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Property profile & analytics
OFF-MARKET
Estimated value
$11,000,000
Investment properties
1720 Franklin St Oakland, CA 94612-3408
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8620588
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Construction
TILT-UP CONCRETE
Total area
25,235 SF
Lot
0.29 ac (12,750 SF)
APN
8-624-12-1
UPID
US09-8620588
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
-
Lunch Box Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.00M
Owner & transaction history
Franklin Street 1714 Corp · 2 yrs held
Franklin Street 1714 Corp
since 2024
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$10.7M
+10.8%
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
$11,000,000
ML approach
$11,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$10,720,000
Change: +11% · Conversion: Difficult
RESTAURANT
$9,085,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$8,480,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$11.00M
Range $9.90M – $12.10M · ±10% · vs last sale $11.00M (May 1 2024)
Last sale anchor
$11.00M
May 1 2024
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
$436 / 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
$164,127
Tax year 2023
Assessed value
$11,350,000
Assessed 2024
Previous assessed
$11,350,000
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$3,405,000
Assessed improvement
$7,945,000
Applied tax rate
17.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
3
Units
2
Total area
25,235 SF
Lot
0.29 ac (12,750 SF)
APN
8-624-12-1
UPID
US09-8620588
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
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
RESTAURANT
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$8.5M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL 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
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Buildings
2
Units
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Franklin Street 1714 Corp
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$10,989,454
Franklin Street 1714 Corp
1714 Franklin Investments LP
Deed In Lieu Of Foreclosure
related
—
Mar 31, 2022
—
1714 Franklin Investments LP
—
Deed
related
$13,000,000 · Ponos Lending LLC
Mar 18, 2019
$11,000,000
1714 Franklin Investments LP
Sama Land Holdings LLC
Grant Deed
$9,250 · Pfp Holding Company Vi LLC
Sep 30, 2016
—
Sama Land Holdings LLC
—
Deed
related
$3,000,000 · Bank Of The West
Oct 14, 2013
$3,250,000
Sama Land Holdings LLC
Kim 1720 Franklin Street LLC
Grant Deed
$2,250,000 · Citibank NA
May 18, 2005
$3,100,000
Kim 1720 Franklin Street LLC
Rgg LLC
Grant Deed
$2,100,000 · Mechanics Bank
May 9, 2001
—
Rgg LLC
Macarthur LLC
Grant Deed
related
—
Apr 27, 2001
$1,842,500
Macarthur Ltd Lc
Kim,hahn J
Grant Deed
$1,049,238 · Hahn J
Feb 17, 2000
—
Hahn J Kim
Lindsley-kim,lisa
Quit Claim Deed
related
$1,300,000 · United Commercial Bank
Nov 7, 1996
$157,000
Hahn J Kim
Kjk Enterprises INC
Grant Deed
related
—
Nov 29, 1994
$575,000
Kjk Enterprises INC
Topa Thrift & Loan
Grant Deed
$488,750 · Topa Thrift & Loan
Mar 8, 1994
$1,609,346
Thrift Topa
Tcl Franklin Ass
Trustees Deed
related
—
—
—
K J K Enterprises INC
—
Deed Of Trust
related
—
—
—
Kim 1720 Franklin Street LLC
—
Deed Of Trust
related
$2,500,000 · America California Bank
—
—
Franklin Ass Icl
—
Deed Of Trust
related
$1,585,000 · Topa Thrift & Loan
—
—
Rgg LLC
—
Deed Of Trust
related
$2,170,000 · Mechanics Bank
—
—
Sama Land Holdings LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of The West
—
—
Michael Kim
—
Deed Of Trust
related
$700,000 · Alalusi Foundation
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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