Entity Owned Property summary
AI-generated overview
This exceptional San Leandro investment opportunity presents a fee-simple ownership of a five-unit multifamily property situated on a sizable 14,700 square foot lot (0.34 acres). The property comprises a two-story, three-bedroom single-family home and four two-bedroom, one-bathroom cottages, all totaling 3,990 square feet of rentable space. Built in 1950, the property boasts a current occupancy of 100%, generating a Net Operating Income (NOI) of $90,827, and a pro-forma NOI of $97,426, representing a 6.26% cap rate and a pro-forma cap rate of 6.72%, respectively. The asking price is $1,450,000, or $290,000 per unit. The property features nine parking spaces and on-site laundry facilities, adding significant value for tenants. Conveniently located near Highway 580, this property offers easy access to major employment centers throughout the Bay Area. The permitted zoning is MULTI-FAMILY RES, allowing for potential future development or upgrades. This well-maintained property presents a compelling investment opportunity in a vibrant community with strong rental demand. The property's solid performance and potential for future appreciation make it an attractive addition to any investment portfolio.
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
3,990 SF
Lot
0.34 ac (14,700 SF)
APN
80-40-31-1
UPID
US09-8044420
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spiritual Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.36M
Owner & transaction history
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Neighborhood: shopping center
$1.7M
+70.7%
Medical building
$1.6M
+58.9%
Auto repair, garage
$1.3M
+32.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 26 comparables with addresses
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.36M
Value range
$1.22M – $1.49M
±10% around blend
Estimated value / SF
$340 / SF
Confidence
High
26 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$1.22M
blend $1.36M
$1.49M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,990 SF
Lot area
0.34 ac
Year built
1950
Stories
1
APN
80-40-31-1
Assessed value
$1,709,070
Annual tax
$23,200
3
Income approach: direct capitalization
Partial preview
Income approach indication
$890k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$965k
@ 6.5% CAP return
$890k
@ 7% CAP return
$825k
4
Sales comparison
Partial preview
Sales approach indication
$1.19M
Weighted, 20 comps · high confidence
Evidence
26 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.5 mi away · 3,736 SF
1.8 mi away · 3,112 SF
2.6 mi away · 4,391 SF
3.0 mi away · 3,465 SF
4.9 mi away · 4,140 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.36M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$249
+36%
Submarket 83 sales
$277
+23%
County 1386 sales
$244
+39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $340/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+71%
vs current-use indication
Medical Building
Auto Repair, Garage
Office Building
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 26 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
4.30%
Implied, in-place cap rate for this apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.30%
9.0%
NOI (est.)
$95k *
Last sale · Dec 2024
$1.36M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.21M
Move the market yield to see immediate price impact.
Value / SF
$553
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.80%4.30%4.80%
$85k
$2.25M
$1.99M
$1.78M
$95k
$2.50M
$2.21M
$1.98M
$104k
$2.75M
$2.43M
$2.17M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
26 found
High confidence · county-verified
Closest comparable
$1.49M
0.5 mi · Nov 2025 · $399/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,200
Tax year 2023
Assessed value
$1,709,070
Assessed 2024
Previous assessed
$1,709,070
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$536,095
Assessed improvement
$1,172,975
Applied tax rate
80.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1950
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
5
Bathrooms
5
Total area
3,990 SF
Lot
0.34 ac (14,700 SF)
APN
80-40-31-1
UPID
US09-8044420
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
5
Bathrooms
5
Lot
0.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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