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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Apartment buildings
1327 Milvia St Berkeley, CA 94709-1970
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8359678
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1957
Construction
TILT-UP CONCRETE
Total area
5,304 SF
Lot
0.12 ac (5,400 SF)
APN
60-2453-14
UPID
US09-8359678
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
$1.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Milvia Apartments LLC · 4 yrs held
Milvia Apartments LLC
since 2022
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 Berkeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkeley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,945,000
Current use
RETAIL STORES
$1,915,000
Change: -1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,710,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10%
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
$252 / 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
$35,311
Tax year 2023
Assessed value
$2,078,758
Assessed 2024
Previous assessed
$2,038,005
+2.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$524,768
Assessed improvement
$1,553,990
Applied tax rate
13.0000
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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
10
Rooms
26
Bathrooms
10
Total area
5,304 SF
Lot
0.12 ac (5,400 SF)
APN
60-2453-14
UPID
US09-8359678
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
$1.9M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
10
Rooms
26
Bathrooms
10
Lot
0.12 ac
Current owner
From public records · entity-resolved
Milvia Apartments LLC
Entity
Mailing address
9808 215TH ST SW, EDMONDS, WA 98020-3933
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 25, 2022
—
Milvia Apartments LLC
Eduard Steidi
Grant Deed
$895,000 · Umpqua Bank
Feb 22, 2022
—
Milvia Apartments LLC
Eduard Steidl
Intrafamily Transfer
related
—
Nov 9, 2021
—
Eduard Steidl
Eduard Steidl
Intrafamily Transfer
related
—
Jul 27, 2016
—
Steidl,nina Trust
—
Deed
related
$1,000,000 · Umpqua Bk
Mar 16, 2016
—
Steidl,nina Trust
Milvia Valley LLC
Quit Claim Deed
related
—
Mar 29, 2011
—
Milvia Valley LLC
Steidl Nina Trust
Quit Claim Deed
related
—
Apr 18, 2002
—
Steidl Trust
Steidl,nina
Quit Claim Deed
related
—
Apr 14, 1995
$254,000
Nina L Steidl
Darst Trust
Grant Deed
related
—
Dec 14, 1993
—
James&cynthia,rafton Trust
Rafton,j.&c.
Quit Claim Deed
related
—
Oct 1, 1993
—
James Darst Trustee
Darst,j.&h.
Quit Claim Deed
related
—
Feb 16, 1990
$930,000
James Rafton
The Christ Famil
Grant Deed
$156,000 · World Savings & Loan
—
—
Steidl,nina Trust
—
Deed Of Trust
related
$1,000,000 · Umpqua Bk
—
—
James Rafton
—
Deed Of Trust
related
$295,000 · World Savings & Loan
—
—
Milvia Valley LLC
—
Deed Of Trust
related
$500,000 · Sterling Savings Bank
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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