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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Investment properties
1839 96th Ave Oakland, CA 94603-1615
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8364645
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1918
Construction
WOOD
Total area
3,666 SF
Lot
0.1 ac (4,500 SF)
APN
46-5447-17
UPID
US09-8364645
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
-
MunchRite Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.05M
Owner & transaction history
M&n Property Investments LLC · 1 yrs held
M&n Property Investments LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+92.8%
Medical building
$1.2M
+52.5%
Office building
$885,000
+9.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$810,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,560,000
Change: +93% · Conversion: Difficult
MEDICAL BUILDING
$1,230,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$885,000
Change: +9% · Conversion: Easy
RETAIL STORES
$870,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$700,000
Change: -14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$690,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $1.13M (Oct 3 2024)
Last sale anchor
$1.13M
Oct 3 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
$285 / 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
$11,607
Tax year 2023
Assessed value
$646,859
Assessed 2024
Previous assessed
$634,176
+2.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$132,553
Assessed improvement
$514,306
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
1918
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
4
Total area
3,666 SF
Lot
0.1 ac (4,500 SF)
APN
46-5447-17
UPID
US09-8364645
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
$810,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$885,000
RETAIL STORES
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$690,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1918
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
M&n Property Investments LLC
Entity
Mailing address
248 3RD ST #836, OAKLAND, CA 94607-4375
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
Dec 11, 2025
—
M&n Property Investments LLC
—
Deed
related
$250,000 · Kaid A Nasher A Married Man As A Sole &
Jan 3, 2025
$1,125,000
M&n Property Investments LLC
Skjar INC
Grant Deed
$795,000 · Bank Of Marin
Jul 6, 2021
—
Skjar INC
—
Deed
related
$50,000 · Springing Maple LLC
Feb 5, 2018
—
Skjar INC
—
Deed
related
$630,000 · Heritage Bk/commerce
Oct 22, 2014
$549,000
Skjar INC
Mohamed Mosleh Aldafari
Grant Deed
$635,500 · East West Bank
Dec 9, 1996
—
Mohamed M Aldafari
Aldafari,ali M
Quit Claim Deed
related
$200,000 · Liberty National Bank
Nov 22, 1989
$264,000
Mohamed Aldasari
Tuttle,j.&c.
Grant Deed
$224,000 · Individual
—
—
Mohamed M Aldafari
—
Deed Of Trust
related
$300,000 · United Commercial Bank
—
—
Mohamed M Aldafari
—
Deed Of Trust
related
$342,000 · Greenpoint Mortgage Funding
—
—
Skjar INC
—
Deed Of Trust
related
$630,000 · Heritage Bk/commerce
—
—
Mohamed M Aldafari
—
Deed Of Trust
related
$20,400 · Mercantile Finance C
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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