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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Apartment buildings
201 Clarence St Richmond, CA 94801-3843
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3860846
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2004
Total area
5,391 SF
Lot
0.21 ac (9,205 SF)
APN
558-263-009-0
UPID
US09-3860846
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
by Request
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$915k
Owner & transaction history
Nmj Properties LLC · 9 yrs held
Nmj Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+22.6%
Auto repair, garage
$1.4M
+12.0%
Office building
$1.3M
+7.3%
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,245,000
Current use
COMMERCIAL (GENERAL)
$1,525,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,390,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$1,335,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$170 / 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
$26,942
Tax year 2024
Assessed value
$1,456,529
Assessed 2024
Previous assessed
$1,456,529
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$522,260
Assessed improvement
$934,269
Applied tax rate
8.0000
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
2004
Heating
NONE
Stories
1
Units
6
Rooms
8
Total area
5,391 SF
Lot
0.21 ac (9,205 SF)
APN
558-263-009-0
UPID
US09-3860846
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
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2004
Heating
NONE
Stories
1
Units
6
Rooms
8
Lot
0.21 ac
Current owner
From public records · entity-resolved
Nmj Properties LLC
Entity
Mailing address
451 BRIGHTON WAY, LIVERMORE, CA 94551-1833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jun 14, 2021
—
Nmj Properties LLC
—
Deed
related
$810,000 · Umpqua Bank
Feb 21, 2017
—
Nmj Properties LLC
Chen,michael V
Grant Deed
—
Jan 22, 2016
$1,265,000
Jason Chen
Acmis Twelve LLC
Grant Deed
$935,750 · Umpqua Bank
Jul 8, 2013
—
Acmis Twelve LLC
Scatena R H 2003 Trust
Quit Claim Deed
related
—
Nov 17, 2011
—
Acmis Twelve LLC
Epstein,sunni A
Grant Deed
—
Feb 28, 2011
$175,000
Acm Invtr Svcs
Acm Investor Services INC
Trustees Deed
related
—
Jun 27, 2008
$63,500
Nicole Donn
Valenzuela Family Trust
Grant Deed
—
Oct 13, 2003
—
Valenzuela,tr
Valenzuela,daniel M & Elia J
Quit Claim Deed
related
—
Jul 9, 2001
—
Daniel M Valenzuela
Valenzuela,elia J
Quit Claim Deed
related
$450,000 · Indymac Bank Fsb
Nov 17, 2000
—
Paul Ballora
Ballora,carolyn
Quit Claim Deed
related
—
Nov 17, 2000
$60,000
Valenzuela,elia J
Ballora,paul
Trustees Deed
$53,500 · Seller
—
—
Valenzuela,tr
—
Deed Of Trust
related
$252,000 · Security Finance
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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