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Property profile & analytics
OFF-MARKET
Estimated value
$6,445,000
Retail space
1600 Shattuck Ave 1010 Berkeley, CA 94709-1634
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-9348448
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1902
Construction
WOOD
Total area
29,204 SF
Lot
0.55 ac (23,875 SF)
APN
58-2173-2-3
UPID
US09-9348448
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
-
Solomon Judith A Physician Medical Clinic
-
Sullivan Molly PHD Physician Medical Clinic
-
Carol Masters-Salnave, LMFT Psychotherapist
-
Crepevine Restaurant
-
Barney's Gourmet Hamburgers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.45M
Owner & transaction history
1600 Shattuck Associates LP · 6 yrs held
1600 Shattuck Associates LP
since 2020
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.7M
+1.5%
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
$7,015,000
ML approach
$6,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$10,555,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,710,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,405,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$6.45M
Range $5.80M – $7.09M · ±10% · vs last sale $6.00M (Jul 2 2020)
Last sale anchor
$6.00M
Jul 2 2020
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
$221 / 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
$164,081
Tax year 2023
Assessed value
$8,891,908
Assessed 2024
Previous assessed
$8,717,599
+2.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$2,606,832
Assessed improvement
$6,285,076
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1902
Construction
WOOD
Heating
NONE
Buildings
3
Stories
2
Units
35
Total area
29,204 SF
Lot
0.55 ac (23,875 SF)
APN
58-2173-2-3
UPID
US09-9348448
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
RETAIL STORES Current
Est. value
$10.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.7M
AUTO REPAIR, GARAGE
Est. value
$9.4M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
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
1902
Construction
WOOD
Heating
NONE
Stories
2
Buildings
3
Units
35
Lot
0.55 ac
Current owner
From public records · entity-resolved
1600 Shattuck Associates LP
Entity
Mailing address
1749 MARTIN LUTHER KING JR WAY, BERKELEY, CA 94709-2139
Ownership since
2020
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
Jul 2, 2020
—
1600 Shattuck Associates LP
1600 Shattuck Associates LP
Intrafamily Transfer
related
$4,100,000 · First Republic Bank
Dec 31, 2003
—
1600 Shattuck Associates
Goldstine,daniel B & Hilary B
Quit Claim Deed
related
—
Apr 26, 2002
$6,000,000
Daniel B Goldstine
Real Estate Recovery Assoc LLC
Grant Deed
$4,200,000 · Golden Gate Bank
Jan 24, 1997
$2,850,000
Pontes Trust
Delaware Medical Building Corp
Trustees Deed
—
Jan 24, 1997
—
Stephan E Strebl
Strebl,zakia
Quit Claim Deed
related
—
Jul 19, 1994
—
Ralf H Stinson
Stinson Trust
Quit Claim Deed
related
—
May 23, 1994
—
Karin M Strebl
Strebl Trust
Quit Claim Deed
related
—
Aug 19, 1993
—
Mary Lee Hills Strebl
Estate Of Leslie
Grant Deed
related
—
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$400,000 · Wells Fargo Bank
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$3,200,000 · Karren Co
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$1,274,507 · Brian Lerch
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$652,052 · Karren Fred L & Beth D Trust
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$1,273,440 · Barbara L Taylor
—
—
Real Estate Recovery Assoc LLC
—
Deed Of Trust
related
$3,200,000 · Union Bank Of California
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$1,000,000 · Karren Co
—
—
Real Estate Recovery Assoc LLC
—
Deed Of Trust
related
—
—
—
1600 Shattuck Associates
—
Deed Of Trust
related
$4,200,000 · Wells Fargo Bank
—
—
Real Estate Recovery Assoc
—
Deed Of Trust
related
$2,800,000 · Wells Fargo 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.
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