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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Apartment buildings
1250 56th St Richmond, CA 94804-4857
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0111363
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
5,340 SF
Lot
0.21 ac (9,000 SF)
APN
508-421-023-5
UPID
US09-0111363
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Thomas Sie
Thomas Sie
since 2025
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$133 / 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
$19,955
Tax year 2024
Assessed value
$823,354
Assessed 2024
Previous assessed
$823,354
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$217,305
Assessed improvement
$606,049
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Units
7
Rooms
7
Total area
5,340 SF
Lot
0.21 ac (9,000 SF)
APN
508-421-023-5
UPID
US09-0111363
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
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Units
7
Rooms
7
Lot
0.21 ac
Current owner
From public records · entity-resolved
Thomas Sie
Individual
Mailing address
2443 FILLMORE ST380-4125, SAN FRANCISCO, CA 94115-1814
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jul 24, 2025
$415,000
Thomas Sie
Kitman Chan
Grant Deed
—
Dec 29, 2017
—
Yi Lu
Tan En Y & Lu Yi Trust
Quit Claim Deed
related
—
Jun 20, 2014
—
Tan,en Y Living Trust
Tan,enyew
Quit Claim Deed
related
—
Apr 17, 2014
—
Enyew Tan
Tan,sie K
Quit Claim Deed
related
—
Apr 29, 2013
$682,000
Sie K Tan
Lane,sherry
Grant Deed
—
Mar 2, 2005
$1,100,000
Sherry Lane
Howard,keenan
Grant Deed
$825,000 · United Commercial Bank
Mar 26, 2004
$925,000
Keenan Howard
1250 South 56th LLC
Grant Deed
$655,000 · World Savings Bank
Dec 17, 2002
—
1250 South 56th LLC
Keown,peter
Grant Deed
related
—
Apr 26, 2000
—
Keown Trust
Keown,peter
Quit Claim Deed
related
—
Apr 26, 2000
$375,000
Keown Trust
Christine G Rogers Estate
Trustees Deed
$215,500 · Mechanics Bank
—
—
Christine G Rogers
—
Deed Of Trust
related
$139,134 · Setfirst Alliance Mortgage
—
—
Peter H Keown
—
Deed Of Trust
related
$475,000 · Mechanics Bank
—
—
David Dollarhide
—
Deed Of Trust
related
$8,500 · Budget National Finance Co
—
—
Sherry Lane
—
Deed Of Trust
related
$790,000 · United Commercial Bank
—
—
Sherry Lane
—
Deed Of Trust
related
$200,000 · Lien M Tsung
Jan 20, 1964
—
Christine G Rogers
—
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.
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