New search
Property profile & analytics
FOR SALE
Apartment buildings
193 Ramona St Pittsburg, CA 94565
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2705449
For Sale
1 / 10
$1,950,000
193 Ramona St, Pittsburg, CA 94565
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Total area
6,006 SF
Lot
0.25 ac (11,000 SF)
APN
087-161-011-9
UPID
US09-2705449
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
$2.02M
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.94M
Owner & transaction history
Ramonas Magnolia LLC
Ramonas Magnolia LLC
since 2025
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+82.2%
Medical building
$2.2M
+51.4%
Commercial (general)
$2.1M
+45.1%
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 Pittsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsburg 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
$2,200,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
$1,590,000
6.5%
$1,470,000
7%
$1,365,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,440,000
Current use
RESTAURANT
$2,625,000
Change: +82% · Conversion: Difficult
MEDICAL BUILDING
$2,180,000
Change: +51% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,090,000
Change: +45% · Conversion: Moderate
OFFICE BUILDING
$2,065,000
Change: +43% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,590,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10% · vs last sale $1.89M (May 27 2025)
Last sale anchor
$1.89M
May 27 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
$323 / 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
$29,205
Tax year 2024
Assessed value
$2,200,540
Assessed 2024
Previous assessed
$2,200,540
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,144,440
Assessed improvement
$1,056,100
Applied tax rate
7.0000
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
1961
Heating
NONE
Stories
1
Units
8
Rooms
8
Total area
6,006 SF
Lot
0.25 ac (11,000 SF)
APN
087-161-011-9
UPID
US09-2705449
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1961
Heating
NONE
Stories
1
Units
8
Rooms
8
Lot
0.25 ac
Current owner
From public records · entity-resolved
Ramonas Magnolia LLC
Entity
Mailing address
5420 CYN CRST DR, SAN RAMON, CA 94582-4815
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2025
$1,888,000
Ramonas Magnolia LLC
Pajeri LLC
Grant Deed
$800,000 · Us Bank Trust Company National Asso
Feb 7, 2022
$2,100,000
Pajeri LLC
Ramona Apartment Investors LLC
Grant Deed
$1,575,000 · Luther Burbank Savings
Dec 18, 2017
$1,250,000
Ramona Apartments Investors LLC
Rohit Aggarwal
Grant Deed
$1,161,000 · Oak Valley Community Bank
Feb 22, 2016
—
Aggarwal,rohit & P Trust
Aggarwal,rohit & Prerna
Quit Claim Deed
related
—
Aug 6, 2013
$875,000
Rohit Aggarwal
Lawrence A D JR & Associates
Grant Deed
$566,100 · Provident Savings Bank
Jan 3, 2013
—
Kuhn Frank E & Helene M Trust
Kuhn Frank E & H M Trust
Quit Claim Deed
related
—
Aug 30, 2010
—
Kuhn Frank E & Helene M Trust
Kriskurt Trust
Grant Deed
related
—
Mar 12, 2010
—
Daly L A JR & Assocs INC Trust
Kriskurt Trust
Quit Claim Deed
related
—
Aug 29, 2007
$252,000
Kriskurt Trust
Lawrence A Daly JR & Assocs In
Grant Deed
—
Oct 17, 2005
—
A Daly Lawrence JR.
Daly,lawrence A JR & Michelle L
Quit Claim Deed
related
—
Oct 14, 2005
$890,000
Lawrence A Daly JR.
Davi Trust
Grant Deed
$550,000 · World Savings
May 18, 1973
—
—
—
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
