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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Investment properties
1619 Solano Ave Berkeley, CA 94707-2108
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-9357837
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1908
Construction
WOOD
Total area
5,902 SF
Lot
0.08 ac (3,350 SF)
APN
62-2871-22
UPID
US09-9357837
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
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.49M
Owner & transaction history
Seven Sears Ptshp LLC · 13 yrs held
Seven Sears Ptshp LLC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+19.4%
Auto repair, garage
$1.9M
+6.4%
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%
$1,835,000
6.5%
$1,690,000
7%
$1,570,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,785,000
Current use
RETAIL STORES
$2,135,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,900,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±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
$252 / 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
$41,290
Tax year 2023
Assessed value
$2,496,572
Assessed 2024
Previous assessed
$2,447,622
+2.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$603,620
Assessed improvement
$1,892,952
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1908
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
5
Bathrooms
2
Total area
5,902 SF
Lot
0.08 ac (3,350 SF)
APN
62-2871-22
UPID
US09-9357837
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
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1908
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
5
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Seven Sears Ptshp LLC
Entity
Mailing address
2025 ROSE ST, BERKELEY, CA 94709-1993
Ownership since
2013
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 19, 2013
$2,068,000
Seven Sears Ptshp LLC
Yee John L Trust
Grant Deed
—
Jun 5, 2006
—
Yee John L Trust
Yee,john L
Quit Claim Deed
related
—
Feb 14, 2005
—
John Yee
Yee,bonnie Y S
Quit Claim Deed
related
—
Feb 14, 2005
$2,380,000
John L Yee
Jainchill,marshall L & Linda G
Grant Deed
$1,400,000 · California Bank & Trust
Nov 18, 2003
$2,000,000
Marshall L Jainchill
Froom,ronald L & Janice A
Grant Deed
$1,350,000 · Tamalpais Bank
Jan 25, 2001
$1,560,000
Ronald R Froom
Rassen Trust
Grant Deed
$650,000 · Tamalpais Bank
Sep 12, 1997
$1,060,000
Rassen Trust
Balazs Trust
Grant Deed
$742,000 · Wells Fargo Bank
Jul 1, 1992
—
Santiago Balazs Trustee
Balazs,santiago
Quit Claim Deed
related
—
Jun 27, 1984
$225,000
—
—
Grant Deed
related
$150,000
—
—
Marshall L Jainchili
—
Deed Of Trust
related
$100,000 · Ronald R & Janine A Froom
—
—
Ronald R Froom
—
Deed Of Trust
related
$660,000 · Tamalpais 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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