Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,550,000
Apartment buildings
20441 Anita Ave Castro Valley, CA 94546-5501
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-6704549
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
18,252 SF
Lot
0.77 ac (33,548 SF)
APN
84A-131-7-4
UPID
US09-6704549
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
$5.68M
CAP Approach
CAP
$5.45M
Comparable Approach
Comparable
$6.76M
Blend (final)
Blend
$5.55M
Owner & transaction history
Stratus Cv LLC · 3 yrs held
Stratus Cv LLC
since 2023
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.0M
+81.1%
Neighborhood: shopping center
$7.8M
+56.5%
Auto repair, garage
$6.8M
+36.2%
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 Castro Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castro Valley 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
$5,695,000
ML approach
$5,675,000
CAP Approach
CAP Return
Estimation
6%
$5,900,000
6.5%
$5,445,000
7%
$5,055,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,955,000
Current use
RESTAURANT
$8,975,000
Change: +81% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,755,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,750,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$5,920,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$5,290,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,020,000
Change: +1% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,960,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$5.55M
Range $5.00M – $6.11M · ±10% · vs last sale $5.46M (Jun 27 2023)
Last sale anchor
$5.46M
Jun 27 2023
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
$304 / 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
$115,207
Tax year 2023
Assessed value
$9,732,683
Assessed 2024
Previous assessed
$8,421,185
+15.6% YoY
Effective rate
1.18%
On assessed value
Assessed land
$2,448,000
Assessed improvement
$7,284,683
Applied tax rate
54.0000
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
1959
Construction
WOOD
Heating
NONE
Buildings
6
Stories
2
Units
24
Rooms
132
Bathrooms
48
Total area
18,252 SF
Lot
0.77 ac (33,548 SF)
APN
84A-131-7-4
UPID
US09-6704549
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
$5.0M
RESTAURANT
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.8M
AUTO REPAIR, GARAGE
Est. value
$6.8M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1959
Construction
WOOD
Heating
NONE
Stories
2
Buildings
6
Units
24
Rooms
132
Bathrooms
48
Lot
0.77 ac
Current owner
From public records · entity-resolved
Stratus Cv LLC
Entity
Mailing address
1842 HOLLYVIEW DR, SAN RAMON, CA 94582-5141
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
$5,463,000
Stratus Cv LLC
Wsrh Anita Arms LLC
Grant Deed
—
Sep 13, 2021
—
County Of Alameda
Wsrh Anita Arms LLC
Grant Deed
—
Jul 9, 2019
—
Wsrh Anita Arms LLC
—
Grant Deed
related
$10,525,000 · Bank Leumi USA
Nov 2, 2017
$12,415,000
Wsrh Anita Arms LLC
Cal Alliance Investments LLC
Trustees Deed
$7,205,000 · Mufg Union Bk NA
Jan 29, 2016
—
Cal Alliance Investments LLC
Soheyla Hifai
Grant Deed
$4,220,000 · Jpmorgan Chase Bank NA
Jun 27, 2012
—
Soheyla Hifai
Hifai,paul P & Soheyla
Quit Claim Deed
related
—
Nov 2, 1999
$2,990,000
Paul P Hifai
7-l Asset Management Group LLC
Grant Deed
$2,242,500 · Washington Mutual Fsb
Apr 26, 1994
$1,402,500
7-l Asset Management Group
Kerr Trust
Grant Deed
related
$1,052,000 · Home Savings Of America
—
—
Paul P Hifai
—
Deed Of Trust
related
$400,000 · Carl & Alice Hsu
—
—
Wsrh Anita Arms LLC
—
Deed Of Trust
related
$10,037,000 · Grandbridge R/e Cap
—
—
Kerr Trust
—
Deed Of Trust
related
$750,000 · World Savings & Loan
—
—
Paul P Hifai
—
Deed Of Trust
related
$3,200,000 · Commercial Capital Bank Fsb
—
—
Paul P Hafai
—
Deed Of Trust
related
$5,000 · Bay View Bank
—
—
Paul P Hifai
—
Deed Of Trust
related
$3,900,000 · J P Morgan Chase 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20441 Anita Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.