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Property profile & analytics
OFF-MARKET
Estimated value
$2,545,000
Apartment buildings
1430 Josephine St O7 Berkeley, CA 94703-1167
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-6913153
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
12,288 SF
Lot
0.31 ac (13,500 SF)
APN
59-2273-13-1
UPID
US09-6913153
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
$2.55M
Owner & transaction history
Josephine St Berkeley Ca 1430 · 21 yrs held
Josephine St Berkeley Ca 1430
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.0M
+12.7%
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,510,000
Current use
AUTO REPAIR, GARAGE
$3,955,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.29M – $2.80M · ±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
$207 / 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
$70,957
Tax year 2023
Assessed value
$4,100,065
Assessed 2024
Previous assessed
$4,019,901
+2.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$1,639,752
Assessed improvement
$2,460,313
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
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
1960
Construction
WOOD
Heating
NONE
Buildings
3
Stories
2
Units
19
Rooms
84
Bathrooms
19
Total area
12,288 SF
Lot
0.31 ac (13,500 SF)
APN
59-2273-13-1
UPID
US09-6913153
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
$3.5M
AUTO REPAIR, GARAGE
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1960
Construction
WOOD
Heating
NONE
Stories
2
Buildings
3
Units
19
Rooms
84
Bathrooms
19
Lot
0.31 ac
Current owner
From public records · entity-resolved
Josephine St Berkeley Ca 1430
Individual
Mailing address
2941 TELEGRAPH AVE STE #9, BERKELEY, CA 94705-2017
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
—
1430 Josephine St Berkeley Ca 2004
—
Deed
related
$3,200,000 · Jpmorgan Chase Bank NA
Aug 23, 2016
—
1430 Josephine St Berkeley Cal
—
Deed
related
$3,200,000 · Jp Morgan Chase Bk
Nov 9, 2004
—
Josephine St Berkeley Ca 1430
Chen,william C Y
Grant Deed
$1,825,000 · Commercial Capital Bank Fsb
Sep 15, 1983
—
William C Chen
—
Warranty Deed
related
—
May 6, 1983
$262,000
William C Chen
—
Grant Deed
related
—
—
—
W. Chen
—
Deed Of Trust
related
$450,000 · Home Savings Of America
—
—
Josephine St Berkeley Ca 1430
—
Deed Of Trust
related
$2,100,000 · J P Morgan Chase Bank
—
—
Josephine St Berkeley Cal 1430
—
Deed Of Trust
related
$2,700,000 · Jp Morgan Chase Bank NA
—
—
1430 Josephine St Berkeley Cal
—
Deed Of Trust
related
$3,200,000 · Jp Morgan Chase Bk
—
—
William C Chen
—
Deed Of Trust
related
$600,000 · Washington Mutual Fsb
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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