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Property profile & analytics
FOR SALE
Investment properties
1732 University Ave Berkeley, CA 94705
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-6603907
For Sale
1 / 20
$4,200,000
1732 University Ave, Berkeley, CA 94705
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
WOOD
Total area
17,610 SF
Lot
0.32 ac (13,800 SF)
APN
56-2011-21
UPID
US09-6603907
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
-
E'lan Nail Bar Nail Salon
-
AJZ Carpet Cleaning Berkeley (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$1.06M
Owner & transaction history
Satake Trust · 6 yrs held
Satake Trust
since 2019
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
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$60 / 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
$46,984
Tax year 2023
Assessed value
$1,655,747
Assessed 2024
Previous assessed
$1,623,284
+2.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$634,703
Assessed improvement
$1,021,044
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
For Sale
Year built
1928
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
17,610 SF
Lot
0.32 ac (13,800 SF)
APN
56-2011-21
UPID
US09-6603907
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
Building & site characteristics
From public records
Year built
1928
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Satake Trust
Trust
Mailing address
1035 SAN PABLO AVE STE #12, ALBANY, CA 94706-2277
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
Alvin T Satake
—
Deed
related
$3,600,000 · First Northern Bank Of Dixon
Sep 3, 2019
—
Satake Trust
Kelly,james J
Quit Claim Deed
related
$3,100,000 · Bank Leumi USA
Aug 29, 1997
—
Alvin T Satake
Satake,maxine
Quit Claim Deed
related
$1,149,000 · Bay View Bank
Dec 18, 1992
—
James Kelly
Kelly,james J
Quit Claim Deed
related
—
May 1, 1989
$900,000
James Kelly
The Laurence Hey
Grant Deed
$750,000 · Individual
—
—
James Kelly
—
Deed Of Trust
related
$350,000 · Individual
—
—
James J Kelley
—
Deed Of Trust
related
$200,000 · Scott Trust
—
—
James Kelly
—
Deed Of Trust
related
$975,000 · Bank Of The Orient
—
—
James J Kelly
—
Deed Of Trust
related
$1,800,000 · Tamalpais Bank
—
—
James J Kelly
—
Deed Of Trust
related
$1,800,000 · 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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