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Property profile & analytics
OFF-MARKET
Estimated value
$45,635,000
Apartment buildings
125 Near Ct Walnut Creek, CA 94596-5674
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2535966
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Total area
127,192 SF
Lot
3.54 ac (154,072 SF)
APN
183-310-022-3
UPID
US09-2535966
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
$31.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$45.64M
Owner & transaction history
Arvid I Elbeck · 4 yrs held
Arvid I Elbeck
since 2022
Last sale
$62.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$64.8M
+0.7%
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 Walnut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walnut Creek 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
$57,750,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$33,700,000
6.5%
$31,105,000
7%
$28,885,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$64,315,000
Current use
RETAIL STORES
$64,770,000
Change: +1% · Conversion: Difficult
RESTAURANT
$55,620,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$55,070,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$45.64M
Range $41.07M – $50.20M · ±10% · vs last sale $62.50M (Oct 22 2021)
Last sale anchor
$62.50M
Oct 22 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
$359 / 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
$712,205
Tax year 2024
Assessed value
$56,441,700
Assessed 2024
Previous assessed
$56,441,700
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$28,220,850
Assessed improvement
$28,220,850
Applied tax rate
9.0000
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
1984
Heating
NONE
Buildings
6
Stories
1
Units
132
Rooms
132
Total area
127,192 SF
Lot
3.54 ac (154,072 SF)
APN
183-310-022-3
UPID
US09-2535966
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
$64.3M
RETAIL STORES
Est. value
$64.8M
RESTAURANT
Est. value
$55.6M
OFFICE BUILDING
Est. value
$55.1M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
1984
Heating
NONE
Stories
1
Buildings
6
Units
132
Rooms
132
Lot
3.54 ac
Current owner
From public records · entity-resolved
Arvid I Elbeck
Individual
Free & Clear · 4 yrs held
Mailing address
600 MONTGOMERY ST STE #1700, SAN FRANCISCO, CA 94111-2719
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
—
Arvid I Elbeck
Arvid I Elbeck
Deed
related
—
Oct 22, 2021
$62,500,000
Prime Bridge Creek LLC
Dp Bridge Wc LP
Grant Deed
—
Nov 10, 2020
—
Elbeck,einer Trust
Einer Elbeck
Quitclaim Deed
related
—
Oct 1, 2019
—
Dp Bridge Wc LP
Ontario Mountain Associates LP
Grant Deed
$38,467,000 · Wells Fargo Bank NA
Apr 16, 2015
$5,635,500
Ontario Mountain Associates LP
Decron Creekside Glen Investor
Grant Deed
—
Jan 21, 2015
$39,000,000
Ontario Mountain Associates LP
Creekside Glen Apartments LLC
Grant Deed
$32,125,000 · Wells Fargo Bank NA
Dec 22, 2009
—
Baap Near LLC
—
Deed Of Trust
related
$19,403,094 · Wachovia Cre Cdo 2006-1 Ltd
Oct 13, 2009
—
Baap Near LLC
—
Deed Of Trust
related
$20,043,477 · Wachovia Cre Cdo 2006-1 Ltd
Sep 11, 2009
—
Baap Near LLC
—
Deed Of Trust
related
$20,043,477 · Wachovia Cre Cdo 2006-1 Ltd
Aug 31, 2006
—
Friedkin Properties Co
Friedkin-becker Western
Quit Claim Deed
$20,043,477 · Wachovia Bank NA
Nov 15, 2001
—
General Western Creekside Co
—
Deed Of Trust
related
$11,030,000 · Allfirst Mortgage Corp
Aug 4, 1997
—
General Western Creekside Co
—
Deed Of Trust
related
$6,700,000 · St Paul Fsb
Dec 31, 1973
—
General Western Creeksideco Trust
—
Grant Deed
related
—
—
—
General Western
—
Deed Of Trust
related
$584,000 · Friedkin Becker
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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