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Property profile & analytics
FOR SALE
Apartment buildings
1914 51St Ave Oakland, CA 94601
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8321316
For Sale
1 / 18
$999,000
1914 51St Ave, Oakland, CA 94601
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1924
Construction
WOOD
Total area
4,303 SF
Lot
0.23 ac (10,189 SF)
APN
35-2381-25
UPID
US09-8321316
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$545k
Owner & transaction history
Christine Tuong Van Vo · 6 yrs held
Christine Tuong Van Vo
since 2020
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$845,000
+15.8%
Warehouse, storage
$835,000
+14.2%
Auto repair, garage
$810,000
+10.6%
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
$465,000
ML approach
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$730,000
Current use
RETAIL STORES
$845,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$835,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$810,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $700k (Jan 7 2020)
Last sale anchor
$700k
Jan 7 2020
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
$127 / 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
$15,078
Tax year 2023
Assessed value
$758,464
Assessed 2024
Previous assessed
$743,594
+2.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$305,574
Assessed improvement
$452,890
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1924
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
5
Rooms
16
Bathrooms
5
Total area
4,303 SF
Lot
0.23 ac (10,189 SF)
APN
35-2381-25
UPID
US09-8321316
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$730,000
RETAIL STORES
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS) Current
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
1924
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
5
Rooms
16
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Christine Tuong Van Vo
Individual
Mailing address
331 NE 14TH ST, OKLAHOMA CITY, OK 73104-1207
Ownership since
2020
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
Jan 7, 2020
$700,000
Christine Tuong Van Vo
Yin Tsang Cherk
Grant Deed
$490,000 · Metropolitan Bank
Jan 7, 2020
—
Christine Tuong Van Vo
Duy H Ly
Intrafamily Transfer
related
—
Dec 20, 2005
$700,000
Cherk Y Tsang
Dang,son M
Grant Deed
—
Jun 27, 2005
$510,000
Som M Dang
Brown Ellis Trust
Grant Deed
$408,000 · United Commercial Bank
Jun 27, 2005
—
Wei R Zeng
Doe,yokshim
Grant Deed
related
—
Jan 18, 2001
—
Brown Trust
Brown,ellis
Quit Claim Deed
related
—
Jan 10, 2001
—
Ellis Brown
Brown,rosemary J
Quit Claim Deed
related
$200,000 · Greenpoint Mortgage Funding
Dec 4, 2000
$395,000
Brown Trust
Falk,peter
Grant Deed
$115,000 · Seller
Aug 13, 1976
—
—
—
Grant Deed
related
—
—
—
Peter Falk
—
Deed Of Trust
related
$79,000 · California Federal 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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