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Property profile & analytics
OFF-MARKET
Estimated value
$8,890,000
Apartment buildings
16183 Ashland Ave San Lorenzo, CA 94580-1115
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-7956608
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
52,744 SF
Lot
1.58 ac (68,668 SF)
APN
80C-495-10-3
UPID
US09-7956608
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
-
Hard2Reach Entertainment Distribution Center Logistics Company
-
Ashland Garden Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.89M
Owner & transaction history
Maas Crestview LLC · 1 yrs held
Maas Crestview LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.8M
+14.9%
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 Lorenzo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Lorenzo 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%
$12,735,000
6.5%
$11,755,000
7%
$10,915,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,860,000
Current use
COMMERCIAL (GENERAL)
$14,770,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$8.89M
Range $8.00M – $9.78M · ±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
$169 / 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
$224,379
Tax year 2023
Assessed value
$16,049,682
Assessed 2024
Previous assessed
$15,736,853
+2.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$4,515,552
Assessed improvement
$11,534,130
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Buildings
4
Stories
4
Units
64
Rooms
232
Bathrooms
64
Total area
52,744 SF
Lot
1.58 ac (68,668 SF)
APN
80C-495-10-3
UPID
US09-7956608
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$12.9M
COMMERCIAL (GENERAL)
Est. value
$14.8M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
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
1985
Construction
WOOD
Heating
NONE
Stories
4
Buildings
4
Units
64
Rooms
232
Bathrooms
64
Lot
1.58 ac
Current owner
From public records · entity-resolved
Maas Crestview LLC
Entity
Mailing address
1500 E HAMILTON AVE STE #210, CAMPBELL, CA 95008-0835
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
Feb 19, 2025
—
Maas Crestview LLC
Redwood Plaza LLC
Grant Deed
—
May 24, 2022
$2,997,000
Maas Crestview LLC
Silverville Capital LLC
Grant Deed
$10,399,000 · Berkeley Point Capital LLC
May 24, 2022
—
Maas Crestview LLC
Redwood Plaza LLC
Agreement Of Sale
—
May 24, 2022
$378,500
Maas Crestview LLC
Winter Crescent Partners LLC
Grant Deed
—
May 24, 2022
$378,000
Maas Crestview LLC
Liquid Brook Group LLC
Grant Deed
—
Sep 2, 2021
—
Redwood Plaza LLC
Redwood Plaza LLC
Lease
$8,261,000 · Redwood Plaza LLC
Jun 28, 2001
—
Redwood Plaza LLC
Web Service Co INC
Quit Claim Deed
related
—
Jun 26, 2001
$4,183,000
Redwood Plaza LLC
F,walnut Creek Properties
Grant Deed
—
Dec 10, 1999
—
Walnut Creek Properties
Pethan,meryl J & Aldean
Grant Deed
$3,400,000 · Wells Fargo Bank
—
—
Plaza Redwood
—
Deed Of Trust
related
$4,752,000 · Deutsche Bank Berkshire Mtg
—
—
Redwood Plaza LLC
—
Deed Of Trust
related
$5,395,000 · Berkshire Mortgage Finance Co
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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