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Property profile & analytics
OFF-MARKET
Estimated value
$7,755,000
Apartment buildings
1770 Carmel Dr Walnut Creek, CA 94596-4271
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2080005
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Total area
26,250 SF
Lot
0.8 ac (34,848 SF)
APN
178-360-005-7
UPID
US09-2080005
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
-
Carmel Pines Apartment Complex Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.76M
Owner & transaction history
Windy Hill Pv Twenty One Mf LLC
Windy Hill Pv Twenty One Mf LLC
since 2025
Last sale
$10.3M
6 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,955,000
6.5%
$6,420,000
7%
$5,960,000
Alternative Use
Use
Estimation
RESTAURANT
$11,480,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$11,365,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$7.76M
Range $6.98M – $8.53M · ±10% · vs last sale $10.28M (Jun 8 2025)
Last sale anchor
$10.28M
Jun 8 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
$295 / 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
$154,973
Tax year 2024
Assessed value
$10,948,880
Assessed 2024
Previous assessed
$10,948,880
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$5,905,687
Assessed improvement
$5,043,193
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
1973
Heating
NONE
Stories
1
Units
50
Rooms
50
Total area
26,250 SF
Lot
0.8 ac (34,848 SF)
APN
178-360-005-7
UPID
US09-2080005
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
RESTAURANT
Est. value
$11.5M
OFFICE BUILDING
Est. value
$11.4M
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
1973
Heating
NONE
Stories
1
Units
50
Rooms
50
Lot
0.8 ac
Current owner
From public records · entity-resolved
Windy Hill Pv Twenty One Mf LLC
Entity
Mailing address
10384 NORTHVALE RD, LOS ANGELES, CA 90064-4331
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
$10,275,000
Windy Hill Pv Twenty One Mf LLC
A L Kolom And Associates INC
Deed
$250,000 · Jpmorgan Chase Bank NA
Oct 25, 2005
—
Samuel Oschin Family Fndtn
Owner Name Unavailable
Grant Deed
—
Mar 3, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Dec 13, 2004
—
Samuel Oschin Family Foun
A L Kolom & Associates INC
Grant Deed
related
—
Oct 29, 1997
—
A L Kolom & Associates INC
Kolom Trust
Quit Claim Deed
related
—
Oct 15, 1997
—
Kolom Trust
Kolom,aaron L & Serita
Quit Claim 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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