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Property profile & analytics
OFF-MARKET
Estimated value
$7,550,000
Apartment buildings
1705 Carmel Dr Walnut Creek, CA 94596-4256
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1805080
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
17,952 SF
Lot
0.47 ac (20,473 SF)
APN
178-290-010-2
UPID
US09-1805080
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
-
iCab Courier Service
-
Glossy House Cleaning Bay Area Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.55M
Owner & transaction history
Brigitte Fisher · 1 yrs held
Brigitte Fisher
since 2025
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.1M
+0.7%
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 Walnut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walnut Creek 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
$7,575,000
ML approach
$7,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,075,000
Current use
RETAIL STORES
$9,140,000
Change: +1% · Conversion: Difficult
RESTAURANT
$7,850,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$7,775,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$7.55M
Range $6.80M – $8.31M · ±10% · vs last sale $7.50M (Feb 27 2025)
Last sale anchor
$7.50M
Feb 27 2025
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
$421 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$106,878
Tax year 2024
Assessed value
$8,368,810
Assessed 2024
Previous assessed
$8,368,810
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$4,183,195
Assessed improvement
$4,185,615
Applied tax rate
9.0000
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
1962
Heating
NONE
Stories
1
Units
21
Rooms
21
Total area
17,952 SF
Lot
0.47 ac (20,473 SF)
APN
178-290-010-2
UPID
US09-1805080
Jurisdiction
CONTRA COSTA
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
$9.1M
RETAIL STORES
Est. value
$9.1M
RESTAURANT
Est. value
$7.9M
OFFICE BUILDING
Est. value
$7.8M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
1962
Heating
NONE
Stories
1
Units
21
Rooms
21
Lot
0.47 ac
Current owner
From public records · entity-resolved
Brigitte Fisher
Individual
Mailing address
4844 TELEGRAPH AVE, OAKLAND, CA 94609-2010
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 27, 2025
—
Brigitte Fisher
Brigitte Fisher
Deed
related
$2,590,000 · First Foundation Bank
Jul 7, 2017
$7,500,000
Louis C G Fisher
Gina Willner Pardo
Grant Deed
$3,850,000 · First Foundation Bank
Jul 7, 2017
—
Gina Willner-pardo
1705 Carmel LLC
Quit Claim Deed
—
Aug 11, 2016
—
1705 Carmel LLC
Pardo,gina W
Quit Claim Deed
related
—
May 3, 2016
—
Gina W Pardo
Willner Insurance Trust
Quit Claim Deed
—
Sep 8, 2015
—
Willner 1983 Trust
Insurance Trust A
Quit Claim Deed
related
—
May 15, 2007
—
Mechanics Bank
Willner,lillian S
Quit Claim Deed
related
—
Dec 27, 2006
—
Mechanics Bank
Willner,lillian S
Grant Deed
—
Aug 4, 1994
—
Lilian S Willner Trustee
Lilian S Willner
Quit Claim Deed
related
—
Aug 11, 1980
—
—
—
Grant Deed
related
—
Mar 6, 1972
—
Owner Name Unavailable
—
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.
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