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Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Assisted living facilities
1525 7th Ave Oakland, CA 94606-2919
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-8130832
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1959
Construction
WOOD
Total area
4,680 SF
Lot
0.17 ac (7,500 SF)
APN
20-176-9
UPID
US09-8130832
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
-
House of Psalms Nursing Home Retirement Community
-
Yongyi Li Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$2.61M
Owner & transaction history
Gilead West Care Services LLC · 3 yrs held
Gilead West Care Services LLC
since 2023
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+44.1%
Medical building
$1.6M
+14.0%
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
$2,400,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,990,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$1,575,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±10% · vs last sale $3.06M (Jun 30 2023)
Last sale anchor
$3.06M
Jun 30 2023
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
$557 / 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
$18,439
Tax year 2023
Assessed value
$3,121,200
Assessed 2024
Previous assessed
$1,157,487
+169.7% YoY
Effective rate
0.59%
On assessed value
Assessed land
$612,000
Assessed improvement
$2,509,200
Applied tax rate
17.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
20
Total area
4,680 SF
Lot
0.17 ac (7,500 SF)
APN
20-176-9
UPID
US09-8130832
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1959
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
20
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gilead West Care Services LLC
Entity
Mailing address
1464 DAIRY DR, MOUNTAIN HOUSE, CA 95391-1459
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
$3,060,000
Gilead West Care Services LLC
Yongyi Li
Grant Deed
$2,766,300 · Mission Valley Bank
Jun 21, 2018
—
Yanling Chen
—
Deed
related
$620,000 · Jpmorgan Chase Bk NA
Jan 20, 2017
—
Yongyi Li
Li,yongyi
Quit Claim Deed
related
—
Jan 20, 2011
—
Yanling Chen
Wong,richard
Quit Claim Deed
related
—
Dec 9, 2010
$940,000
Yanling Chen
Yong H Akaosugi
Grant Deed
$470,000 · Wells Fargo Bank NA
Oct 11, 2007
$750,000
Yong H Akaosugi
Lee,june
Quit Claim Deed
related
—
Jan 15, 2004
$850,000
June Lee
Akaosugi,yong H
Grant Deed
$500,000 · Metropolitan Bank
Aug 20, 1997
—
Inez Morris
Morris,creed E
Quit Claim Deed
related
$120,000 · Allen Trust
May 21, 1992
—
Inez Morris
Lake America Cor
Quit Claim Deed
related
$70,000 · Imperial Thrift & Loan
Dec 1, 1989
$276,000
Panfil Magpantay
Bermudez,r.&l.
Grant Deed
related
—
—
—
Panfil Magpantay
—
Deed Of Trust
related
$75,000 · Law Office Neil
—
—
Yongyi Li
—
Deed Of Trust
related
$445,000 · J P Morgan Chase Bank
—
—
Yong H Akaosugi
—
Deed Of Trust
related
$460,000 · Nara Bank
—
—
Lawrence White
—
Deed Of Trust
related
$20,000 · Prime Group Ltd
—
—
Yanling Chen
—
Loan Modification
related
$620,000 · Jpmorgan Chase Bk NA
—
—
June Lee
—
Deed Of Trust
related
$150,000 · Wells Fargo Bank
—
—
Yongyi Li
—
Deed Of Trust
related
$334,000 · Capital Access Group
—
—
Inez Morris
—
Deed Of Trust
related
$50,000 · 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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