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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Sports & entertainment properties
15910 14th St San Leandro, CA 94578
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8311266
Property summary
AI-generated overview
This exceptional investment opportunity in San Leandro, CA, presents a permit-ready mixed-use development project at 15910 E 14th St, 94578. Situated on a 30,028 square foot lot (APN 080-0057-016-02), the approved plans encompass a 30-unit apartment building and 5,832 square feet of ground floor retail space. The apartment mix includes 15 three-bedroom units, 9 two-bedroom units, 3 one-bedroom units, and 3 studio units. City approvals are in place, making this a turnkey project ready for immediate construction. The property is offered fee simple, representing a significant opportunity for immediate development and strong rental income potential. This prime location in Alameda County offers excellent access to transportation and amenities. The asking price is $2,300,000. Don't miss this chance to acquire a fully approved mixed-use development in a thriving California market.
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1965
Construction
WOOD
Total area
336 SF
Lot
0.23 ac (9,980 SF)
APN
80-57-16-2
UPID
US09-8311266
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
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
W&r Wedgewood Apartments INC · 5 yrs held
W&r Wedgewood Apartments INC
since 2021
Last sale
$1.3M
3 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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$1,225,000
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.30M (Jul 2 2021)
Last sale anchor
$1.30M
Jul 2 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
$3,884 / 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
$5,801
Tax year 2023
Assessed value
$447,372
Assessed 2024
Previous assessed
$438,600
+2.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$436,968
Assessed improvement
$10,404
Applied tax rate
80.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
336 SF
Lot
0.23 ac (9,980 SF)
APN
80-57-16-2
UPID
US09-8311266
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
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
W&r Wedgewood Apartments INC
Entity
Mailing address
2998 DOUGLAS BLVD STE #125, ROSEVILLE, CA 95661-4228
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
$1,300,000
W&r Wedgewood Apartments INC
John Leo Mori
Grant Deed
$1,550,000 · Community Loans & Investments LLC
Jul 2, 2021
—
John Leo Mori
John Leo Mori
Correction Deed
related
—
Dec 9, 1998
—
Mori Trust
Mori Trust
Quit Claim Deed
related
—
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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