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Property profile & analytics
OFF-MARKET
Estimated value
$7,040,000
Apartment buildings
1530 Adelaide St 1 Concord, CA 94520-3225
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2525791
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD FRAME
Total area
19,385 SF
Lot
0.92 ac (40,032 SF)
Zoning code
M1
APN
126-250-054-7
UPID
US09-2525791
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
-
Woodhaven Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.90M
CAP Approach
CAP
$4.73M
Comparable Approach
Comparable
$7.54M
Blend (final)
Blend
$7.04M
Owner & transaction history
1530 Adelaide Street LLC · 5 yrs held
1530 Adelaide Street LLC
since 2021
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
M1 · Concord, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.5M
+50.4%
Medical building
$7.0M
+24.9%
Commercial (general)
$6.7M
+19.7%
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 Concord submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Concord 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
$6,560,000
ML approach
$6,900,000
CAP Approach
CAP Return
Estimation
6%
$5,125,000
6.5%
$4,730,000
7%
$4,395,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,635,000
Current use
RESTAURANT
$8,475,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$7,040,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,745,000
Change: +20% · Conversion: Moderate
OFFICE BUILDING
$6,465,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,140,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$4,735,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$7.04M
Range $6.34M – $7.74M · ±10% · vs last sale $7.10M (Apr 27 2021)
Last sale anchor
$7.10M
Apr 27 2021
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
$363 / 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
$109,593
Tax year 2024
Assessed value
$7,559,986
Assessed 2024
Previous assessed
$7,559,986
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$4,112,181
Assessed improvement
$3,447,805
Applied tax rate
2.0000
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
1963
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
WINDOW A/C
Buildings
6
Stories
1
Units
31
Rooms
31
Bathrooms
9
Total area
19,385 SF
Lot
0.92 ac (40,032 SF)
Zoning code
M1
APN
126-250-054-7
UPID
US09-2525791
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Concord, CA
Zoning M1 · permitted uses
M1 · Concord, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Concord. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.6M
RESTAURANT
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$6.7M
OFFICE BUILDING
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$5.1M
RETAIL STORES
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1963
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
6
Units
31
Rooms
31
Bathrooms
9
Lot
0.92 ac
Current owner
From public records · entity-resolved
1530 Adelaide Street LLC
Entity
Mailing address
1256 KEARNY ST, SAN FRANCISCO, CA 94133-4028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Apr 27, 2021
$7,100,000
1530 Adelaide Street LLC
Gs Adelaide Apartments LLC
Grant Deed
$4,615,000 · First Foundation Bank
Jun 22, 2018
$6,230,000
Gs Adelaide Apartments LLC
John Tien On Lau
Grant Deed
$5,500,000 · Oak Valley Community Bank
Jun 22, 2018
—
Owner Name Unavailable
Ching Margaret S Y
Affidavit Of Death
related
—
May 29, 2013
—
Ching,margaret S Y Trust
Ching,margaret S Y
Quit Claim Deed
related
—
Sep 6, 1989
$1,690,000
Margaret T Ching
Rue-anemone Equi
Grant Deed
$500,000 · Bay View Federal Bank
Apr 14, 1988
$244,000
Levin
The F
Grant Deed
—
Apr 1, 1988
$244,000
Levin
The F
Grant Deed
—
May 16, 1986
$1,640,000
Foursquare Fund Ltd
Woodhaven Associates
Grant Deed
related
$1,200,000
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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