—
Mar 31, 2000
$90,000
Troy Gindt
Johnson,rickey J
Grant Deed
$215,000 · Seller
Sep 13, 1991
$310,000
Rickey Johnson
Franco,f. Truste
Grant Deed
$245,000 · Individual
Aug 14, 1989
—
Marshal Thompson
Stewart Title Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1211 Escobar St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
