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Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Apartment buildings
1253 Pacific Ave San Leandro, CA 94577-2546
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8265842
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
6,808 SF
Lot
0.29 ac (12,750 SF)
APN
75-120-10
UPID
US09-8265842
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
$2.26M
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$2.33M
Owner & transaction history
Saidabad77 LLC · 4 yrs held
Saidabad77 LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+72.3%
Neighborhood: shopping center
$2.9M
+45.4%
Medical building
$2.7M
+35.3%
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 Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$2,250,000
ML approach
$2,260,000
CAP Approach
CAP Return
Estimation
6%
$1,645,000
6.5%
$1,515,000
7%
$1,410,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,990,000
Current use
RESTAURANT
$3,425,000
Change: +72% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,890,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$2,690,000
Change: +35% · Conversion: Moderate
OFFICE BUILDING
$2,260,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,250,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,975,000
Change: -1% · Conversion: Moderate
RETAIL STORES
$1,835,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10% · vs last sale $2.65M (Jun 22 2022)
Last sale anchor
$2.65M
Jun 22 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
$342 / 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
$37,796
Tax year 2023
Assessed value
$2,752,898
Assessed 2024
Previous assessed
$2,698,920
+2.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$894,744
Assessed improvement
$1,858,154
Applied tax rate
10.0000
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
1973
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
8
Rooms
22
Bathrooms
8
Total area
6,808 SF
Lot
0.29 ac (12,750 SF)
APN
75-120-10
UPID
US09-8265842
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
$2.0M
RESTAURANT
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1973
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
8
Rooms
22
Bathrooms
8
Lot
0.29 ac
Current owner
From public records · entity-resolved
Saidabad77 LLC
Entity
Mailing address
1331 STONE CYN CT, PLEASANTON, CA 94588-2888
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
Jun 22, 2022
$2,650,000
Saidabad77 LLC
Tazkat LLC
Grant Deed
$1,400,000 · Jpmorgan Chase Bank NA
May 18, 2016
—
Suzanne E Johnson
Johnson Suzanne E Trust
Quit Claim Deed
—
Jun 17, 2011
—
Johnson Suzanne E Trust
Johnson,suzanne E
Quit Claim Deed
related
—
Jun 10, 2011
—
Suzanne E Johnson
Suzanne E Johnson
Intrafamily Transfer
related
$566,000 · First Fsla Of San Rafael
Jun 1, 2010
—
Johnson Suzanne E Trust
Johnson,suzanne E
Quit Claim Deed
related
—
Aug 31, 2007
$1,145,000
Suzanne E Johnson
Earle Shenk
Grant Deed
$575,000 · First Fsla Of San Rafael
Oct 1, 1999
$640,000
Earle M Shenk
Breilh Trust
Grant Deed
$448,000 · World Savings Bank
—
—
Breilh Edward R Tr
—
Deed Of Trust
related
$10,000 · Individual
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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