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Property profile & analytics
FOR LEASE
Office buildings
1331 N California Blvd Walnut Creek, CA 94596
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2139934
For Lease
1 / 2
Contact for pricing
1331 N California Blvd, Walnut Creek, CA 94596
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
346,768 SF
Lot
3.02 ac (131,551 SF)
APN
178-150-045-7
UPID
US09-2139934
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
Current use
Occupant on record · Public records
-
RBC Wealth Management Branch - Walnut Creek Financial Advisor
-
Alden Amanda C Law Firm
-
Merrill Lynch Financial Advisor Nihn Huang Financial Advisor
-
Morris Marilyn Law Firm
-
Curtin Patricia E Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$102.89M
Comparable Approach
Comparable
$128.38M
Blend (final)
Blend
$138.82M
Owner & transaction history
Sff Pwc LLC · 1 yrs held
Sff Pwc LLC
since 2024
Last sale
$162.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$176.6M
+17.6%
Apartment house (5+ units)
$175.3M
+16.8%
Restaurant
$151.6M
+1.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$111,465,000
6.5%
$102,890,000
7%
$95,540,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$150,140,000
Current use
RETAIL STORES
$176,585,000
Change: +18% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$175,340,000
Change: +17% · Conversion: Easy
RESTAURANT
$151,640,000
Change: +1% · Conversion: Moderate
MEDICAL BUILDING
$125,950,000
Change: -16% · Conversion: Easy
COMMERCIAL (GENERAL)
$120,700,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$138.82M
Range $124.93M – $152.70M · ±10% · vs last sale $162.00M (Jul 22 2024)
Last sale anchor
$162.00M
Jul 22 2024
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
$400 / 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
$881,354
Tax year 2024
Assessed value
$78,335,000
Assessed 2024
Previous assessed
$78,335,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$8,389,600
Assessed improvement
$69,945,400
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Heating
NONE
Buildings
3
Stories
1
Total area
346,768 SF
Lot
3.02 ac (131,551 SF)
APN
178-150-045-7
UPID
US09-2139934
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
OFFICE BUILDING Current
Est. value
$150.1M
RETAIL STORES
Est. value
$176.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$175.3M
RESTAURANT
Est. value
$151.6M
MEDICAL BUILDING
Est. value
$126.0M
COMMERCIAL (GENERAL)
Est. value
$120.7M
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1986
Heating
NONE
Stories
1
Buildings
3
Lot
3.02 ac
Current owner
From public records · entity-resolved
Sff Pwc LLC
Entity
Mailing address
1333 N CALIFORNIA BLVD STE #680, WALNUT CREEK, CA 94596-4504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jan 22, 2025
—
Sff Pwc LLC
—
Deed
related
$97,200,000 · Wells Fargo Bank NA
Oct 22, 2024
$162,000,000
Sff Pwc LLC
Property California Scjlw One Corpo
Grant Deed
—
Aug 15, 2022
—
Clarion Partners LLC
—
Deed
related
$363,192 · Bank Of China
Jun 14, 2017
—
Property California Scjlw One
—
Deed
related
$93,000,000 · Miscellaneous Ins Co
Apr 5, 2012
—
California Scjlw One Property
—
Deed Of Trust
related
$60,000,000 · Massachusetts Mutual Life Ins
Oct 18, 2010
—
Property Ca Scjlw One Corp
—
Deed Of Trust
related
$95,000,000 · Principal Life Insurance Co
Feb 11, 1997
$58,500,000
Property Cali Scjlw One Corp
South Hope Property Co INC
Grant Deed
related
—
Jan 29, 1996
$52,000,000
South Hope Property Company In
1333 North California Blvd
Trustees Deed
—
Jan 2, 1990
—
1333 North Calif
1333 North Calif
Quit Claim Deed
related
$73,000,000 · Nippon Credit Bank
Jan 25, 1988
—
1333 North Calif
1333
Quit Claim Deed
related
—
Feb 19, 1987
$6,000,000
1333 North California Boulevar
Peri,fred E
Grant Deed
—
—
—
Property California Scjlw One
—
Deed Of Trust
related
$93,000,000 · Miscellaneous Ins Co
—
—
Property Ca Scjlw One Corp
—
Deed Of Trust
related
$95,000,000 · Allstate Life Insurance Co
—
—
Property California Scjlw One
—
Deed Of Trust
related
$72,000,000 · Hsbc Bk USA NA
—
—
South Hope Property Co INC
—
Deed Of Trust
related
$41,600,000 · Nippon Credit Bank
—
—
South Hope Property Co INC
—
Deed Of Trust
related
$10,400,000 · Nippon Credit 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.
Try Rey
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