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Property profile & analytics
OFF-MARKET
Estimated value
$2,620,000
Apartment buildings
1601 Broadway St Concord, CA 94520-2651
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2891071
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1991
Total area
50,324 SF
Lot
0.69 ac (29,969 SF)
Zoning code
DB
APN
126-042-045-8
UPID
US09-2891071
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
-
Swift Lift Movers Moving Company Storage Facility
-
Broadway Towers Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$2.62M
Owner & transaction history
Mclp LLC · 1 yrs held
Mclp LLC
since 2025
7 recorded transactions
Zoning & alternative use
DB · Concord, CA
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 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
$2,455,000
ML approach
$2,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.62M
Range $2.36M – $2.88M · ±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
$52 / 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
$229,106
Tax year 2024
Assessed value
$15,276,438
Assessed 2024
Previous assessed
$15,276,438
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$7,115,529
Assessed improvement
$8,160,909
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
1991
Heating
NONE
Stories
1
Units
72
Rooms
72
Total area
50,324 SF
Lot
0.69 ac (29,969 SF)
Zoning code
DB
APN
126-042-045-8
UPID
US09-2891071
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
DB · Concord, CA
Zoning DB · permitted uses
DB · 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.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Units
72
Rooms
72
Lot
0.69 ac
Current owner
From public records · entity-resolved
Mclp LLC
Entity
Mailing address
1500 E HAMILTON AVE STE #210, CAMPBELL, CA 95008-0835
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Mclp LLC
Lorenzo Exit LLC
Grant Deed
—
May 23, 2022
$886,500
Loarenzo Exit LLC
State Road Holdings LLC
Grant Deed
—
May 23, 2022
$2,343,000
Lorenzo Exit LLC
Spring River Associates LLC
Grant Deed
—
May 23, 2022
$888,500
Lorenzo Exit LLC
Spring River Associates LLC
Grant Deed
—
May 23, 2022
$2,345,000
Lorenzo Exit LLC
State Road Holdings LLC
Grant Deed
—
Jan 5, 2022
—
Spring River Associates LLC
Maas Crestview Limited Partners
Grant Deed
—
Aug 31, 2021
—
Maas Crestview Limited Partners
—
Deed
related
$10,000,000 · Tiaa Fsb Holdings INC
Nov 13, 1997
$5,400,000
Maas Crestview LP
Amwin Holdings
Grant Deed
—
Feb 2, 1994
$1,035,000
Amwin,holdings
Winona Propertie
Trustees Deed
related
—
Feb 2, 1994
$2,415,000
Amwin,holdings
Counini,anthony
Trustees Deed
related
$3,450,000 · Bay View Federal Bank
Nov 4, 1991
$4,770,000
Anthony E Counini
Unknown
Grant Deed
—
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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