Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Retail space
1601 California St Berkeley, CA 94703-1203
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6572158
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Construction
WOOD
Total area
2,786 SF
Lot
0.09 ac (4,080 SF)
APN
58-2155-23
UPID
US09-6572158
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
-
Cedar Market Grocery & Convenience Store Food Market
-
UPS Access Point location Courier Service Postal Service
-
CoinMover Bitcoin ATM Kiosk Crypto Atm
-
Coinsource Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.26M
Owner & transaction history
Arminder Kaur · 1 yrs held
Arminder Kaur
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+48.0%
Office building
$1.3M
+33.5%
Neighborhood: shopping center
$1.2M
+17.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,005,000
Current use
MEDICAL BUILDING
$1,490,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$1,345,000
Change: +34% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,185,000
Change: +18% · Conversion: Moderate
AUTO REPAIR, GARAGE
$895,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.32M (Jun 4 2024)
Last sale anchor
$1.32M
Jun 4 2024
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
$452 / 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
$18,380
Tax year 2023
Assessed value
$1,115,500
Assessed 2024
Previous assessed
$1,093,629
+2.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$725,075
Assessed improvement
$390,425
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
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
1905
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Bathrooms
1
Total area
2,786 SF
Lot
0.09 ac (4,080 SF)
APN
58-2155-23
UPID
US09-6572158
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
$1.0M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$895,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1905
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Arminder Kaur
Individual
Mailing address
1601 CALIFORNIA ST, BERKELEY, CA 94703-1203
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
$1,315,000
Arminder Kaur
Gurpreet Singh
Grant Deed
$924,300 · Singh Living Trust
Dec 4, 2024
—
Arminder Kaur
Sandeep Singh
Deed
related
—
Feb 21, 2019
—
Singh Living Trust
Singh,gurpreet
Quit Claim Deed
related
—
Feb 14, 2018
$1,000,000
Gurpreet Singh
Trikala,manmohan
Grant Deed
$924,300 · Bank Of America
Feb 14, 2018
—
Gurpreet Singh
Kaur,gurpreet
Quit Claim Deed
related
—
Oct 7, 2013
$116,000
Manmohan Trikala
Sharma,rama M & Jyoti
Grant Deed
—
Oct 7, 2013
—
Manmohan Trikala
Trikala,shareeta D
Quit Claim Deed
related
—
Jan 5, 2010
$500,000
Rama M Sharma
Leung,chin M & Elsa
Grant Deed
$420,000 · Chin M & Elsa Leung
Sep 30, 2009
$599,294
Chin M Leung
Standard Trust Deed Svc Co
Trustees Deed
related
—
Sep 29, 2006
$710,000
Ektta Patidar
Grewal,burpinder S
Grant Deed
$57,000 · Burpinder S Grewal
Dec 23, 2004
$610,000
Burpinder S Grewal
Leung,chin M & Elsa
Grant Deed
$568,000 · Chin M & Elsa Leung
Oct 26, 1973
—
—
—
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1601 California St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
