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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Investment properties
1700 University Ave Berkeley, CA 94703-1514
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-8191320
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Construction
WOOD
Total area
7,846 SF
Lot
0.13 ac (5,500 SF)
APN
56-2011-19
UPID
US09-8191320
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
by Request
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.35M
Owner & transaction history
1700 University Associates LLC · 12 yrs held
1700 University Associates LLC
since 2013
7 recorded transactions
Zoning & alternative use
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,430,000
Current use
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$171 / 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
$33,640
Tax year 2023
Assessed value
$1,662,349
Assessed 2024
Previous assessed
$1,629,759
+2.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$406,352
Assessed improvement
$1,255,997
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
1926
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
10
Rooms
16
Bathrooms
7
Total area
7,846 SF
Lot
0.13 ac (5,500 SF)
APN
56-2011-19
UPID
US09-8191320
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
$1.4M
COMMERCIAL (GENERAL) Current
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
1926
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
10
Rooms
16
Bathrooms
7
Lot
0.13 ac
Current owner
From public records · entity-resolved
1700 University Associates LLC
Entity
Mailing address
150 NELLEN AVE STE #250, CORTE MADERA, CA 94925-1199
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2017
—
1700 University Associates LLC
—
Deed
related
$826,601 · Wells Fargo Bank NA
Dec 31, 2013
—
1700 University Associates LLC
Egung Living Trust
Quit Claim Deed
—
Dec 30, 2013
—
Egung Living Trust
1700 University Associates LLC
Quit Claim Deed
—
Sep 24, 2012
—
1700 University Associates LLC
Jackovics,thomas P & Judit M
Grant Deed
—
Apr 19, 2012
$1,350,000
Thomas P Jackovics
Src Enterprises LLC
Grant Deed
$945,000 · Wells Fargo Bank NA
Apr 5, 2010
—
Src Ents LLC
Chan,shui M & Rachel Q
Grant Deed
—
Sep 13, 2004
$1,270,000
Shui M Chan
Nissim,raphael & Tammie C
Grant Deed
$780,000 · Luther Burbank Savings & Loan
Jun 14, 1996
$525,000
Raphael Nissim
Glimidakis Avlonitis & Nissim
Grant Deed
related
$450,000 · Metro Commerce Bank NA
May 18, 1990
$425,000
Glimidakis Avlon
Tsao,d./kho,i.
Grant Deed
$213,000 · First Indo-american Bank
—
—
Raphael Nissim
—
Deed Of Trust
related
$200,000 · Metro Commerce Bank NA
—
—
Raphael Nissim
—
Deed Of Trust
related
$925,000 · Delta Property Management Co
—
—
Raphael Nissim
—
Deed Of Trust
related
$150,000 · Foreman & Brasso
—
—
G. Avlonitis
—
Deed Of Trust
related
$400,000 · Planet Insurance
—
—
Glimidakis Avlonitis
—
Deed Of Trust
related
$176,894 · First Indo-american 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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